{"schema_version":"secwatch.filing_event.v1","accession":"0001929980-26-000053","form_type":"8-K","ticker":"HSPT","cik":"0002032950","company_name":"Horizon Space Acquisition II Corp.","filed_at":"2026-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.061342+00:00","generated_at":"2026-05-16T00:55:53.765998+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Horizon Space II extends deadline to March 18, 2026 with $50K deposit; over 6.7M shares redeemed","bullets":["William Wang deposited $50,000 extension fee into trust for one-month extension to March 18, 2026; up to 12 monthly extensions available.","Company issued $50,000 promissory note to William Wang, convertible into units at $10 per unit upon business combination.","2,012,378 public shares redeemed in connection with business combination proposals; 4,709,337 shares redeemed for extension proposals.","Extension allows SPAC to continue pursuing its previously announced business combination with SL Bio Ltd.","Shareholders approved charter amendment to permit extensions and trust amendments at February 13, 2026 meeting."],"urls":{"canonical":"https://secwatch.observer/filing/0001929980-26-000053","json":"https://secwatch.observer/filing/0001929980-26-000053.json","markdown":"https://secwatch.observer/filing/0001929980-26-000053.md","text":"https://secwatch.observer/filing/0001929980-26-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/hspt_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:55:53.765998+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91e1f737a29613bf796747ce64b9ebd4d0ff787f","claim":"Horizon Space Acquisition II Corp. incurred debt of $50,000 with William Wang at no interest maturing earlier of business combination or expiry of Company term (Maturity Date).","evidence_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","confidence":0.95}],"comparable_filings":[{"accession":"0001140361-26-018597","ticker":"PS","company_name":"PERSHING SQUARE INC.","filed_at":"2026-05-01T23:59:59+00:00","headline":"Pershing Square Inc. completes IPO and private placement; enters $350M credit facility","event_type":"other_material","sec_items":["1.01","2.03","3.02","8.01","5.02","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 3.02, 8.01, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-018597","json":"https://secwatch.observer/filing/0001140361-26-018597.json","markdown":"https://secwatch.observer/filing/0001140361-26-018597.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2026053/000114036126018597/0001140361-26-018597-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2026053/000114036126018597/ny20040230x31_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"on April 30, 2026, the Company and a syndicate of banks, led by Bank of America, N.A., as administrative agent, entered into a credit agreement (the “ Credit Agreement ”). The Credit Agreement consists of (i) a senior secured revolving credit facility (the “ Revolving Facility ”) in an aggregate principal amount of $250,000,000 and (ii) a senior secured term loan facility in an aggregate principal amount of $100,000,000","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2026053/000114036126018597/0001140361-26-018597-index.htm"}},{"accession":"0001467623-26-000040","ticker":"DBX","company_name":"DROPBOX, INC.","filed_at":"2026-06-01T13:06:23+00:00","headline":"Dropbox secures $400M revolving credit facility, authorizes $900M share repurchase program","event_type":"other_material","sec_items":["1.01","2.03","7.01","8.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 8.01, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001467623-26-000040","json":"https://secwatch.observer/filing/0001467623-26-000040.json","markdown":"https://secwatch.observer/filing/0001467623-26-000040.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1467623/000146762326000040/0001467623-26-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1467623/000146762326000040/dbx-20260601.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"Agent and Collateral Agent, the “Agent”) and Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger, providing the Company with up to $400 million in borrowing capacity (the loans thereunder, the “Revolving Loans”), including a $65.0 million sublimit for the issuance of letters of credit and a $15.0 million sublimit for","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1467623/000146762326000040/0001467623-26-000040-index.htm"}},{"accession":"0001104659-26-068595","ticker":"ZSPC","company_name":"zSpace, Inc.","filed_at":"2026-06-01T12:00:56+00:00","headline":"zSpace restructures $12M debt via equity conversion; creates Series P-2 preferred","event_type":"other_material","sec_items":["1.01","1.02","2.03","3.02","5.03","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-068595","json":"https://secwatch.observer/filing/0001104659-26-068595.json","markdown":"https://secwatch.observer/filing/0001104659-26-068595.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926068595/0001104659-26-068595-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926068595/tm2616116d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"Simultaneously, the Second Note (as reduced by the converted amounts described above) was amended effective as of the Closing Date (as so amended, the “Amended Note”). Under the Amended Note, 3i will be subject to a nine (9)-month conversion moratorium during which it may not exercise any conversion right. Commencing on the date that is nine (9) months after the Closing Date, the Company will be obligated to repay the Amended Note in nine (9) equal consecutive monthly installments of combined principal, interest and Make-Whole Amounts (as defined in the Amended Note), with the final installment due eighteen (18) months after the Closing Date.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926068595/0001104659-26-068595-index.htm"}},{"accession":"0001104659-26-068521","ticker":"FDXF","company_name":"FedEx Freight Holding Company, Inc.","filed_at":"2026-06-01T10:46:03+00:00","headline":"FedEx Freight completes spin-off from FedEx; $600M drawn, new board and executives appointed","event_type":"other_material","sec_items":["1.01","2.03","3.03","5.03","5.01","5.02","5.05","8.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 8.01, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-068521","json":"https://secwatch.observer/filing/0001104659-26-068521.json","markdown":"https://secwatch.observer/filing/0001104659-26-068521.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2082247/000110465926068521/0001104659-26-068521-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2082247/000110465926068521/tm2615735d2_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"On May 27, 2026, the Company drew down the full $600 million available under the Term Loan Facility.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2082247/000110465926068521/0001104659-26-068521-index.htm"}},{"accession":"0001213900-26-062908","ticker":"VTIX","company_name":"Virtuix Holdings Inc.","filed_at":"2026-05-29T21:00:16+00:00","headline":"Virtuix wins Air Force SBIR Phase I, expands into neurodivergent therapy, restructures debt with Streeterville","event_type":"other_material","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 8.01, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-062908","json":"https://secwatch.observer/filing/0001213900-26-062908.json","markdown":"https://secwatch.observer/filing/0001213900-26-062908.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606242/000121390026062908/0001213900-26-062908-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606242/000121390026062908/ea0291960-8k_virtuix.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"consummated the exchange of certain outstanding secured convertible promissory notes held by Streeterville (as described below, collectively, the “Prior Notes”) for a new Pre-Paid Purchase issued by the Company in the original principal amount of $3,471,923.00","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1606242/000121390026062908/0001213900-26-062908-index.htm"}},{"accession":"0001437749-26-014595","ticker":"TRCK","company_name":"Track Group, Inc.","filed_at":"2026-05-04T23:59:59+00:00","headline":"Track Group completes $10.3M PIPE and $21M term loan, reduces net debt 63%","event_type":"other_material","sec_items":["1.01","5.02","2.03","3.02","5.03","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-014595","json":"https://secwatch.observer/filing/0001437749-26-014595.json","markdown":"https://secwatch.observer/filing/0001437749-26-014595.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1045942/000143774926014595/0001437749-26-014595-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1045942/000143774926014595/trkg20260430_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"On April 30, 2026, the Company and certain subsidiaries of the Company (together with the Company, collectively, the “ Borrowers ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among the Borrowers, the lenders from time to time party thereto (the “ Lenders ”), and Chatham Capital Management, LLC, as administrative agent for the Lenders (the “ Administrative Agent ”). Pursuant to the Credit Agreement, the Lenders extended a credit facility in the maximum aggregate principal amount of $24.0 million, consisting of (a) a term loan (the “ Term Loan ”) in the principal amount of $21.0 million, which was funded in full on April 30, 2026, (b) a revolving line of credit in the principal amount of $2.0 million and (c) an interest line loan facility (the “ Interest Line Loan Facility ”) in the principal amount of $1.0 million.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1045942/000143774926014595/0001437749-26-014595-index.htm"}},{"accession":"0001213900-26-062902","ticker":"DAIC","company_name":"CID Holdco, Inc.","filed_at":"2026-05-29T20:52:26+00:00","headline":"CID HoldCo furloughs all employees, executives defer salaries; issues $287.5K convertible note at 20% OID","event_type":"other_material","sec_items":["2.03","3.02","5.02","8.01"],"materiality_score":0.9,"calibrated_materiality_score":0.9,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 3.02, 8.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-062902","json":"https://secwatch.observer/filing/0001213900-26-062902.json","markdown":"https://secwatch.observer/filing/0001213900-26-062902.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2033770/000121390026062902/0001213900-26-062902-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2033770/000121390026062902/ea0292819-8k_cidhold.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"On May 29, 2026, CID HoldCo, Inc. (the “Company”) completed the third closing (the “Second Required Subsequent Closing”) under that certain Note Purchase Agreement, dated April 17, 2026, by and between the Company and White Lion Capital, LLC, a Nevada limited liability company (the “Holder”), as amended by that certain Side Letter Agreement, dated May 7, 2026, by and between the Company and the Holder (collectively, the “Note Purchase Agreement”). In connection with the Second Required Subsequent Closing, the Company issued to the Holder a senior secured convertible promissory note (the “Note”) in the face amount of $287,500 for cash proceeds of $230,000, reflecting a 20% original issue discount, pursuant to the terms of the Note Purchase Agreement.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033770/000121390026062902/0001213900-26-062902-index.htm"}},{"accession":"0001213900-26-052884","ticker":"MSPR","company_name":"MSP Recovery, Inc.","filed_at":"2026-05-06T23:59:59+00:00","headline":"MSP Recovery secures $275K in discretionary advances from Hazel and Virage; appoints CRO amid liquidity strain","event_type":"other_material","sec_items":["1.01","2.03","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-052884","json":"https://secwatch.observer/filing/0001213900-26-052884.json","markdown":"https://secwatch.observer/filing/0001213900-26-052884.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/0001213900-26-052884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/ea0289507-8k_msprecovery.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On or about February 18, 2026, an aggregate of $50,000 of the Extension Fee was deposited into the Trust Account for the Company’s public shareholders (the “ Extension Payment ”) by Mr. William Wang (the “ Payee” ), which enables the Company to extend the period of time it has to consummate its initial business combination by one month from February 18, 2026 to March18, 2026 (the “ Extension ”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2032950/000192998026000053/0001929980-26-000053-index.htm","comparable_excerpt":"On May 1, 2026, MSP Recovery, Inc. (the “Company”), through its subsidiaries, entered into a letter agreement with Hazel Partners Holdings LLC (“Hazel”), in its capacity as administrative agent and lender under the Company’s existing working capital credit facility (the “Hazel Letter Agreement”) to provide $0.1 million to be used primarily for operating expenses.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/0001213900-26-052884-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}