Raycast hitInfo position placement not relative to Pivot Point.

So I'm making a script where you can hold "F" to make a transparent object appear where you are pointing on a 3D plane (Using a Raycast), and then when you press MB1 it'll place your object in hand where that transparent object is.

Now, I managed to make most of that work, except that when it goes to position the Cube it always has half of the cube in the ground. I've figured that t$$anonymous$$s was it's attempt to connect the Cubes Pivot Point to the Raycast position, and when I've changed the pivot point in blender to the cubes bottom-face It hadn't fixed anyt$$anonymous$$ng, It was still centre in the ground.

Mimic is the name of the transparent object. Item is the name of the object being held

Here's the code:

 if (equipped)
     {
         placing = true;
         if (!isMimic)
         {
             isMimic = true;
             Mimic = GameObject.Instantiate(Item);
             Mimic.name = "PlacementMimic";
             Mimic.GetComponent<Renderer>().material = mimicMaterial;
             Destroy(Mimic.GetComponent<Collider>());
         }
         if (Mimic)
         {
             Mimic.transform.localScale = Scale;
             Ray ObjectRay = Camera.main.ScreenPointToRay(Input.mousePosition);
             RaycastHit $$anonymous$$tInfo;
             if (Physics.Raycast(ObjectRay, out $$anonymous$$tInfo))
             {
                 Mimic.transform.position = $$anonymous$$tInfo.point;
                 Mimic.transform.rotation = Quaternion.FromToRotation(Vector3.up, $$anonymous$$tInfo.normal);
             }
         }
     }

I'm still fairly newbie in Unity, so if it's some obvious error please go easy on me. Thanks in advance.