HCM III Acquisition Corp-A：2025年季度报告

FORM10-Q (MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter endedJune 30,2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number:001-42774 (Issuer’s telephone number) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of September 12, 2025, there were25,300,000Class A ordinary shares, $0.0001 par value and8,433,333Class B ordinary shares,$0.0001 par value, issued and outstanding. HCM III ACQUISITION CORP.FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2025 TABLE OF CONTENTS PagePart I. Financial InformationItem 1. Interim Financial Statements1Condensed Balance Sheet as of June 30, 2025 (Unaudited)1Condensed Statement of Operations for the period from April 15, 2025 (Inception) Through June 30, 2025(Unaudited)2Condensed Statement of Changes in Shareholder’s Deficit for the period from April 15, 2025 (Inception) ThroughJune 30, 2025 (Unaudited)3Condensed Statement of Cash Flows for the period from April 15, 2025 (Inception) Through June 30, 2025(Unaudited)4Notes to Condensed Financial Statements (Unaudited)5Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations15Item 3. Quantitative and Qualitative Disclosures About Market Risk17Item 4. Controls and Procedures17Part II. Other InformationItem 1. Legal Proceedings18Item 1A. Risk Factors18Item 2. Unregistered Sales of Equity Securities and Use of Proceeds18Item 3. Defaults Upon Senior Securities18Item 4. Mine Safety Disclosures18Item 5. Other Information18Item 6. Exhibits19Part III. Signatures20 PART I - FINANCIAL INFORMATION HCM III ACQUISITION CORP.CONDENSED BALANCE SHEETJUNE 30, 2025(UNAUDITED) Current asset – prepaid expenses$20,000Deferred offering costs397,682Total Assets$417,682 Liabilities and Shareholder’s Deficit:Accrued expenses Commitments and Contingencies (Note 6) Shareholder’s DeficitPreferred shares, $0.0001par value;1,000,000shares authorized;noneissued or outstanding—ClassA ordinary shares, $0.0001par value;200,000,000shares authorized;noneissued or outstanding―ClassB ordinary shares, $0.0001par value;20,000,000shares authorized;8,433,333shares issued and outstanding(1)844Additional paid-in capital24,156Accumulated deficit(47,545)Total Shareholder’s Deficit(22,545)Total Liabilities and Shareholder’s Deficit$417,682 (1)Includes an aggregate of up to 1,100,000Class B ordinary shares subject to forfeiture if the over-allotment option is not exercisedby the underwriters in full (Note5). On August 4, 2025, the underwriters exercised their over-allotment option and as of suchdate, 1,100,000 founder shares were no longer subject to forfeiture. The accompanying notes are an integral part of the unaudited condensed financial statements. HCM III ACQUISITION CORP.CONDENSED STATEMENT OF OPERATIONSFOR THE PERIOD FROM APRIL 15, 2025 (INCEPTION) THROUGH JUNE 30, 2025(UNAUDITED) Formation, general and administrative costs$47,545Loss from Operations(47,545)Net loss$(47,545)Basic and diluted weighted average ClassB ordinary shares outstanding(1)7,333,333Basic and diluted net loss per ClassB ordinary share$(0.01) (1)Excludes an aggregate of up to 1,100,000Class B ordinary shares subject to forfeiture if the over-allotment option is not exercisedby the underwriters in full (Note5). On August 4, 2025, the underwriters exercised their over-allotment option in full as part ofthe closing of the Initial Public Offering. As such, the 1,100,000 founder shares were no longer subject to forfeiture. The accompanying notes ar