Horizon Space Acquisition I signs USD 500,000 sponsor promissory note for working capital

Reuters2026/07/21 20:24

By:Reuters

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Horizon Space Acquisition I issued an unsecured USD 500,000 promissory note to its sponsor on July 20, 2026.
Proceeds can be drawn until an initial business combination, funding general working capital.
The note is non-interest-bearing, payable at the earlier of a business combination or the company’s term expiry.
The sponsor can convert outstanding principal into private units at USD 10 per unit, subject to notice before closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Space Acquisition I Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001929980-26-000372), on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Horizon Space Acquisition I signs USD 500,000 sponsor promissory note for working capital

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