Horizon Space Acquisition I Q2 FY26 net loss widens to $90,586; Q2 operating costs fall to $98,060 - HSPOF News | RalliesHorizon Space Acquisition I Q2 FY26 net loss widens to $90,586; Q2 operating costs fall to $98,060
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HSPOF• Cash position and trust account
- Cash used in operating activities was $276,718 for the six-month period, leaving $204,176 in cash as of June 30, 2026.
- Trust Account assets totaled $753,670 at June 30, 2026; shareholders approved an extension to complete a business combination by June 12, 2027.
Quarterly and six-month results
- Horizon Space Acquisition I posted a net loss of $90,586 for the quarter ended June 30, 2026, versus net income of $75,887 a year earlier.
- Operating costs fell to $98,060 from $153,989, while interest and dividend income dropped to $7,474 from $229,876.
- For the six months ended June 30, 2026, net loss widened to $214,150 from net income of $147,341 a year earlier.
