secwatch.observer — SEC 8-K summary
======================================

Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001929980-24-000650
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000650/0001929980-24-000650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998024000650/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-24-000650

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer