Horizon Space Acquisition II Corp. Units (HSPTU) Stock Price, News & Analysis

Company Overview

Horizon Space Acquisition II Corp. Units (NASDAQ: HSPTU) is a special purpose acquisition company incorporated in Delaware with the primary purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company completed its initial public offering in 2021, raising capital through the sale of units, each consisting of one ordinary share and a fractional warrant.

As a blank-check vehicle, Horizon Space Acquisition II is focused on identifying and combining with one or more target companies in the space, aerospace and related technology sectors. The company has a set period—typically 18 to 24 months—from the IPO date to consummate a qualifying business combination. If it is unable to complete such a transaction within the prescribed time frame, the company is required to liquidate and return funds to public shareholders.

By targeting the rapidly evolving space industry, Horizon Space Acquisition II aims to partner with businesses involved in satellite communications, launch services, in-orbit infrastructure, earth observation and other space-enabled solutions. The SPAC structure provides private space-sector companies with an alternative route to public markets, leveraging Horizon Space Acquisition II’s capital and resources to support growth and innovation in the global aerospace ecosystem.

Key Stats

• Today's Range: $10.38 to $10.44
• 50-Day Range: $10.32 to $10.66
• 52-Week Range: $9.98 to $10.73
• Volume: 28,251 shs
• Average Volume: 10,566 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

HSPTU Stock Analysis - Frequently Asked Questions

How have HSPTU shares performed this year?

Horizon Space Acquisition II Corp. Units' stock was trading at $10.04 at the beginning of the year. Since then, HSPTU stock has increased by 4.0% and is now trading at $10.44.

When did Horizon Space Acquisition II Corp. Units IPO?

Horizon Space Acquisition II Corp. Units (HSPTU) raised $60 million in an IPO on Friday, November 15th 2024. The company issued 6,000,000 shares at $10.00 per share.

How do I buy shares of Horizon Space Acquisition II Corp. Units?

Shares of HSPTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:HSPTU
• CIK: 2032950
• Web: N/A
• Phone: (646) 257-5537
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A