**Horizon Space Acquisition I Corp. Amends New Extension Fee Proposal and Trust Agreement**

by · The Cerbat Gem

Horizon Space Acquisition I Corp. (NASDAQ: HSPO) recently filed a Form 8-K with the Securities and Exchange Commission on December 20, 2024, detailing crucial amendments to its existing operations. The company, situated in the Cayman Islands, has taken significant steps to bolster its financial structure and transparency in shareholders’ interests.

In light of an extraordinary general meeting planned for December 20, 2024, Horizon Space Acquisition I Corp. also released a press statement revising certain terms and conditions in connection with its proposed charter amendment and trust agreement. The main focus of these amendments is the revision of the New Extension Fee associated with the Trust Account. If approved, the shareholders will witness a significant increase in the required contribution to the Trust Account for each New Monthly Extension.

The new contribution, standing at $120,000 for all remaining public shares, a figure considerably larger than the previous amount, aims to enhance the financial stability and long-term prospects of the company. This substantial increase is part of the strategic measures adopted by Horizon Space Acquisition I Corp. to strengthen its positioning within the market.

Moreover, the trust agreement between Horizon Space Acquisition I Corp. and the trustee of the Trust Account is subject to various amendments as part of these proposals. These amendments seek to ensure smooth operations and compliance with regulatory frameworks amid the evolving business landscape.

It is noteworthy that Horizon Space Acquisition I Corp. has pledged to furnish a Form 8-K report for each subsequent New Monthly Extension, aligning with regulatory requirements and a commitment to transparency. Failure to meet the prescribed payment milestones is backed by an agreement to liquidate the Trust Account within a specified time frame, reinforcing the company’s obligations.

The incorporation of these amendments marks a significant milestone for Horizon Space Acquisition I Corp., underlining its dedication to prudent financial management and regulatory adherence for the benefit of its stakeholders. Shareholders are encouraged to stay informed and engage actively in the decision-making processes to shape the future trajectory of the company.

For further information and detailed insights into these amendments, interested parties are advised to refer to the Form 8-K filing by Horizon Space Acquisition I Corp. on the SEC’s website dated around December 20, 2024.

**Forward-Looking Statements**
This news article includes forward-looking statements, subject to inherent risks and uncertainties. Readers are hereby cautioned against unduly relying on these statements, as actual results may vary due to numerous factors and developments.

**Disclaimer**: This publication does not act as a solicitation of proxies or a proxy statement regarding securities. No solicitation or offer of securities shall be made without compliance with the requisite regulations.

*Contact Information:*
Michael Li
Chief Executive Officer
Horizon Space Acquisition I Corp.
Phone: (646) 257-5537
Email: mcli@horizonspace.cc

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Horizon Space Acquisition I’s 8K filing here.

About Horizon Space Acquisition I

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Horizon Space Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses. Horizon Space Acquisition I Corp. was incorporated in 2022 and is based in New York, New York.

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