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

Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2025-03-28T23:59:59+00:00
Accession:  0001929980-25-000178
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HSPO extends business combination deadline to April 27, 2025 via $120k note from Squirrel HK
--------------------------------------------------------------------------------

- Deposited $120,000 into trust account to extend deadline one month from March 27 to April 27, 2025.
- Payment made by Squirrel HK, an affiliate of the target, under the September 2024 Business Combination Agreement.
- Issued non-interest-bearing promissory note of $120,000 to Squirrel HK, due upon closing or term expiry.
- Note is repayable only from non-trust assets if business combination not consummated; trust funds waived.
- Up to nine additional monthly extensions are available, extending deadline to December 27, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998025000178/0001929980-25-000178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998025000178/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-25-000178

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