HCM II Acquisition Corp..
HOND.US | Activities of holding companies
HCM II Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an initial business combination target in any in...Show More
Better Health for All
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HCM II Acquisition Corp. (HOND.US) is a blank check company that recently completed its IPO.
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The provided articles focus solely on the company's IPO details and do not contain any information about its business operations, products, services, or impact on health. Therefore, no specific evidence exists to assess HOND.US against any of the 'Better Health for All' KPIs.
Fair Money & Economic Opportunity
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No evidence available to assess HCM II Acquisition Corp. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence was found in the provided articles regarding HOND.US's performance on any of the Fair Pay & Worker Respect KPIs. The articles discuss a business combination agreement
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and general ESG SPAC performance,
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but do not contain specific data on living wage coverage, CEO-median pay ratio, collective bargaining, safety incident rates, pay equity, worker engagement, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage for HOND.US.
Fair Trade & Ethical Sourcing
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No evidence available to assess HCM II Acquisition Corp. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Terrestrial Energy Inc., the target company for HOND.US's pending merger, has a Whistleblower Policy that establishes procedures for reporting concerns, including accounting, internal controls, auditing, safety, and other potential violations.
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The policy allows for confidential and anonymous reporting via a 24/7 toll-free hotline and a third-party hosted website, and it explicitly prohibits retaliation against good-faith reports.
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The company also has a comprehensive anti-corruption policy that strictly prohibits all forms of bribery, corruption, and improper payments, including through third parties, and requires compliance with the United States Foreign Corrupt Practices Act.
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Gifts of nominal value are defined as generally not exceeding US$100.
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The company's audited financial statements are audited in accordance with GAAP and PCAOB.
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As a blank check company, HOND.US has no public financial reporting requirement for financial restatements.
Kind to Animals
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No specific data relevant to HOND.US or its practices concerning animal welfare, testing, sourcing, or conservation initiatives was found in the provided articles.
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All articles explicitly state they contain no quantitative data, regulatory actions, certifications, or other relevant information for the company.
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No War, No Weapons
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HCM II Acquisition Corp. is a blank check company, and the provided article explicitly states that no target has been identified.
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As such, the company currently has no business operations, revenue, R&D, sales, procurement, or other activities relevant to the 'No War, No Weapons' value. Therefore, all KPIs are scored as N/A, indicating no defense or arms-related activities in its core business.
Planet-Friendly Business
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No sustainability data or specific, concrete evidence relevant to the Planet-Friendly Business value could be extracted from the provided articles for HOND.US.
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All articles explicitly state that data is unavailable or inaccessible.
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Respect for Cultures & Communities
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HCM II Acquisition Corp. is a blank check company that has recently priced its initial public offering.
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The provided articles focus exclusively on the details of this IPO, including pricing and offering size. They explicitly state that no data relevant to the company's operations or the ethical value of 'Respect for Cultures & Communities' is available.
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As a blank check company, it does not yet have operational activities that would generate data for the specified KPIs.
Safe & Smart Tech
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No evidence available to assess HCM II Acquisition Corp. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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Terrestrial Energy's Integral Molten Salt Reactor (IMSR) is designed with a 50+ year operating life for the plant and a 7-year replaceable core unit, indicating a focus on product durability.
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The design also aims for 32% less fission product waste per kWh(e) by mass and allows for retrofitting existing coal power plants, demonstrating the integration of circular design principles as standard practice.
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Regarding hazardous waste, a partner, EnergySolutions, operates two licensed disposal sites and is involved in decommissioning several nuclear power plants, which suggests basic compliance with hazardous waste regulations.
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The company has not incurred any waste disposal violations in the past three years.