Horizon Space Acquisition I Corp. Files 8-K
Ticker: HSPWF · Form: 8-K · Filed: Dec 20, 2024 · CIK: 1946021
Sentiment: neutral
Topics: corporate-filing, spac
TL;DR
Horizon Space Acquisition I Corp. filed an 8-K on Dec 20, 2024, detailing its share structure and corporate info.
AI Summary
Horizon Space Acquisition I Corp. filed an 8-K on December 20, 2024, reporting other events and financial statements. The filing details the company's structure, including ordinary shares and redeemable warrants, and its incorporation in the Cayman Islands. The company's principal executive offices are located at 1412 Broadway, 21st Floor, New York, NY.
Why It Matters
This 8-K filing provides an update on Horizon Space Acquisition I Corp.'s corporate structure and reporting, which is crucial for investors to understand the company's status and any potential future actions.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant new risks or material adverse events.
Key Players & Entities
- Horizon Space Acquisition I Corp. (company) — Registrant
- December 20, 2024 (date) — Date of earliest event reported
- Cayman Islands (jurisdiction) — State of incorporation
- 1412 Broadway, 21st Floor, New York, NY (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing for Horizon Space Acquisition I Corp.?
The primary purpose of this 8-K filing is to report 'Other Events' and 'Financial Statements and Exhibits' as of December 20, 2024.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on December 20, 2024.
Where is Horizon Space Acquisition I Corp. incorporated?
Horizon Space Acquisition I Corp. is incorporated in the Cayman Islands.
What is the business address of Horizon Space Acquisition I Corp.?
The business address of Horizon Space Acquisition I Corp. is 1412 Broadway, 21st Floor, New York, NY 10018.
What types of securities are mentioned in the filing's metadata?
The filing's metadata mentions 'Ordinary Shares' and 'Redeemable Warrants'.
Filing Stats: 2,139 words · 9 min read · ~7 pages · Grade level 15.2 · Accepted 2024-12-20 08:41:40
Key Financial Figures
- $0.0001 — nits, consisting of one Ordinary Share, $0.0001 par value, one redeemable Warrant to ac
- $11.50 — Ordinary Share at an exercise price of $11.50 HSPOW The Nasdaq Stock Market LLC
- $60,000 — ension, the amount of the lesser of (i) $60,000 for all remaining public shares and (ii
- $0.04 — or all remaining public shares and (ii) $0.04 for each remaining public share needs t
- $120,000 — ust Account is revised to the amount of $120,000 for all remaining public shares (the "N
- $100,000 — ration of the Trust Account (less up to $100,000 of interest released to the Company to
Filing Documents
- hspo_8k.htm (8-K) — 49KB
- hspo_ex991.htm (EX-99.1) — 15KB
- 0001929980-24-000650.txt ( ) — 225KB
- hspo-20241220.xsd (EX-101.SCH) — 7KB
- hspo-20241220_lab.xml (EX-101.LAB) — 18KB
- hspo-20241220_cal.xml (EX-101.CAL) — 1KB
- hspo-20241220_pre.xml (EX-101.PRE) — 13KB
- hspo-20241220_def.xml (EX-101.DEF) — 5KB
- hspo_8k_htm.xml (XML) — 8KB
01 Other Events
Item 8.01 Other Events. Supplement to the Definitive Proxy Statement On November 19, 2024, Horizon Space Acquisition I Corp. (the "Company") filed a definitive proxy statement (as the same may be amended or supplemented, the "Definitive Proxy Statement") for the solicitation of proxies in connection with an extraordinary general meeting of the Company's shareholders in lieu of an annual general meeting to be held on at 9:00 a.m. Eastern Time, December 20, 2024 (the "Extraordinary Meeting") to consider and vote on, among other proposals, a proposal to amend its amended and restated memorandum and articles of association to provide the Company has until December 27, 2024 to complete a business combination and may elect to extend the period to consummate a business combination up to twelve times, each by an additional one-month extension (the "New Monthly Extension"), for a total up to twelve months to December 27, 2025 (such proposal, the "MAA Amendment Proposal") and conditional on the approval of the MAA Amendment Proposal, a proposal to amend the Investment Management Trust Agreement, dated December 21, 2022 (as the same may be amended, restated or supplemented, the "Trust Agreement") between the Company and Continental Stock Transfer & Trust Company ("Continental") to provide that Continental must commence liquidation of the trust account of the Company (the "Trust Account") by December 27, 2024, or, up to December 27, 2025, if further extended, to effect each New Monthly Extension (such proposal, the "Trust Amendment Proposal"). For each New Monthly Extension, the amount of the lesser of (i) $60,000 for all remaining public shares and (ii) $0.04 for each remaining public share needs to be deposited into the Trust Account. Press Release On December 20, 2024, the Company issued a press release announcing the revisions to certain terms and conditions in connection with MAA Amendment Proposal and the Trust Amendment Proposal to provide, among other things, tha
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as "believes," "expects," "intends," "plans," "estimates," "assumes," "may," "should," "will," "seeks," or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Extraordinary Meeting, the proposed New Extension Fee and the proposed amendment to the Trust Agreement. These statements are based on current expectations on the date of this Current Report on Form 8-K and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements. Additional Information and Where to Find It On November 19, 2024, the Company filed the Definitive Proxy Statement with the SEC in connection with its solicitation of proxies for the Extraordinary Meeting. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the Definitive Proxy Statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or contact proxy solicitor: Advantage Proxy, Inc. P.O. Box 13581 Des Moines, WA 98198 Attn: Karen Smith Toll Free: (877) 870-8565 Collect: (206) 870-8565 Email: ksmith@adv
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated December 20, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 4
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Horizon Space Acquisition I Corp. Date: December 20, 2024 By: /s/ Mingyu (Michael) Li Name: Mingyu (Michael) Li Title: Chief Executive Officer 5