HSPO extends merger deadline to Oct 27, 2024 via $60K deposit from target Shenzhen Squirrel

Horizon Space Acquisition I Corp.

Extension fee of $60,000 deposited into trust account on Sept 25, 2024; deadline extended from Sept 27 to Oct 27, 2024.
Fee paid by Shenzhen Squirrel (target in pending merger) under Business Combination Agreement dated Sept 16, 2024.
HSPO issued a $60,000 non-interest bearing promissory note to Shenzhen Squirrel, payable upon business combination or company expiry.
Note is unsecured and repayable only from funds outside trust if business combination is not consummated.

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