---
schema_version: "secwatch.filing_event.v1"
accession: "0001929980-23-000288"
form_type: "8-K"
ticker: "HSPOF"
cik: "0001946021"
company_name: "Horizon Space Acquisition I Corp."
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:23:51.677007+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Horizon Space SPAC extends deadline to Dec 27, 2023; target funds $70K extension

## Summary
- Trust account extended one month to Dec 27, 2023 via $70,000 deposit by Shenzhen Squirrel Enlivened Media Group.
- Company issued a $70,000 convertible promissory note to the target; note converts into units at $10/unit upon business combination.
- Extension funded by target under non-binding LOI; no definitive agreement yet for business combination.
- Note is unregistered, bears no interest, and matures at business combination or SPAC termination.

## SEC filing metadata
- accession: 0001929980-23-000288
- form_type: 8-K
- ticker: HSPOF
- cik: 0001946021
- company_name: Horizon Space Acquisition I Corp.
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946021/000192998023000288/0001929980-23-000288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946021/000192998023000288/hspo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001929980-23-000288
- JSON: https://secwatch.observer/filing/0001929980-23-000288.json
- Plain text: https://secwatch.observer/filing/0001929980-23-000288.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 earlier of business combination or expiry of company term.
  - Instrument: loan
  - Principal: $70,000
  - Counterparty: Shenzhen Squirrel Enlivened Media Group Co. Ltd
  - Rate: no interest
  - Maturity: earlier of business combination or expiry of company term
  - Event: incurrence
  source text: The Company has issued an unsecured promissory note in the aggregate principal amount of $70,000 (the “ Note ”) to the Target in connection with the payment of the Monthly Extension Fee on November 21, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998023000288/0001929980-23-000288-index.htm

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