JAWS Hurricane Acquisition Corporation
HCNEU
NASDAQ Capital Market10.27
USD
- -
- -
CIK
0001843205
ISIN
US47201B2025
CUSIP
47201B202
Return %
Stock
S&P500
1Y
2.70
26.84
3Y
2.09
77.03
5Y
2.09
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Matthew Joseph Walters
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1601 Washington Avenue Miami Beach FL United States of America 33139
- IPO Date
- Jun 11, 2021
- CIK
- 0001843205
- Website
- jawsspac.com
- Similar Companies
- Business
- JAWS Hurricane Acquisition Corporation (HCNEU) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company currently has no significant operations and focuses exclusively on identifying and completing such a transaction, typically targeting sectors aligned with the expertise of its founders in real estate, hospitality, and related industries. Its securities include units comprising one share of Class A common stock and one-fourth of one redeemable warrant, with the units trading under the ticker HCNEU on Nasdaq. Incorporated in 2021 and headquartered at 1601 Washington Avenue, Suite 800, Miami Beach, Florida, the company was founded by Barry Sternlicht, Chairman and a prominent real estate investor known for Starwood Capital, and Matthew Walters, Chief Executive Officer and principal at Jaws Estates Capital. It completed its initial public offering in June 2021, raising approximately $275 million through the upsized sale of 27.5 million units at $10 each, with proceeds held in trust for a future business combination. In a significant recent development, JAWS Hurricane Acquisition Corporation announced the redemption of its Class A common stock in June 2023 upon failing to complete an initial business combination within the required timeframe, with initial stockholders waiving redemption rights on Class B shares; the company has since continued trading its warrants (HCNEW) and units amid ongoing market activity into 2025, including potential delisting considerations, while maintaining approximately $200 million in trust assets pending any new merger opportunities. No major partnerships, acquisitions, or new product launches have been reported in the last 1-2 years, reflecting its pre-merger SPAC status with operations limited to the United States.