secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Space Acquisition I Corp. (HSPOF)
CIK:        0001946021
Form:       8-K
Filed at:   2026-07-21T20:20:52+00:00
Accession:  0001929980-26-000372
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Space Acquisition I issues $500K promissory note to sponsor for working capital
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- Unsecured promissory note of $500,000 issued to sponsor Horizon Space Acquisition I Sponsor Corp. on July 20, 2026.
- Note bears no interest; principal due upon consummation of business combination or expiry of the SPAC term.
- Proceeds used for general working capital until initial business combination is completed.
- Sponsor may convert note into private units at $10/unit (each unit: one ordinary share, one warrant, one right).
- If no business combination, note is repayable only from funds outside the trust account.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946021/000192998026000372/0001929980-26-000372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946021/000192998026000372/hspo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-26-000372

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