Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD -0.13.

EBIT: As of FY2026 Q1, the actual value is USD -1.911 M.

HCM IV Acquisition Corp. operates as a single segment, with its Chief Executive Officer evaluating the company’s overall operating results to make resource allocation and performance assessment decisions .

Financial Performance (Three Months Ended March 31, 2026)

• Net Loss: HCM IV Acquisition Corp. reported a net loss of - $2,946,856 .
• Loss from Operations: The loss from operations was - $897,741 .
• General and Administrative Costs: These costs amounted to $897,741 .
• Advisory Fee Expense: The company incurred an advisory fee expense of - $3,062,500 .
• Interest Income: Interest earned on marketable securities held in the Trust Account was $1,011,298, and other interest income from a bank account was $2,087 .
• Other Expense, Net: Totaled - $2,049,115 .

Financial Position (As of March 31, 2026)

• Cash: The company held $1,023,362 in cash .
• Working Capital: A working capital surplus of $338,881 was reported .
• Cash and Marketable Securities in Trust Account: $288,511,298 was held in the Trust Account, including approximately $1,011,298 of interest income, primarily consisting of U.S. Treasury Bills .
• Total Assets: Total assets were $289,748,874 .
• Total Liabilities: Total liabilities amounted to $17,821,829 .
• Shareholders’ Deficit: The shareholders’ deficit was - $16,584,253 .

Cash Flow (Three Months Ended March 31, 2026)

• Net Cash Used in Operating Activities: Net cash used in operating activities was - $255,222, primarily influenced by the net loss, interest earned on trust account investments, and changes in operating assets and liabilities .
• Net Cash Used in Investing Activities: Net cash used in investing activities was - $287,500,000, mainly due to the investment of cash in the Trust Account .
• Net Cash Provided by Financing Activities: Net cash provided by financing activities was $288,778,584, including proceeds from the sale of Units (net of underwriting discounts paid) of $282,500,000 and proceeds from the sale of Private Placement Warrants of $7,000,000 .

Transaction Details

• Initial Public Offering (IPO): On February 13, 2026, the company consummated its IPO, selling 28,750,000 Units at $10.00 per Unit, generating gross proceeds of $287,500,000 .
• Private Placement Warrants: Simultaneously, 4,666,667 Private Placement Warrants were sold at $1.50 each, generating gross proceeds of $7,000,000 .
• Total Transaction Costs: Total transaction costs amounted to $19,591,443, including $5,000,000 in cash underwriting fees, $13,687,500 in deferred underwriting fees, and $903,943 in other offering costs .

Outlook and Strategy

HCM IV Acquisition Corp. is a blank check company focused on effecting a business combination and does not anticipate generating operating revenues until after its initial business combination is complete . The company expects non-operating income from interest and/or dividend income on investments held in the Trust Account . Funds within the Trust Account are intended for completing the business combination, while funds outside the Trust Account will be used for identifying target businesses, conducting due diligence, and negotiating a business combination .