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An announcement from Horizon Space Acquisition I Corporation ( (HSPO) ) is now available.
On June 13, 2025, Horizon Space Acquisition I Corp., a Cayman Islands exempted company, issued a $300,000 unsecured promissory note to its sponsor, Horizon Space Acquisition I Sponsor Corp. The note, intended for general working capital, bears no interest and is payable upon the company’s business combination or the expiry of its term. The sponsor has the option to convert the note into private units of the company, which include ordinary shares, warrants, and rights to additional shares upon a business combination. This issuance is exempt from registration under the Securities Act of 1933.
More about Horizon Space Acquisition I Corporation
Average Trading Volume: 5,750
Technical Sentiment Signal: Buy
Current Market Cap: $50.94M
See more insights into HSPO stock on TipRanks’ Stock Analysis page.