Horizon Space SPAC to merge with Squirrel Enlivened in $200M deal

Horizon Space Acquisition I Corp.

Deal valued at $200M; each Squirrel HoldCo share converts into Parent shares at $10/share implied price.
Target: Squirrel Enlivened, a China-based brand marketing and strategy consulting firm.
Sponsor agrees to vote for deal, waive redemption rights, and lock-up shares for up to 6 months.
Up to $50M in transaction financing sought; closing requires Nasdaq listing and CSRC approval.
Closing conditions include HSPO shareholder vote and SEC effectiveness of F-4 registration statement.

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