other material
confidence high
sentiment neutral
materiality 0.50
Horizon Space Acquisition I extends deadline to Nov 27, 2024 via $60K promissory note from Squirrel
Horizon Space Acquisition I Corp.
- $60,000 deposited into trust account on Oct 23, 2024, extending business combination deadline from Oct 27 to Nov 27, 2024.
- Payment made by Shenzhen Squirrel pursuant to Business Combination Agreement dated Sep 16, 2024.
- HSPO issued unsecured non-interest-bearing promissory note for $60K to Shenzhen Squirrel, payable upon business combination or expiry of term.
- Note includes standard default provisions; payee waives claim to trust account funds if no business combination.
- Extension enables continued pursuit of merger with Squirrel Enlivened Technology.