other material
confidence high
sentiment neutral
materiality 0.45
SPAC HSPO extends business combination deadline to Dec 27 with $60K deposit by Squirrel HK
Horizon Space Acquisition I Corp.
- Squirrel HK deposited $60,000 into trust to extend deadline from Nov 27 to Dec 27, 2024.
- HSPO issued a $60,000 unsecured non-interest promissory note to Squirrel HK for the extension fee.
- Note payable upon business combination or term expiry; no recourse to trust account if deal fails.
- Extension preserves ability to complete previously announced merger with Squirrel HoldCo.