| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 7,679 | 13,259 | ||
| Prepaid expenses | 21,250 | 42,500 | ||
| Total current assets | 28,929 | 55,759 | ||
| Investments held in trust account | 23,091,185 | 22,494,719 | ||
| Total assets | 23,120,114 | 22,550,478 | ||
| Promissory notes | 1,970,000 | 1,730,000 | ||
| Extension loan - related party | 190,000 | 70,000 | ||
| Working capital loan- related party | 1,060,000 | 1,060,000 | ||
| Accounts payable and accrued expenses | 257,658 | 197,050 | ||
| Total current liabilities | 3,477,658 | 3,057,050 | ||
| Deferred underwriters' discount | 2,415,000 | 2,415,000 | ||
| Total liabilities | 5,892,658 | 5,472,050 | ||
| Ordinary shares subject to possible redemption,1,857,989 shares at redemption value of 12.428 and 11.475 per share as of september 30, 2025 and december 31, 2024, respectively | 23,091,185 | 22,494,719 | ||
| Ordinary shares, 0.0001 par value, 490,000,000 shares authorized, 2,310,750 shares issued and outstanding as of september 30, 2025 and december 31, 2024 (excluding 1,857,989 shares subject to possible redemption) | 231 | 231 | ||
| Additional paid-in capital | 0 | 0 | ||
| Accumulated deficit | -5,863,960 | -5,416,522 | ||
| Total shareholders' deficit | -5,863,729 | -5,416,291 | ||
| Total liabilities, temporary equity, and shareholders' deficit | 23,120,114 | 22,550,478 | ||
Horizon Space Acquisition I Corp. (HSPOW)
Horizon Space Acquisition I Corp. (HSPOW)