---
schema_version: "secwatch.filing_event.v1"
accession: "0001929980-24-000021"
form_type: "8-K"
ticker: "HSPOF"
cik: "0001946021"
company_name: "Horizon Space Acquisition I Corp."
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:44:10.767555+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Horizon Space Acquisition I extends deadline to Feb 27, 2024 with $70K deposit; issues convertible note to target

## Summary
- Deposited $70,000 into trust account to extend business combination deadline from Jan 27 to Feb 27, 2024.
- Issued $70,000 unsecured promissory note to Shenzhen Squirrel Enlivened Media Group; bears no interest.
- Note convertible into private units at $10/unit upon business combination; units consist of share, warrant, right.
- Repayment from non-trust funds if no business combination; payee waives claims on trust account.
- Company still has no definitive agreement; extension funded by potential merger target per existing LOI.

## SEC filing metadata
- accession: 0001929980-24-000021
- form_type: 8-K
- ticker: HSPOF
- cik: 0001946021
- company_name: Horizon Space Acquisition I Corp.
- filed_at: 2024-01-26T23:59:59+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/1946021/000192998024000021/0001929980-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946021/000192998024000021/hspo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001929980-24-000021
- JSON: https://secwatch.observer/filing/0001929980-24-000021.json
- Plain text: https://secwatch.observer/filing/0001929980-24-000021.txt

## Key facts
- Debt Financings
  Horizon Space Acquisition I Corp. incurred loan of $70,000 with Shenzhen Squirrel Enlivened Media Group Co. Ltd (the Target) at no interest maturing 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 (the Target)
  - Rate: no interest
  - Maturity: 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: The Company 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 January 23, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1946021/000192998024000021/0001929980-24-000021-index.htm

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