Role closed but hiring manager is still open to speak to me

I cold emailed the hiring manager after applying for a role on his team. He responded a couple days later telling me that he already filled the role but is open to speaking to me.

I’m supposed to talk to him in 3 days but I’m wondering how I should be preparing for this call/ how I should perceive this call with him?

This is for a mid-level research role on the sell-side.

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