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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.