Horizon Space Acquisition II Corp. (HSPT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
HSPT currently has 2.18M outstanding shares. with significant dilution risk as 6.25M authorized shares could dilute existing holders by 286.7%. The company has significantly diluted shareholders by 26.38% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 24, 2026 |
8-K filing: PubCo entered into subscription agreements with PIPE Investors to purchase 780,000 units at $10.00 per unit, with each unit consisting of one PubCo Ordinary Share and one series A preferred share of PubCo, generating gross proceeds of approximately $7,800,000; the PIPE Financing is expected to close in conjunction with the closing of the Business Combination. ($15.6M proceeds) |
2.2M | 6.3M |
| Nov 13, 2025 |
10-Q filing | 2.2M shares outstanding |
2.2M | 6.3M |
| May 16, 2025 |
10-Q filing | 2.2M shares outstanding |
2.2M | 6.3M |
| Mar 27, 2025 |
10-K filing | 2.2M shares outstanding |
2.2M | 6.3M |
| Dec 26, 2024 |
10-Q filing | 1.7M shares outstanding |
1.7M | 6.3M |
| Nov 26, 2024 |
8-K filing: Horizon Space Acquisition II Corp. consummated its initial public offering of 6,000,000 units at $10.00 per unit, a private sale of 200,000 units to its sponsor at $10.00 per unit, issued 210,000 Ordinary Shares to Maxim Group LLC, consummated the purchase of 900,000 units related to the over-allotment option at $10.00 per unit, and completed a private placement sale of 13,500 Private Units to the Sponsor at $10.00 per Private Unit and issued an additional 31,500 representative shares to the representative. ($71.14M proceeds) |
1.7M | 6.3M |
| Nov 22, 2024 |
8-K filing: Horizon Space Acquisition II Corp. consummated its initial public offering of 6,000,000 units at $10.00 per unit, generating gross proceeds of $60,000,000, and completed a private sale of 200,000 units to its sponsor at $10.00 per unit, generating gross proceeds of $2,000,000, and issued 210,000 Ordinary Shares to Maxim Group LLC as underwriting compensation. ($62.0M proceeds) |
1.7M | 6.3M |
| Nov 18, 2024 |
8-K filing: The Company completed the private sale of 200,000 Private Units to the Sponsor at $10.00 per Private Unit, generating gross proceeds of $2,000,000, and also amended its Memorandum and Articles of Association on November 12, 2024. ($2.0M proceeds) |
1.7M | 6.3M |
| Nov 05, 2024 |
S-1/A filing: Horizon Space Acquisition II Corp. is offering 6,000,000 units at $10.00 per unit, with each unit consisting of one ordinary share and one right to receive one-tenth of one ordinary share, in an initial public offering. |
1.7M | 6.3M |
| Oct 21, 2024 |
S-1 filing: Horizon Space Acquisition II Corp. is offering 6,000,000 units at $10.00 per unit, each unit consists of one ordinary share and one right to receive one-tenth (1/10) of one ordinary share, in an initial public offering. |
1.7M | 6.2M |