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Horizon Space Acquisition I Corp. Announces Transfer to Nasdaq Capital Market

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Horizon Space Acquisition I Corp. (HSPO) has received approval from Nasdaq Stock Market to list its ordinary shares, units, warrants and rights on the Nasdaq Capital Market. Trading of these securities is scheduled to begin on the Nasdaq Capital Market at market open on November 14, 2024.

Horizon Space Acquisition I Corp. (HSPO) ha ricevuto l'approvazione dal Nasdaq Stock Market per quotare le sue azioni ordinarie, unità, warrant e diritti sul Nasdaq Capital Market. Il trading di questi titoli è programmato per iniziare sul Nasdaq Capital Market all'apertura del mercato il 14 novembre 2024.

Horizon Space Acquisition I Corp. (HSPO) ha recibido la aprobación de Nasdaq Stock Market para listar sus acciones ordinarias, unidades, garantías y derechos en el Nasdaq Capital Market. El comercio de estos valores está programado para comenzar en el Nasdaq Capital Market al abrir el mercado el 14 de noviembre de 2024.

Horizon Space Acquisition I Corp. (HSPO)는 Nasdaq 주식 시장으로부터 보통주, 유닛, 워런트 및 권리를 Nasdaq 자본 시장에 상장할 수 있는 승인을 받았습니다. 이러한 증권의 거래는 2024년 11월 14일 시장 개장 시 Nasdaq 자본 시장에서 시작될 예정입니다.

Horizon Space Acquisition I Corp. (HSPO) a reçu l'approbation du Nasdaq Stock Market pour lister ses actions ordinaires, unités, bons de souscription et droits sur le Nasdaq Capital Market. Le trading de ces titres est prévu pour commencer sur le Nasdaq Capital Market à l'ouverture du marché le 14 novembre 2024.

Horizon Space Acquisition I Corp. (HSPO) hat die Genehmigung von Nasdaq Stock Market erhalten, um ihre Stammaktien, Einheiten, Warrants und Rechte am Nasdaq Capital Market zu listen. Der Handel mit diesen Wertpapieren soll am 14. November 2024 zu Handelsbeginn am Nasdaq Capital Market beginnen.

Positive
  • Successful approval for listing on Nasdaq Capital Market
  • Enhanced visibility and potential liquidity through Nasdaq listing
Negative
  • None.

Insights

The transfer of Horizon Space Acquisition I Corp. from one Nasdaq tier to another is a procedural move that typically doesn't significantly impact the company's market value or investment thesis. As a SPAC still seeking a business combination, the focus remains on their ability to identify and merge with a suitable target company. The Nasdaq Capital Market has lower listing requirements compared to other Nasdaq tiers, which could provide more flexibility but doesn't materially change the company's fundamentals or prospects.

NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Horizon Space Acquisition I Corp. (the "Company") (Nasdaq:HSPO), a special purpose acquisition company, today announced that the Nasdaq Stock Market LLC has approved the Company's application to list its ordinary shares, units, warrants and rights on the Nasdaq Capital Market. The Company's ordinary shares, units, warrants and rights are expected to commence trading on the Nasdaq Capital Market at the opening of business on November 14, 2024.

About the Company

Horizon Space Acquisition I Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.

Cautionary Statement Regarding Forward-Looking Statements

This Press Release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "believe," "intend," "plan," "projection," "outlook" or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

Contact Information

Horizon Space Acquisition I Corp.

Michael Li
Chief Executive Officer
Tel: (646) 257-5537
Email: mcli@horizonspace.cc

SOURCE: Horizon Space Acquisition I Corp.



View the original press release on accesswire.com

FAQ

When will Horizon Space Acquisition I Corp (HSPO) start trading on Nasdaq Capital Market?

Horizon Space Acquisition I Corp (HSPO) will begin trading on the Nasdaq Capital Market on November 14, 2024.

What securities of Horizon Space Acquisition I Corp (HSPO) will be listed on Nasdaq Capital Market?

The company's ordinary shares, units, warrants, and rights will be listed on the Nasdaq Capital Market.

Has Horizon Space Acquisition I Corp (HSPO) received Nasdaq approval for listing?

Yes, Nasdaq Stock Market has approved HSPO's application to list its securities on the Nasdaq Capital Market.

Horizon Space Acquisition I Corp. Ordinary Shares

NASDAQ:HSPO

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88.27M
7.83M
28.56%
69.81%
0.04%
Shell Companies
Blank Checks
United States of America
NEW YORK