Horizon Space Acquisition I Corp. 8-K

What Happened
Horizon Space Acquisition I Corp. (HSPOF) filed a supplement to its Definitive Proxy Statement (filed Apr 2, 2026) on Apr 6, 2026 to correct an arithmetic error in the estimated per-share redemption price for public shareholders who elect redemption in connection with the Extraordinary Meeting on April 20, 2026. The company updated the estimated redemption amount based on the Trust Account balance as of the Record Date (Mar 26, 2026) from approximately $11.66 to approximately $12.725 per public share. The supplement does not change the meeting date, location, record date, or the other proposals to be voted on.

Key Details

• The Extraordinary Meeting is scheduled for April 20, 2026; Record Date for trust calculation was March 26, 2026.
• Corrected estimated redemption price: ~$12.725 per public share (previously misstated as ~$11.66).
• The MAA Amendment Proposal would extend the company’s deadline to complete a business combination to June 12, 2027; the Trust Amendment Proposal is conditioned on approval of the MAA amendment.
• Company noted OTCQB closing price on the Record Date was $12.24; with the corrected estimate, exercising redemption would yield about $0.49 more per share than selling on the open market (based on those figures).

Why It Matters
This correction directly affects how much cash public shareholders would receive if they choose to redeem their shares rather than keep or sell them on-market. Investors deciding whether to redeem or sell should use the corrected $12.725 estimate (and consider current market prices) when weighing their options at the April 20 vote. The change is arithmetic/calc-based—no other meeting logistics or proposals were changed.