secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001929980-26-000021
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Space Acquisition I issues $500K unsecured note to sponsor for working capital
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- Unsecured promissory note for $500,000 issued to Horizon Space Acquisition I Sponsor Corp. on Jan 26, 2026.
- Note bears no interest; principal due upon business combination or expiration of company term.
- Sponsor may convert outstanding principal into private units at $10.00 per unit at least 2 days before business combination.
- Proceeds used for general working capital; note repayable only from non-trust account funds if no business combination.
- Conversion yields units consisting of one ordinary share, one warrant, and one right to one-tenth of a share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998026000021/0001929980-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998026000021/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-26-000021

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