Mizuho Securities USA LLC Sells 24,290 Shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO)

Key Points

• Mizuho Securities USA LLC reduced its stake in Horizon Space Acquisition I Corp. by 6.1%, now owning 375,210 shares, which is valued at approximately $4.39 million.
• Berkley W R Corp significantly increased its holdings in the company by 71.9%, acquiring a total of 205,129 shares worth about $2.34 million.
• Horizon Space Acquisition I shares have shown a 52-week range between $11.11 and $15.12, with the current price opening at $12.15.

Mizuho Securities USA LLC lowered its position in Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 6.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 375,210 shares of the company's stock after selling 24,290 shares during the period. Mizuho Securities USA LLC owned about 9.00% of Horizon Space Acquisition I worth $4,390,000 at the end of the most recent reporting period.

Separately, Berkley W R Corp grew its position in Horizon Space Acquisition I by 71.9% during the fourth quarter. Berkley W R Corp now owns 205,129 shares of the company's stock valued at $2,338,000 after buying an additional 85,813 shares during the period. Institutional investors and hedge funds own 69.10% of the company's stock.

Horizon Space Acquisition I Price Performance

HSPO traded down $0.14 during trading on Thursday, hitting $12.05. 483 shares of the company traded hands, compared to its average volume of 551. The stock's fifty day moving average is $12.23 and its 200 day moving average is $11.98. Horizon Space Acquisition I Corp. has a one year low of $11.12 and a one year high of $15.12.

Horizon Space Acquisition I Profile

Horizon Space Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses. Horizon Space Acquisition I Corp. was incorporated in 2022 and is based in New York, New York.