secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001929980-24-000042
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Space extends BC deadline to March 27, 2024 with $70K deposit from target
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- Company extended deadline to March 27, 2024 by depositing $70,000 into trust account from target Shenzhen Squirrel Enlivened Media Group.
- Issued $70,000 unsecured promissory note to target, convertible into units at $10 per unit upon completion of a business combination.
- No definitive business combination agreement has been signed; LOI with target remains non-binding.
- Conversion right allows target to convert note into private units (1 share + 1 warrant + 1 right per unit).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000042/0001929980-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000042/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-24-000042

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