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Horizon Space Acquisition II Corp. [HSPTR]

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Horizon Space Acquisition II Corp. (HSPTR) operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company focuses on identifying and merging with target businesses in the aerospace, defense, and space infrastructure sectors. Headquartered in the United States, Horizon Space Acquisition II Corp. was incorporated in 2021 and trades on the NASDAQ stock exchange. As a blank check company, HSPTR does not have operations of its own but instead raises capital through its initial public offering to fund the acquisition of an operating company. The SPAC structure allows investors to participate in private equity-style transactions through publicly traded securities. HSPTR units consist of one share of Class A common stock and a fraction of one redeemable warrant, which entitles holders to purchase additional shares at a predetermined price. The company has a specific timeframe to complete a business combination, typically within 18 to 24 months of its IPO, or it must return the funds to investors. Management comprises industry professionals with experience in aerospace and technology sectors who evaluate potential merger targets based on growth potential, market position, and strategic fit.