HSPO extends business combination deadline to March 27, 2025 via $120K trust deposit

Horizon Space Acquisition I Corp.

Sponsor deposited $120K Monthly Extension Fee on Feb 25, extending deadline from Feb 27 to Mar 27, 2025.
Fee funded by target Squirrel HK via a zero-interest $120K promissory note dated Feb 26, 2025.
Note payable upon business combination or expiry of SPAC term; no recourse to trust account funds.
Business Combination Agreement with Squirrel companies remains in effect (signed Sep 16, 2024).

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