other material
confidence high
sentiment neutral
materiality 0.40
Horizon Space Acquisition II Corp. (HSPT): debt financing — Horizon Space Acquisition II extends deadline to Feb 18, 2026 via $690k deposit and promissory note
Horizon Space Acquisition II Corp.
- Company extended initial business combination deadline by three months to February 18, 2026.
- Designee Hsiao-Lan Wu deposited $690,000 into trust account for the extension.
- Company issued a $690k unsecured promissory note to Hsiao-Lan Wu, bearing no interest.
- Note convertible into private units at $10/unit upon consummation of a business combination.
- Extension is the first of two permitted three-month extensions under the company's charter.