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Corporate GovernanceApr 23, 2026, 04:06 PM

Horizon Space Shareholders Approve Trust & Charter Amendments

AI Summary

Horizon Space Acquisition I Corp. shareholders approved amendments to the Investment Management Trust Agreement and the Company's Charter on April 20, 2026. The Trust Agreement amendment mandates the liquidation of the trust account by June 12, 2027. Concurrently, the Charter amendment requires the company to either complete a business combination or cease operations for winding up, aligning with the SPAC's operational deadline.

Key Highlights

  • Shareholders approved amendments to Trust Agreement and Charter on April 20, 2026.
  • Trust account liquidation mandated by June 12, 2027.
  • Company must complete a business combination or cease operations for winding up.