Horizon Space Acquisition I Corp. (HSPWF) Warrant
Each HSPWF warrant gives the holder the right to buy 1 share of Horizon Space Acquisition I Corp. at $11.50 per share, for five years after the company completes its merger. Horizon Space Acquisition I Corp. is a SPAC (deal terminated). It must complete a deal by June 12, 2027 or the warrants expire worthless. There are 6.90M listed warrants; exercising all of them would add 291.2% to the 2.37M shares outstanding.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $16.00
- Cashless exercise
- allowed
- Break-even stock price
- —
From the issuer's 424B4 (2022-12-22).
Company and stock
- Company
- Horizon Space Acquisition I Corp.
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 2.37M
Market cap is the last share price times shares outstanding (as of 2026-08-12). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether HSPWF is cheap or rich against our model.
Dilution
- Shares outstanding
- 2.37M
- Listed warrants
- 6.90M
- Dilution if all exercised
- 291.2%
Warrant count from filing text: public warrants.
SPAC deal
- Status
- deal terminated
- Target
- Squirrel Enlivened Technology (terminated)
- Deal announced
- 2024-09-16
- Deadline
- 2027-06-12
- Latest possible deadline
- —
- Trust per share
- $12.85
- Sponsor
- Horizon Space Acquisition I Sponsor Corp.
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about HSPWF
When does the HSPWF warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of HSPWF?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many HSPWF warrants are outstanding?
6.90M listed warrants, equal to 291.2% dilution if all are exercised.