Horizon Space Acquisition II Corp. (NASDAQ:HSPTU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HSPTU”, Friday, November 15, 2024.
The new SPAC intends to make a broad search for a target with a strong management team and long-term revenue visibility.
Horizon Space II is led by Chief Executive Officer and Chairman Mingyu (Michael) Li and Chief Financial Officer Min (Lydia) Zhai. The Board also includes Dr. James Jiayuan Tong, Qian (Hebe) Xu and Tianchen Cai.
Total SPAC deal count for 2024 year-to-date is now 47. This offering is expected to close on Monday, November 18, 2024.
Maxim Group LLC is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Robinson & Cole LLP serving as Underwriter’s Counsel. Marcum Asia CPAs LLP serves as auditor. Wilmington Trust, National Association is acting as trustee.
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