For the quarter ending 2026-03-31, HSPWF has $1,227,023 in assets. $6,215,974 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash | 25,977 | 35,894 | ||
| Prepaid expenses | 10,680 | 14,685 | ||
| Total current assets | 36,657 | 50,579 | ||
| Investments held in trust account | 1,190,366 | 1,179,991 | ||
| Total assets | 1,227,023 | 1,230,570 | ||
| Promissory notes | 1,970,000 | 1,970,000 | ||
| Extension loan - related party | 190,000 | 190,000 | ||
| Working capital loan- related party | 1,474,003 | 1,314,003 | ||
| Accounts payable and accrued expenses | 166,971 | 206,954 | ||
| Total current liabilities | 3,800,974 | 3,680,957 | ||
| Deferred underwriters' discount | 2,415,000 | 2,415,000 | ||
| Total liabilities | 6,215,974 | 6,095,957 | ||
| Ordinary shares subject to possible redemption, 93,484 shares at redemption value of 12.733 and 12.622 per share as of march 31, 2026 and december 31, 2025, respectively | 1,190,366 | 1,179,991 | ||
| Ordinary shares, 0.0001 par value, 490,000,000 shares authorized, 2,310,750 shares issued and outstanding as of march 31, 2026 and december 31, 2025 (excluding 93,484 shares subject to possible redemption) | 231 | 231 | ||
| Additional paid-in capital | 0 | - | ||
| Accumulated deficit | -6,179,548 | -6,045,609 | ||
| Total shareholders' deficit | -6,179,317 | -6,045,378 | ||
| Total liabilities, temporary equity, and shareholders' deficit | 1,227,023 | 1,230,570 | ||
Horizon Space Acquisition I Corp. (HSPWF)
Horizon Space Acquisition I Corp. (HSPWF)