Horizon Space Acquisition I in a filing said shareholders voted in favor of pushing the SPAC’s completion deadline to March 2024.
The SPAC said 562,779 shares were redeemed ahead of the vote, or about 9% of shares outstanding.
The SPAC raised $60 million in a December 2022 IPO. Horizon Space I is focused on emerging growth companies. Horizon has said it will consider potential target companies worldwide, including China, though it has yet to announce a target. Read more.