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Added to YB: 2025-10-17

Pitch date: 2025-10-15

HOND [bullish]

HCM II Acquisition Corp.

-38.89%

current return

Author Info

No bio for this author

Company Info

As of October 28, 2025, HCM II Acquisition Corp. was acquired by Terrestrial Energy Inc., in a reverse merger transaction.

Market Cap

$485.3M

Pitch Price

$29.52

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

82.55

EV/Sales

N/A

Sector

Capital Markets

Category

special_situation

Show full summary:
Long $HOND: The Nuclear Play That Will Power the AI Revolution

HOND: Nuclear SPAC taking Terrestrial Energy public as AI power demand explodes 300%. Molten salt reactor tech with 44% thermal efficiency vs 33% traditional, validated by Canadian regulator. $925M pre-money valuation, trades 0.6x pro forma equity vs peers at 3-5x. Merger Q4 2025, first plant late 2020s.

Read full article (3 min)