Horizon Space Acquisition II Corp. (HSPT): debt financing — Horizon Space Acquisition II extends deadline to May 18, 2026 with $50K sponsor deposit

Horizon Space Acquisition II Corp.

Sponsor deposited $50,000 into trust account for third one-month extension to May 18, 2026.
Company issued $50,000 unsecured promissory note to sponsor, bearing no interest, due at business combination or term expiry.
Note convertible into private units at $10 per unit upon business combination; proceeds used for extension payment.
Maximum possible extension is to February 18, 2027 with up to twelve monthly extensions.

item 1.01 item 2.03 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Horizon Space Acquisition II Corp. incurred loan of $50,000 with Horizon Space Acquisition II Sponsor Corp..

Instrument: loan
Principal: $50,000
Counterparty: Horizon Space Acquisition II Sponsor Corp.
Event: incurrence

Exact text from the filing

In connection with the Extension Payment, on April 20, 2026, the Company issued an unsecured promissory note of $50,000 (the “ Note ”) to the Payee.

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Source: SEC EDGAR

accession 0001929980-26-000176

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