HCM III ACQUISITION CORP. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities. (a) Market Information Our Units, Public Shares and Public Warrants are each traded on the NASDAQ Stock Exchange under the symbols “HCMAU,” “HCMA” and “HCMAW,” respectively. Our Units commenced public trading on August 1, 2025, and our Public Shares and Public Warrants commenced separate public trading on September 22, 2025. (b) Holders On March 11, 2026, there was 1 holder of record of our Units, 1 holder of record of our separately traded Class A Ordinary Shares, 4 holders of record of our Class B Ordinary Shares, 1 holder of record of our Public Warrants and 2 holders of record of our Private Warrants. (c) Dividends We have not paid any cash dividends on our Ordinary Shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination. The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent to completion of our initial business combination. The payment of any cash dividends subsequent to our initial Business combination will be within the discretion of our Board of Directors at such time. In addition, our Board of Directors is not currently contemplating and does not anticipate declaring any share dividends in the foreseeable future. Further, if we incur any indebtedness in connection with our initial business combination, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection therewith. (d) Securities Authorized for Issuance Under Equity Compensation Plans None. (e) Performance Graph As a smaller reporting company, we are not required to provide the information required by Regulation S-K Item 201(e). (f) Recent Sales of Unregistered Securities None. (g) Use of Proceeds from the Initial Public Offering For a description of the use of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our Quarterly Report for the quarter ended September 30, 2025, as filed with the SEC on November 14, 2025. There has been no material change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration Statement. The specific investments in our Trust Account may change from time to time. (h) Purchases of Equity Securities by the Issuer and Affiliated Purchasers None. Item 6. [Reserved] 23