other material
confidence high
sentiment neutral
materiality 0.50
Horizon Space revises monthly extension fee to up to $60K for each one-month delay
Horizon Space Acquisition I Corp.
- Extraordinary general meeting on March 22, 2024 to vote on charter amendment for extension up to Dec 27, 2024 with up to nine monthly extensions.
- Revised extension fee: lesser of $60,000 for all remaining public shares or $0.035 per share (was $45,000 / $0.033).
- If approved, first extension fee due by March 27, 2024; subsequent on 27th of each month.
- Other proposals unchanged; no change to record date of Feb 9, 2024.