secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2024-08-26T23:59:59+00:00
Accession:  0001929980-24-000379
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 extends deadline to Sep 27; target deposits $60k, receives convertible note
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- Deposited $60k into trust account to extend deadline from Aug 27 to Sep 27, 2024; funded by target Shenzhen Squirrel Enlivened Media.
- Issued $60k unsecured promissory note to target, no interest, due upon business combination or expiry of the company's term.
- Note convertible into units (share + warrant + right) at $10 per unit upon any future business combination.
- Non-binding LOI with target remains in place; no definitive agreement has been reached for a business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000379/0001929980-24-000379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000379/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-24-000379

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