# EDGAR Filing Document

**Accession Number:** 0002069856
**File Stem:** 0000000000-25-007708
**Filing Date:** 2025-7
**Character Count:** 4163
**Document Hash:** 25c55dbdc3464bad2c45f06c428c9f4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-007708.hdr.sgml**: 20250922

**ACCESSION NUMBER**: 0000000000-25-007708

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250722

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HCM III ACQUISITION CORP.
- **CENTRAL INDEX KEY:** 0002069856
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 981854444
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 333-287841

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FIRST STAMFORD PLACE, #330
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 03902
- **BUSINESS PHONE:** 203-930-2200

**MAIL ADDRESS:**
- **STREET 1:** 100 FIRST STAMFORD PLACE, #330
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 03902
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-25-052085

## Text-Extract

```

                                                             July 22, 2025

Shawn Matthews
Chief Executive Officer
HCM III Acquisition Corp.
100 First Stamford Place, Suite 330
Stamford, CT 06902

       Re: HCM III Acquisition Corp.
           Amendment No. 1 to Registration Statement on Form S-1
           Filed July 11, 2025
           File No. 333-287841
Dear Shawn Matthews:

     We have reviewed your amended registration statement and have the
following
comments.

        Please respond to this letter by amending your registration statement
and providing
the requested information. If you do not believe a comment applies to your
facts and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response.

       After reviewing any amendment to your registration statement and the
information
you provide in response to this letter, we may have additional comments. Unless
we note
otherwise, any references to prior comments are to comments in our July 3,
2025, letter.

Amendment No. 1 to Registration Statement on Form S-1
Cover Page

1.     We note your response to prior comment 1. Please revise your disclosure
in paragraph
       7 to clarify that the cashless exercise of the private warrants may
result in material
       dilution to your public stockholders. Please refer to Item 1602(a)(3) of
Regulation S-
       K.
Exhibits

2.     Please revise Exhibit 5.1 to cover the full number of units, ordinary
shares and
       warrants being registered in this offering. In this regard we note the
opinion references
       up to 23.5 million units, including the overallotment. The cover page
reflects 22
       million units and up to 3.3 million to cover overallotments, for a total
of 25.3 million
 July 22, 2025
Page 2

       units. Please also revise to remove the assumption that "all such
documents have been
       duly authorized by all requisite action, corporate or other" or explain.
3.     Please revise Exhibit 5.2 to also include the ordinary shares underlying
the warrants,
       which are being registered in this offering. Please also remove
assumptions 2.10 and
       2.12, which appear to be facts readily ascertainable and appear to
assume away part of
       the opinion. Please also remove from the Director's Certificate,
attached to the legality
       opinion, certifications 3 and 4, as such certifications appear to go to
the underlying
       opinion.
General

4.     Please provide an updated auditors' consent within your next filing.
       Please contact Eric McPhee at 202-551-3693 or Wilson Lee at 202-551-3468
if you
have questions regarding comments on the financial statements and related
matters. Please
contact Stacie Gorman at 202-551-3585 or Pam Howell at 202-551-3357 with any
other
questions.

                                                             Sincerely,

                                                             Division of
Corporation Finance
                                                             Office of Real
Estate & Construction
cc:   Kevin E. Manz, Esq.

```

### Attached PDF Documents

**Attachment 1:** `filename1`

_No text found in this document._