tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Horizon Space Extends Business Combination Deadline to August

Story Highlights
  • Horizon Space Acquisition I Corp. extended its business combination deadline to August 27, 2025.
  • The extension was facilitated by Squirrel HK with a $120,000 fee, crucial for strategic growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Horizon Space Extends Business Combination Deadline to August

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Horizon Space Acquisition I Corporation ( (HSPO) ) is now available.

Horizon Space Acquisition I Corp., a Cayman Islands exempted company, has extended the deadline for its initial business combination from July 27, 2025, to August 27, 2025, by depositing a $120,000 extension fee into its trust account. This extension was facilitated by Squirrel Enlivened (Hong Kong) Technology Limited, as part of a merger agreement with Squirrel Enlivened Technology Co., Ltd and its subsidiaries. The company issued an unsecured promissory note to Squirrel HK for the extension fee, which bears no interest and is payable upon the consummation of the business combination or the company’s term expiry. The extension allows Horizon Space Acquisition I Corp. more time to finalize its business combination, which is crucial for its strategic growth and market positioning.

More about Horizon Space Acquisition I Corporation

Average Trading Volume: 9,651

Technical Sentiment Signal: Buy

Current Market Cap: $50.46M

See more insights into HSPO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1