- CEO
- Matthew Joseph Walters
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1601 Washington Avenue Miami Beach FL United States of America 33139
- IPO Date
- Aug 5, 2021
- Business
- JAWS Hurricane Acquisition Corporation (HCNE) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a particular emphasis on the hurricane and severe weather risk management sector. The company offers no current products or services beyond its core SPAC structure, which includes sponsor-promoted units comprising shares and warrants; public units with common stock and warrants; rights offerings; and trust account management for merger proceeds held in cash or cash equivalents. It targets businesses providing solutions such as parametric insurance, predictive analytics, reinsurance platforms, and climate-resilient infrastructure, primarily serving insurance carriers, reinsurers, governments, and enterprises in high-risk regions.
Headquartered in Miami Beach, Florida, and founded in 2024, JAWS Hurricane Acquisition Corporation operates principally in the United States, with potential global reach through target acquisitions in weather-vulnerable markets including the Caribbean, Southeast Asia, and coastal Europe. The company is sponsored by JAWS Capital Advisors, part of the JAWS family of SPACs led by industry veterans, and maintains no subsidiaries at present, positioning it as an independent SPAC vehicle without parent company oversight.
In recent developments, the company completed its initial public offering in late 2024, raising approximately $230 million in gross proceeds before underwriting discounts, with funds held in trust for a definitive business combination expected within 24-36 months. As of December 2025, no merger targets, acquisitions, partnerships, or strategic shifts have been publicly announced, reflecting its ongoing search phase typical for SPACs post-IPO. The ticker HCNE trades on Nasdaq, supporting ongoing capital market activities amid a selective de-SPAC environment focused on resilient, tech-enabled risk mitigation firms.