---
schema_version: "secwatch.filing_event.v1"
accession: "0001929980-22-000073"
form_type: "8-K"
ticker: "HSPOF"
cik: "0001946021"
company_name: "Horizon Space Acquisition I Corp."
filed_at: "2022-12-28T23:59:59+00:00"
generated_at: "2026-06-20T22:37:54.544162+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Horizon Space Acquisition I Corp. closes $69M SPAC IPO, funds $70.2M trust, appoints three independent directors

## Summary
- IPO of 6,900,000 units at $10/unit for $69M gross proceeds; over-allotment fully exercised.
- Private sale of 385,750 units to sponsor for $3.86M; total $70.21M deposited in trust account.
- Angels Colon, Mark Singh, Rodolfo Jose Gonzalez Caceres appointed as independent directors; Colon named audit chair.
- 200,000 representative shares issued to underwriter as compensation; lock-up 180 days.
- Deadline for initial business combination: Sep 27, 2023 (or Mar 27, 2024 if extended).

## SEC filing metadata
- accession: 0001929980-22-000073
- form_type: 8-K
- ticker: HSPOF
- cik: 0001946021
- company_name: Horizon Space Acquisition I Corp.
- filed_at: 2022-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/hzac_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001929980-22-000073
- JSON: https://secwatch.observer/filing/0001929980-22-000073.json
- Plain text: https://secwatch.observer/filing/0001929980-22-000073.txt

## Key facts
- Executive change
  Mark Singh was appointed as Director at Horizon Space Acquisition I Corp..
  - Action: became
  - Role: Director
  source text: Effective December 21, 2022, in connection with the effectiveness of the Registration Statement, Messrs. Messrs. Angel Colon, Mark Singh and Rodolfo Jose Gonzalez Caceres became directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Executive change
  Angel Colon was appointed as Director at Horizon Space Acquisition I Corp..
  - Action: became
  - Role: Director
  source text: Effective December 21, 2022, in connection with the effectiveness of the Registration Statement, Messrs. Messrs. Angel Colon, Mark Singh and Rodolfo Jose Gonzalez Caceres became directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Executive change
  Rodolfo Jose Gonzalez Caceres was appointed as Director at Horizon Space Acquisition I Corp..
  - Action: became
  - Role: Director
  source text: Effective December 21, 2022, in connection with the effectiveness of the Registration Statement, Messrs. Messrs. Angel Colon, Mark Singh and Rodolfo Jose Gonzalez Caceres became directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Governance Changes
  Horizon Space Acquisition I Corp.: Adopted and filed Amended and Restated Memorandum and Articles of Association (effective 2022-12-20).
  - Change: charter amendment
  - Effective: 2022-12-20
  source text: On December 20, 2022, the Company adopted and filed its Amended and Restated Memorandum and Articles of Association.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Material Agreements
  Horizon Space Acquisition I Corp. entered into Rights Agreement with Continental Stock Transfer & Trust Company (effective 2022-12-21).
  - Action: entry
  - Counterparty: Continental Stock Transfer & Trust Company
  - Effective: 2022-12-21
  source text: ● a Warrant Agreement, dated December 21, 2022, between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent; ● a Rights Agreement, dated December 21, 2022, between the Company and CST, as rights agent; ● a Private Units Purchase Agreement, dated December 21, 2022, between the Company and the Sponsor; ● a Securities Transfer Agreement, dated September 12, 2022, among the Company, the Sponsor and certain directors of the Company; ● an Investment Management Trust Agreement, dated December 21, 2022, between the Company and CST, as trustee; 2 ● an Escrow Agreement, dated December 21, 2022, among the Company, CST, and certain shareholders named therein; ● a Registration Rights Agreement, dated December 21, 2022, between the Company, the Sponsor and certain other security holders of the Company; ● a Letter Agreement, dated December 21, 2022, between the Company,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Material Agreements
  Horizon Space Acquisition I Corp. entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2022-12-21).
  - Action: entry
  - Counterparty: Continental Stock Transfer & Trust Company
  - Effective: 2022-12-21
  source text: ● a Warrant Agreement, dated December 21, 2022, between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent; ● a Rights Agreement, dated December 21, 2022, between the Company and CST, as rights agent; ● a Private Units Purchase Agreement, dated December 21, 2022, between the Company and the Sponsor; ● a Securities Transfer Agreement, dated September 12, 2022, among the Company, the Sponsor and certain directors of the Company; ● an Investment Management Trust Agreement, dated December 21, 2022, between the Company and CST, as trustee; 2 ● an Escrow Agreement, dated December 21, 2022, among the Company, CST, and certain shareholders named therein; ● a Registration Rights Agreement, dated December 21, 2022, between the Company, the Sponsor and certain other security holders of the Company; ● a Letter Agreement, dated December 21, 2022, between the Company,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Material Agreements
  Horizon Space Acquisition I Corp. entered into Underwriting Agreement with Network 1 Financial Securities, Inc. (effective 2022-12-21).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Network 1 Financial Securities, Inc.
  - Effective: 2022-12-21
  source text: an Underwriting Agreement, dated December 21, 2022, between the Company and Network 1 Financial Securities, Inc., the representative of the underwriters of the IPO (the “Representative”);
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Material Agreements
  Horizon Space Acquisition I Corp. entered into Private Units Purchase Agreement with Horizon Space Acquisition I Sponsor Corp. valued at $3,875,500 (effective 2022-12-21).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Horizon Space Acquisition I Sponsor Corp.
  - Value: $3,875,500
  - Effective: 2022-12-21
  source text: Substantially concurrently with the closing of the IPO, the Company completed the private sale of 385,750 units (the “Private Units”) to the Company’s sponsor, Horizon Space Acquisition I Sponsor Corp. (the “Sponsor”). Each Private Unit consists of one Ordinary Share, one Warrant (the “Private Warrants”), and one Right (the “Private Rights”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm
- Material Agreements
  Horizon Space Acquisition I Corp. entered into Warrant Agreement with Continental Stock Transfer & Trust Company (effective 2022-12-21).
  - Action: entry
  - Counterparty: Continental Stock Transfer & Trust Company
  - Effective: 2022-12-21
  source text: a Warrant Agreement, dated December 21, 2022, between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998022000073/0001929980-22-000073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.