Horizon Space Acquisition I Corp. received an amended ownership report showing that three institutional investors now report no beneficial stake in its ordinary shares. Westchester Capital Management, Virtus Investment Advisers, and The Merger Fund each disclose beneficial ownership of 0 shares, representing 0.0% of the class.
The filing notes this percentage is based on 2,404,234 ordinary shares outstanding as of November 20, 2025, as reported in the company’s Form 10-Q. The firms certify that any securities were held in the ordinary course of business and not to change or influence control of Horizon Space.
Mizuho Financial Group, Inc. filed an amended Schedule 13G stating it now beneficially owns 0 common shares of Horizon Space Acquisition I Corp., representing 0.0% of the class as of the event date. The filing confirms Mizuho has no sole or shared voting or dispositive power over any of the company’s common shares.
The firm is identified as a Japan-based parent holding company, and the amendment notes that its group holds ownership of 5 percent or less of this class of securities. The certification explains that any securities were held in the ordinary course of business and not to change or influence control of Horizon Space Acquisition I Corp.
Horizon Space Acquisition I Corp. entered into a new financing arrangement with its sponsor. On January 26, 2026, the company issued an unsecured promissory note for $500,000 to Horizon Space Acquisition I Sponsor Corp. to provide general working capital until it completes its initial business combination.
The note bears no interest and is due on the earlier of the business combination or the company’s term expiry. The sponsor may choose to convert the outstanding principal into private units at $10.00 per unit, with each unit consisting of one ordinary share, one warrant and one right to receive one‑tenth of an ordinary share. Any units issued on conversion will be restricted from transfer until the initial business combination and will have registration rights.