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Horizon Space Acquisition I Corp   (NASDAQ: HSPOU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.5500 $-0.20 -1.702%
Day's High: $11.55 Week Perf: -0.86 %
Day's Low: $ 11.51 30 Day Perf: 7.34 %
Volume (M): 1 52 Wk High: $ 11.99
Volume (M$): $ 6 52 Wk Avg: $11.19
Open: $11.52 52 Wk Low: $10.74



 Market Capitalization (Millions $) 27
 Shares Outstanding (Millions) 2
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Horizon Space Acquisition I Corp
Horizon Space Acquisition I Corp is a special purpose acquisition company (SPAC) based in the United States. It was formed with the purpose of merging with or acquiring one or more businesses in the space industry. As a SPAC, Horizon Space Acquisition I Corp raises funds through an initial public offering (IPO) to be used for the acquisition of a target company. The goal is to identify and acquire a company in the space industry that has growth potential and aligns with the investment objectives of the shareholders. Once the acquisition is completed, the target company becomes a publicly traded company through the merger with Horizon Space Acquisition I Corp. The management team of the SPAC consists of experienced professionals who have expertise in the space industry and aim to create shareholder value through strategic acquisitions in the sector.


   Company Address: 1412 Broadway New York 10018 NY
   Company Phone Number: 257-5537   Stock Exchange / Ticker: NASDAQ HSPOU


   

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Horizon Space Acquisition I Corp

Horizon Space Acquisition I Corp Reports Troubling Second Quarter 2024 Results Amidst Blank Checks Industry Challenges

A First-Person Perspective on the Disappointing Second Quarter Results in the Blank Checks Industry
By
As we sift through the financial reporting of the second quarter of 2024, one thing is unmistakably clear: the Blank Checks industry is facing turbulence. As I reviewed the numbers, I felt a mix of disappointment and concern as I noted the operating deficit of $0.155 million declared by the small corporation in question. This strikingly contrasts with their previous performance during the second quarter of 2023, which saw an operating deficit of merely $0.067 million.
Even more perplexing is the complete absence of any reported revenue for this latest quarter. As investors, we tend to look for growth and signals that our chosen ventures are moving in the right direction, but the silence in revenue reporting raises questions that can?t be brushed aside. During the same April to June period last year, despite their operational challenges, the company had managed to post a GAAP bottom-line profit of $0.629 million, illustrating their previous capability of generating income?even amidst operational deficits.

Horizon Space Acquisition I Corp

Horizon Space Acquisition I Corp Soars Above the Competition with Impressive Q1 Results

The Blank Checks company experienced an operating shortfall of $-0.147659 million for the first quarter of 2024, according to industry advisors. This shortfall can be attributed to the lack of specified revenue from HSPOU during this period. Despite this setback, the company's efforts to analyze the financial development of the first quarter of 2024 in the current organizational situation are commendable.
Comparing the operating shortfall of the first quarter of 2024 to the previous year, it is evident that there has been a slight increase. The operating shortfall for the first quarter of 2023 was recorded at $-0.117416 million. This suggests that there might be underlying issues that need to be addressed to ensure consistent financial growth.

Horizon Space Acquisition I Corp

Horizon Space Acquisition I Corp Reports Impressive Fourth Quarter Results Amidst Industry Competition

Horizon Space Acquisition I Corp may not be one of the biggest players in the Blank Checks industry, but their recent financial results are certainly turning heads. Despite reporting an operating loss of $-0.232917 million for the fourth quarter of 2023, the company has shown significant improvement from the previous year.
What really stands out is the fact that the company's bottom line has rallied from $0.000 million in the same quarter last year to $0.661 million in the most recent financial quarter. This is a remarkable increase and demonstrates that Horizon Space Acquisition I Corp is on the right track towards profitability.










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