Horizon Space Acquisition I Corp. Files Definitive Proxy Statement

TL;DR

HSAC files proxy statement for shareholder meeting, no fee paid.

AI Summary

Horizon Space Acquisition I Corp. filed a Definitive Proxy Statement (DEF 14A) on November 19, 2024, for its Extraordinary General Meeting of Shareholders. The filing indicates no fee was required for this filing, which is related to the company's charter and operations.

Why It Matters

This filing provides shareholders with crucial information and voting rights regarding important company matters, allowing them to participate in corporate governance.

Risk Assessment

Risk Level: low — This is a routine administrative filing (DEF 14A) and does not contain new financial information or strategic changes that would typically indicate higher risk.

Key Numbers

• 1412 Broadway, 21st Floor, Suite 21V — Company Address (Physical location of Horizon Space Acquisition I Corp.)

Key Players & Entities

• Horizon Space Acquisition I Corp. (company) — Registrant
• 0001929980-24-000565 (filing_id) — Accession Number
• 20241119 (date) — Filing Date
• 1412 Broadway, 21st Floor, Suite 21V (address) — Company Address

FAQ

Key Financial Figures

• $0.004 — ponsor and/or its designee will deposit $0.004 for each remaining public share into th
• $100,000 — e Company (less taxes payable and up to $100,000 of interest to pay dissolution expenses
• $5,000,001 — uld cause the Company to have less than $5,000,001 of net tangible assets following such r
• $11.32 — ate, this would amount to approximately $11.32 per public share. The closing price of
• $11.28 — November 14, 2024, the Record Date, was $11.28. Accordingly, if the market price of th
• $0.04 m — lic shareholder receiving approximately $0.04 more per share than if the shares were so

Filing Documents

• hspo_def14a.htm (DEF 14A) — 563KB
• 0001929980-24-000565.txt ( ) — 564KB

From the Filing

DEF 14A 1 hspo_def14a.htm DEF 14A hspo_def14a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 Horizon Space Acquisition I Corp. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11. Horizon Space Acquisition I Corp. 1412 Broadway, 21st Floor, Suite 21V New York, NY 10018 NOTICE OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS IN LIEU OF AN ANNUAL GENERAL MEETING TO BE HELD ON DECEMBER 20, 2024 TO THE SHAREHOLDERS OF HORIZON SPACE ACQUISITION I CORP.: You are cordially invited to attend an extraordinary general meeting of shareholders in lieu of an annual general meeting (the "Extraordinary Meeting") of Horizon Space Acquisition I Corp. (the "Company," "HSPO," "we," "us" or "our"), an exempted company incorporated with limited liability under the laws of the Cayman Islands, to be held at 9:00 a.m. Eastern Time, on December 20, 2024. For the purposes of Cayman Islands law and the amended and restated memorandum and articles of association of the Company, the physical location of the Extraordinary Meeting shall be at the offices of Robinson & Cole LLP, 666 Third Avenue, 20th Floor, New York, NY 10017, and virtually via teleconference using the dial-in information: +1 813-308-9980 (Access Code: 173547). At the Extraordinary Meeting, the shareholders will consider and vote upon the following proposals: 1. Proposal No. 1 – MAA Amendment Proposal - A proposal by special resolution, to amend Articles 48.7 and 48.8 of the Company's amended and restated memorandum and articles of association (the "Current MAA"), in accordance with the form set forth in Annex A to the accompanying proxy statement, to provide that the Company must (i) consummate a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company with one or more businesses, which we refer to as a "business combination," or (ii) cease its operations except for the purpose of winding up if it fails to complete such business combination and redeem or repurchase 100% of the Company's public shares included as part of the units sold in the Company's initial public offering that was consummated on December 27, 2022 (the "IPO"), by December 27, 2024 (the "Termination Date"), and if the Company does not consummate a business combination by December 27, 2024, the Termination Date may be extended up to twelve times, each by an additional one-month extension, for a total of up to twelve months to December 27, 2025 (the "New Monthly Extension"), without the need for any further approval of the Company's shareholders (such proposal, the "MAA Amendment Proposal") (such amendment to the Current MAA as set forth in Annex A is herein referred to as the "MAA Amendment"). The full wording of the special resolution to approve the MAA Amendment Proposal is set out in Annex A to the accompanying proxy statement; 2. Proposal No. 2 – Trust Amendment Proposal – A proposal to approve by the affirmative vote of at least a majority of the issued and outstanding ordinary shares of the Company, an amendment of the Investment Management Trust Agreement, dated December 21, 2022 (as the same may be amended, restated or supplemented, the "Trust Agreement"), substantively in the form set forth in Annex B to the accompanying proxy statement, by and between the Company and Continental Stock Transfer & Trust Company, to reflect the MAA Amendment (the "Trust Amendment" and such proposal, the "Trust Amendment Proposal" and, together with the MAA Amendment Proposal, the "Extension Proposals"); 3. Proposal No. 3 – Director Re-election Proposal – A proposal by ordinary resolution, to approve the re-election of Angel Colon as Class I director of the Company to serve a three-year term until the third succeeding annual general meeting after this Extraordinary Meeting or until his successor is appointed and qualified (such proposal, the "Director Re-election Proposal"); 4. Proposal No. 4 – Auditor Appointment Proposal — A proposal by ordinary resolution, to ratify the engagement of UHY LLP to serve as the Company's independent registered public accounting firm for the year ending December 31, 2023 and approve the engagement of UHY LLP to serve as the Company's independent registered public accountin

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View this DEF 14A filing on SEC EDGAR