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Horizon Space Acquisition II Corp. Announces the Separate Trading of its Ordinary Shares and Rights, Commencing on February 5, 2025

1. Horizon Space Acquisition II allows separate trading of shares and rights from Units. 2. 5,750,000 Units become tradable from February 5, 2025, possibly increasing liquidity.

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$10.0202/06 04:31 AM EDTLatest Updated
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FAQ

Why Bullish?

Allowing separate trading can attract more investors and improve liquidity, similar to past SPAC successes.

How important is it?

The article indicates a structural change that may influence investor activity and demand.

Why Short Term?

The immediate trading change may stimulate interest quickly, unlike longer-term developments.

Related Companies

HSPTU
NEW YORK CITY, NY / ACCESS Newswire / February 4, 2025 / Horizon Space Acquisition II Corp. (the "Company") (Nasdaq:HSPT), a blank check company, today announced that, commencing on February 5, 2025, holders of the 5,750,000 units (the "Units") sold in the Company's initial public offering (the "Offering") including Units sold upon a full exercise of the underwriters' over-allotment option, may elect to separately trade the ordinary shares and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market ("NASDAQ") under the symbol "HSPTU.

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