• Horizon Space Acquisition II posted a net loss of $29,122 for the three months ended March 31, 2026, swinging from net income of $472,592 a year earlier.
• Interest and dividend income from investments held in trust fell 19% to $588,076.
• Formation and operating expenses rose to $364,905, while interest expense totaled $252,293.
• Cash was $9,586 at March 31, 2026, with a working capital deficit of $1.78 million.
• The SPAC said 3,219,311 ordinary shares were redeemed for $34.22 million on March 17, 2026, with another 3,502,404 shares submitted for redemption tied to the proposed business combination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Space Acquisition II Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001929980-26-000230), on May 20, 2026, and is solely responsible for the information contained therein.