Horizon Space Acquisition I Corp. (HSPO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 15, 2026

Risk Assessment Details

Potential Dilution: 259.66% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
2.3M
Potential Supply
6M
Additional shares possible
Splits
None
Past 2 years

Summary

HSPO currently has 2.31M outstanding shares. with significant dilution risk as 6M authorized shares could dilute existing holders by 259.7%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 15, 2026

10-K filing | 2.3M shares outstanding

2.3M 6M
Oct 03, 2025

8-K filing: Horizon Space Acquisition I Corp. terminated its business combination agreement with Squirrel Enlivened Technology Co., Ltd and amended its underwriting agreement with Network 1 Financial Securities, Inc. to convert deferred underwriting commissions into ordinary shares. ($2.42M proceeds)

2.3M 6M
Aug 11, 2025

10-Q filing | 2.3M shares outstanding

2.3M 6M
May 14, 2025

10-Q filing | 2.3M shares outstanding

2.3M 6M
Mar 28, 2025

10-K filing | 2.3M shares outstanding

2.3M 6M
Dec 26, 2024

8-K filing: Horizon Space Acquisition I Corp. amended its Trust Agreement and Articles of Association to extend the deadline for completing a business combination to December 27, 2025, with monthly extension options, and 3,663,651 Ordinary Shares were redeemed in connection with the votes to approve the amendments.

2.3M 6M
Nov 14, 2024

10-Q filing | 2.3M shares outstanding

2.3M 6M
Aug 09, 2024

10-Q filing | 2.3M shares outstanding

2.3M 6M
May 14, 2024

10-Q filing | 2.3M shares outstanding

2.3M 6M
Apr 01, 2024

10-K filing | 2.3M shares outstanding

2.3M 6M
Nov 08, 2023

10-Q filing | 2.3M shares outstanding

2.3M 6M
Aug 11, 2023

10-Q filing | 2.3M shares outstanding

2.3M 6M
May 09, 2023

10-Q filing | 2.3M shares outstanding

2.3M 6M
Feb 13, 2023

10-K filing | 2.3M shares outstanding

2.3M 6M
Jan 03, 2023

8-K filing: Horizon Space Acquisition I Corp. consummated an IPO of 6,900,000 units at $10.00 per unit, generating gross proceeds of $69,000,000, and completed a private sale of 385,750 units to its sponsor at $10.00 per unit, generating gross proceeds of $3,857,500. ($218.57M proceeds)

1.7M 6M
Dec 28, 2022

8-K filing: The company completed the private sale of 385,750 Private Units to the Sponsor at a purchase price of $10.00 per unit, generating gross proceeds to the Company of $3,857,500, and adopted and filed its Amended and Restated Memorandum and Articles of Association. ($3.86M proceeds)

1.7M 6M
Dec 09, 2022

S-1/A filing: Initial public offering of 6,000,000 units at a price of $10.00 per unit, with each unit consisting of one ordinary share, one redeemable warrant, and one right to receive one-tenth of one ordinary share, with Network 1 Financial Securities, Inc. having a 45-day option to purchase up to an additional 900,000 units to cover over-allotments.

1.7M 6M
Nov 29, 2022

S-1 filing: Horizon Space Acquisition I Corp. is offering 6,000,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one ordinary share, one redeemable warrant, and one right to receive one-tenth of one ordinary share; also, the sponsor will purchase 352,000 units in a private placement.

1.7M 6.4M
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