secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001929980-24-000240
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 I SPAC extends deadline to June 27; target funds extension with $60K note
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- $60,000 deposited into trust to extend business-combination deadline from May 27 to June 27, 2024.
- Extension funded by target Shenzhen Squirrel Enlivened Media Group via an unsecured promissory note.
- Note is interest-free, convertible into SPAC units at $10/unit upon completion of a business combination.
- No definitive business-combination agreement has been reached; the existing LOI remains non-binding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000240/0001929980-24-000240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000240/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-24-000240

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