Horizon Space Acquisition II Corp. Files 2024 10-K
Ticker: HSPTU · Form: 10-K · Filed: Mar 27, 2025 · CIK: 2032950
Sentiment: neutral
Topics: spac, 10-k, financials
TL;DR
HSII filed its 2024 10-K. Assets $2.18M, Liabilities $1.73M. SPAC life continues.
AI Summary
Horizon Space Acquisition II Corp. filed its 10-K for the fiscal year ending December 31, 2024. The company, a blank check entity, reported total assets of $2,180,000 and total liabilities of $1,725,000. The filing also details various corporate actions and director appointments, including those related to its sponsor and independent directors.
Why It Matters
This filing provides a financial snapshot and corporate governance details for Horizon Space Acquisition II Corp., a special purpose acquisition company (SPAC), which is crucial for investors tracking its progress towards a business combination.
Risk Assessment
Risk Level: medium — As a SPAC, Horizon Space Acquisition II Corp. faces inherent risks related to its ability to identify and complete a business combination within its specified timeframe.
Key Numbers
- $2.18M — Total Assets (As of December 31, 2024)
- $1.73M — Total Liabilities (As of December 31, 2024)
- 490,000,000 — Shares Outstanding (Indicates potential dilution or market capitalization basis)
Key Players & Entities
- Horizon Space Acquisition II Corp. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- $2,180,000 (dollar_amount) — Total assets
- $1,725,000 (dollar_amount) — Total liabilities
- 001-42406 (company) — SEC File Number
FAQ
What is the primary business of Horizon Space Acquisition II Corp.?
Horizon Space Acquisition II Corp. is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
What were the total assets and liabilities of Horizon Space Acquisition II Corp. as of December 31, 2024?
As of December 31, 2024, Horizon Space Acquisition II Corp. reported total assets of $2,180,000 and total liabilities of $1,725,000.
When was the filing period for this 10-K report?
The Conformed Period of Report for this 10-K filing is December 31, 2024.
What is the SEC file number for Horizon Space Acquisition II Corp.?
The SEC File Number for Horizon Space Acquisition II Corp. is 001-42406.
What is the SIC code for Horizon Space Acquisition II Corp.?
The Standard Industrial Classification (SIC) code for Horizon Space Acquisition II Corp. is 6770, which corresponds to 'Blank Checks'.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 27, 2025 regarding Horizon Space Acquisition II Corp. (HSPTU).