Horizon Space SPAC revises monthly extension fee to $120K; shareholder vote set for Dec 20

Horizon Space Acquisition I Corp.

If approved, the SPAC can extend to Dec 27, 2025 via up to 12 one-month extensions.
Each monthly extension now requires $120,000 deposit (previously $60,000 or $0.04/share).
Failure to deposit by 27th of each month grants trustee right to force liquidation within two weeks.
Company will not use trust proceeds for dissolution expenses; $100K interest cap removed for that purpose.

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