Horizon Space Acquisition I Corp.

General Information

We intend to search for emerging growth companies. We are not limited to a particular industry or geographic region for purposes of consummating an initial business combination. (Incorporated in the Cayman Islands) 

From the prospectus:

“Because of our significant ties to China, we may pursue a business combination with a PRC Target Company. If we consummate a business combination with a PRC Target Company, we are subject to legal and operational risks associated with being based in China. See “Risk Factors— If we effect our initial business combination with a PRC Target Company, we may be subject to certain risks associated with acquiring and operating businesses in China.” on page 67 of this prospectus.”

As a blank check company incorporated for the purpose of effecting a business combination, we have significant ties to China. Mr. Mingyu (Michael) Li, our Chief Executive Officer and Chief Financial Officer, who is also the sole member and sole director of our sponsor, is located in China. Our significant ties to China would make us a less attractive partner to a non-China-based target company and such perception may potentially limit or negatively impact our search for an initial business combination; or may therefore make it more likely for us to consummate a business combination with a company being based in or having the majority of the company’s operations in China (a “PRC Target Company”)

(Horizon Space Acquisition I Corp. priced its SPAC IPO on Dec. 21, 2022, in line with the terms in its prospectus: 6.0 million units at $10.00 each to raise $60 million. Horizon Space Acquisition I Corp. filed its S-1 on Nov. 29, 2022, for its SPAC IPO of 6.0 million units at $10.00 per unit. Each unit consists of one ordinary share, one redeemable warrant, and one right to receive one-tenth of one ordinary share upon completion of the initial business combination. The company submitted a confidential IPO filing to the SEC on Sept. 26, 2022.)

Employees: 0
Founded: 2022
Contact Information
Address 1412 Broadway 21st Floor, Suite 21V New York, NY 10018
Phone Number (646)257-5537
Web Address
View Prospectus: Horizon Space Acquisition I Corp.
Financial Information
Market Cap $81.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol HSPOU
Exchange NASDAQ
Shares (millions): 6.0
Price range $10.00 - $10.00
Est. $ Volume $60.0 mil
Manager / Joint Managers Network 1 Financial Securities
Expected To Trade: 12/22/2022
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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