---
schema_version: "secwatch.filing_event.v1"
accession: "0001929980-23-000247"
form_type: "8-K"
ticker: "HSPOF"
cik: "0001946021"
company_name: "Horizon Space Acquisition I Corp."
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:15:57.396587+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Horizon Space Acquisition I extends deadline to Nov 27, 2023 via $70k deposit from target, issues convertible note

## Summary
- $70,000 deposited into trust account to extend business combination deadline from Oct 27 to Nov 27, 2023.
- Payment made by Shenzhen Squirrel Enlivened Media Group under non-binding LOI; company issued $70,000 unsecured promissory note to target.
- Note bears no interest, due at earlier of business combination or expiry; convertible into private units at $10 per unit.
- No definitive agreement signed; conversion rights are at payee's option upon closing of a business combination.
- Note issued under Section 4(a)(2) exemption from registration; units issuable upon conversion have transfer restrictions.

## SEC filing metadata
- accession: 0001929980-23-000247
- form_type: 8-K
- ticker: HSPOF
- cik: 0001946021
- company_name: Horizon Space Acquisition I Corp.
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946021/000192998023000247/0001929980-23-000247-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946021/000192998023000247/hspo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001929980-23-000247
- JSON: https://secwatch.observer/filing/0001929980-23-000247.json
- Plain text: https://secwatch.observer/filing/0001929980-23-000247.txt

## Key facts
- Debt Financings
  Horizon Space Acquisition I Corp. incurred loan of $70,000 with Shenzhen Squirrel Enlivened Media Group Co. Ltd at no interest maturing upon the earlier to occur of (i) the consummation of the Company’s business combination or (ii) the date of expiry of the term of the Company.
  - Instrument: loan
  - Principal: $70,000
  - Counterparty: Shenzhen Squirrel Enlivened Media Group Co. Ltd
  - Rate: no interest
  - Maturity: upon the earlier to occur of (i) the consummation of the Company’s business combination or (ii) the date of expiry of the term of the Company
  - Event: incurrence
  source text: On October 25, 2023, the Company issued an unsecured promissory note in the aggregate principal amount of $70,000 (the “ Note ”) to the Target to evidence the payment of the Monthly Extension Fee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998023000247/0001929980-23-000247-index.htm

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