HVMC · NASDAQ · Shell Companies

Highview Merger Class A (HVMC)

SPAC seeking an established North American or Western European business combination.

$10.26
At close−0.03 (−0.29%)
Loading prices…

Highview Merger Corp. Class A Ordinary ShareHVMCFinancials

Searches for a single business combination, using trust-backed public capital to acquire an established middle-market business in North America or Western Europe. As a pre-combination SPAC, it has no operating revenue or customers; its future business depends on closing a qualifying transaction.

Searches for an initial business combination through a merger, share exchange, asset acquisition, share purchase, reorganization, or similar transaction. The shell company has no products, customers, operating revenue, reportable segments, or full-time employees; its public trust funds the search and may be used in a combination or redemption.

Focuses on established middle-market businesses in North America or Western Europe, including private-equity-owned companies, privately held businesses, and corporate divisions seeking liquidity or public-market capital. Its sponsor-led team sources, evaluates, negotiates, and finances a transaction.

Completion depends on a qualifying deal, shareholder approval and redemptions, potential financing, and compliance with Nasdaq, U.S. securities, Cayman Islands, and Investment Company Act requirements. Public shareholders may redeem Class A shares in connection with a proposed combination.

Company facts

CEODavid Boris
ListedOct 2, 2025
ExchangeNASDAQ
HeadquartersDelray Beach, FL
CountryUnited States
Employees2
CIK0002070602
ISINKYG4569C1015

Market cap$301.7M
EPS (ttm)$0.2629
P/E (ttm)39.03
ROE4.0%
P/B0.8211
P/S0.00
Dividend yieldDiv yield
Beta0.02vs XLF 0.00

No analyst consensus on record.

Not reported.

Debt to equity0.00%
Current ratio198.50%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0
Net income−$46.8K$988.2K$2.2M$1.7M$1.9M
Net margin

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$46.8K−$168.3K−$246.9K−$288.6K−$232.8K
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $646.3K · Total debt $0 · Total assets $238.5M · Shareholders' equity $228.9M

Revenue
$0
Operating income
−$232.8K
Net income
$1.9M
View details

No dividends on record.

Institutions56 holders · as of Mar 31, 2026≥ 72.10%21.20M shares
Strategic holders1 holder · as of Aug 13, 202520.82%6.12M shares
Otherremainder≤ 7.08%2.08M shares

29.41M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Institutional filings for HVMCW, HVMCW (100% of the company) are not on file here, so the institutional figure is a floor.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Highview Sponsor Co., LLC1Strategicdirector, 10 percent owner, other: *Director by Deputization
20.82%372,500 A13Dfiled Aug 13, 2025
Adage Capital Partners GP, L.L.C.Institution
6.12%1.80M A13Fas of Mar 31, 2026
Adage Capital Management, L.P.Institution
6.12%1.80M13Gfiled Nov 13, 2025
AQR Capital Management, LLCInstitution
4.31%1.27M13Gfiled Nov 13, 2025
Alberta Investment Management CorpInstitution
4.25%1.25M A13Fas of Mar 31, 2026
See all 25
  1. The filed share classes (A, B) could not be matched to the company's, so no percentage.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.