secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001929980-25-000102
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998025000102/0001929980-25-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998025000102/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-25-000102

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