secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2023-11-22T23:59:59+00:00
Accession:  0001929980-23-000288
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998023000288/0001929980-23-000288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998023000288/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-23-000288

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer