Meteora Capital, LLC Reports New 8.2% Stake in HCM III Acquisition Corp (HCMA)

On May 15, 2026, Meteora Capital, LLC filed a Schedule 13G disclosing a new ownership position in HCM III Acquisition Corp (HCMA). As of the event date of March 31, 2026, the investment manager reported beneficial ownership of 2,077,075 shares of Class A common stock. This position represents an 8.2% ownership stake in the company. The filing was made jointly by Meteora Capital, LLC and Vik Mittal, the firm's Managing Member, who shares voting and dispositive power over the reported shares. The securities are held by various funds and managed accounts for which Meteora Capital serves as the investment manager. According to the filing certifications, these shares were acquired in the ordinary course of business and are not held for the purpose of changing or influencing control of the issuer. This filing marks an increase from a previously unreported or zero position, establishing Meteora Capital as a significant institutional shareholder in the SPAC.