--- title: "HORIZON SPACE ACQUISITION II CORP COM USD0.0001 30/03/2026(SUB/RIGHTS) | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/282091710.md" datetime: "2026-04-08T20:17:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282091710.md) - [en](https://longbridge.com/en/news/282091710.md) - [zh-HK](https://longbridge.com/zh-HK/news/282091710.md) --- # HORIZON SPACE ACQUISITION II CORP COM USD0.0001 30/03/2026(SUB/RIGHTS) | 10-K: FY2025 Revenue: USD 0 Revenue: As of FY2025, the actual value is USD 0. EBIT: As of FY2025, the actual value is USD -3.97 M. HORIZON SPACE ACQUISITION II CORP. is a blank check company with no segmented operations; its chief operating decision maker reviews the Company’s performance as a whole. #### Operational Metrics - **Net Income:** - For the year ended December 31, 2025: $1,809,006. - For the year ended December 31, 2024: $142,877. - **Formation and Operating Costs:** - For the year ended December 31, 2025: $1,080,524. - For the year ended December 31, 2024: $201,653. - **Interest Income from Trust Account:** - For the year ended December 31, 2025: $2,889,530. - For the year ended December 31, 2024: $344,530. - **Loss from Operations:** - For the year ended December 31, 2025: -$1,080,524. - For the year ended December 31, 2024: -$201,653. #### Cash Flow Metrics (Year Ended December 31, 2025) - **Net Cash Used in Operating Activities:** -$1,038,803. - **Net Cash Used in Investing Activities:** -$690,000, primarily due to extension fees deposited into the Trust Account. - **Net Cash Provided by Financing Activities:** $1,090,000. #### Unique Metrics (Balance Sheet as of December 31, 2025) - **Cash:** $7,917. - **Working Capital Deficit:** -$1,319,649. - **Investment held in Trust Account:** $72,924,060. - **Promissory Notes, Related Parties:** $990,000. - **Amount Due to Related Party:** $354,484. - **Other Payable and Accrued Expenses:** $4,696. #### Outlook / Guidance The Company intends to use the net proceeds from its IPO, including funds in the Trust Account, to acquire a target business and cover related expenses, potentially requiring additional financing. Management has identified substantial doubt about the Company’s ability to continue as a going concern due to significant professional and transaction costs and the need to complete a Business Combination by April 18, 2026 (or up to February 18, 2027 if fully extended). Management plans to address this uncertainty through working capital loans from the Sponsor or its affiliates. ### Related Stocks - [HSPTR.US](https://longbridge.com/en/quote/HSPTR.US.md) ## Related News & Research - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md) - [Eli Lilly Retatrutide 12 Mg Achieved 30.3% Average Weight Loss At 104 Weeks In Extension](https://longbridge.com/en/news/287203984.md) - [Legend Power Systems Announces $1.3 Million in Orders for 12 SmartGATE Systems as Enhanced Customer Value Strategy Gains Traction | LPSIF Stock News](https://longbridge.com/en/news/287209736.md) - [Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2026 and Declares Quarterly Common Stock Dividend | ESEA Stock News](https://longbridge.com/en/news/287208057.md) - [12:46 ETSpring Cleaning Starts in the Garage: A Step-by-Step Cleanout Guide for Homeowners](https://longbridge.com/en/news/286946537.md)