Horizon Space Acquisition I signs USD 500,000 sponsor promissory note for working capital - HSPOF News | RalliesHorizon Space Acquisition I signs USD 500,000 sponsor promissory note for working capital
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HSPOF• Sponsor promissory note for working capital
- 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.
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