other_material
confidence high
sentiment neutral
materiality 0.30
HSPO extends completion deadline to July 27, 2025; issues $120K note to Squirrel Shenzhen
Horizon Space Acquisition I Corp.
- Extension from June 27 to July 27, 2025 funded by $120k deposit from Shenzhen Squirrel Enlivened Media Group into trust account.
- HSPO issued $120k unsecured promissory note to Squirrel Shenzhen, bearing no interest, payable upon business combination or expiry.
- Proposed business combination with Squirrel HoldCo under September 2024 Agreement remains pending.
- Sponsor may extend up to six one-month periods to December 27, 2025 with additional monthly deposits.
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