Berkley Discloses 674,346-Share (7.4%) Holding in Horizon Space

Rhea-AI Filing Summary

W. R. Berkley Corporation and Berkley Insurance Company reported beneficial ownership of 674,346 ordinary shares of Horizon Space Acquisition II Corp., representing 7.4% of the class based on the issuer's publicly reported 9,080,000 ordinary shares outstanding. The reported position shows 0 sole voting or dispositive power and 674,346 in shared voting and dispositive power.

The filing states the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer. Reporting persons are organized in Delaware and list a principal address in Greenwich, Connecticut.

Positive

• Material disclosure: Reporting persons beneficially own 674,346 shares (7.4%) of Horizon Space Acquisition II, a significant registered stake.
• Passive intent stated: The filing certifies the shares are held in the ordinary course of business and not to change or influence control.

Negative

• None.

Insights

Financial Analyst

TL;DR: A disclosed 7.4% stake is material for ownership disclosure but is presented as passive and non-controlling.

The Schedule 13G/A shows W.R. Berkley and Berkley Insurance hold 674,346 shares (7.4%) of Horizon Space Acquisition II out of 9,080,000 reported outstanding shares. The position is reported with shared voting and dispositive power only, which limits unilateral control. The filing includes an Item 10 certification that the holdings are held in the ordinary course of business and not for the purpose of changing control, which frames this as a passive disclosure rather than an activist move.

Corporate Governance Expert

TL;DR: Disclosure complies with 13G requirements and signals a material, passive ownership stake without expressed intent to influence control.

The document identifies the reporting entities and classifies one as an insurance company/parent entity, indicating regulatory and filing roles. Materiality arises from exceeding the 5% threshold, triggering public disclosure obligations. The specific allocation of shared voting and dispositive power and the certification against intent to influence control reduce immediate governance concerns, although the stake remains large enough to be relevant to shareholder composition.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Horizon Space Acquisition II Corp.

(Name of Issuer)

Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

G4627B103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G4627B103

1

Names of Reporting Persons

W. R. Berkley Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 674,346.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 674,346.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

674,346.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.4 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. G4627B103

1

Names of Reporting Persons

Berkley Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 674,346.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 674,346.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

674,346.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.4 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Horizon Space Acquisition II Corp.
(b)	Address of issuer's principal executive offices: 1412 Broadway, 21st Floor, Suite 21V, New York, NY 10018
Item 2.
(a)	Name of person filing: The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(b)	Address or principal business office or, if none, residence: The address of each Reporting Person is: 475 Steamboat Road Greenwich, CT 06830
(c)	Citizenship: The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(d)	Title of class of securities: Ordinary Shares, par value $0.0001 per share
(e)	CUSIP No.: G4627B103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. Calculation of the ownership percentage set forth in Row 11 is based on the Issuer's publicly available Form 10-Q filed May 16, 2025, which states that the Issuer had outstanding 9,080,000 ordinary shares as May 15, 2025.
(b)	Percent of class:
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote:
	(ii) Shared power to vote or to direct the vote:
	(iii) Sole power to dispose or to direct the disposition of:
	(iv) Shared power to dispose or to direct the disposition of:
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.1.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

W. R. Berkley Corporation

Signature:	By: /s/ Richard M. Baio
Name/Title:	Richard M. Baio, Executive Vice President and Chief Financial Officer
Date:	08/08/2025

Berkley Insurance Company

Signature:	By: /s/ Richard M. Baio
Name/Title:	Richard M. Baio, Executive Vice President and Treasurer
Date:	08/08/2025

FAQ

What stake did W.R. Berkley report in Horizon Space (HSPT)?

The reporting persons beneficially own 674,346 shares, representing 7.4% of the ordinary shares based on 9,080,000 outstanding shares.

Which entities filed the Schedule 13G/A for HSPT?

The filing was made by W. R. Berkley Corporation and Berkley Insurance Company.

What voting and dispositive power do the reporting persons hold?

They report 0 sole voting and dispositive power and 674,346 in shared voting and shared dispositive power.

Are these holdings intended to influence control of HSPT?

The filing includes a certification stating the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Where are the reporting persons organized and what is their principal address?

Both reporting persons are organized in Delaware; the address provided for the reporting persons is 475 Steamboat Road, Greenwich, CT 06830.