secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001929980-25-000067
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Space Acquisition I Corp. issues $300K unsecured promissory note to sponsor for working capital
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- Principal $300,000, unsecured, non-interest bearing; due upon consummation of business combination or term expiry.
- Proceeds used for general working capital; sponsor may convert note into private units at $10.00 per unit.
- Note was issued as an unregistered sale of securities under Section 4(a)(2) of the Securities Act.
- Repayment limited to assets outside the trust account if no business combination occurs.
- Conversion rights include up to 30,000 units (each: one ordinary share, one warrant, one right) if fully converted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998025000067/0001929980-25-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998025000067/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-25-000067

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