Mingyu Li - Nov 12, 2024 Form 3 Insider Report for Horizon Space Acquisition II Corp. (HSPT)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Mingyu Li
Stock symbol: HSPT
Transactions as of: Nov 12, 2024
Transactions value $: $0
Form type: 3
Date filed: 11/12/2024, 12:48 PM
Previous filing: Dec 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HSPT	Ordinary Share						1.87M	Nov 12, 2024	See Footnote	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	HSPT	Private Rights							Nov 12, 2024	Ordinary Shares	21.4K	$0.00	See Footnote	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Assuming the over-allotment option is exercised by the underwriters of the IPO of Horizon Space Acquisition II Corp. (the "Issuer") in full within 45 days of the offering, Mr. Mingyu Li may be deemed to beneficially own 1,655,000 ordinary shares of the Issuer held by Horizon Space Acquisition II Sponsor Corp. (the "Sponsor").
F2	The Sponsor is the record holder of the shares reported herein. Mr. Mingyu (Michael) Li beneficially owns 50% issued and outstanding shares of the Sponsor. In accordance with the governing documents of the Sponsor, Mr. Mingyu (Michael) Li is the sole director of the sponsor and deemed to have the voting and dispositive rights over the securities of us held by the sponsor.
F3	Including (i) 1,655,000 ordinary shares of the Issuer acquired by the Sponsor prior to the IPO including up to 225,000 ordinary shares subject to forfeiture to the extent that the over-allotment option by the underwriters is not exercised in full or in part; and (ii) up to 213,500 ordinary shares of the Issuer underlying the private units ("Private Units") to be acquired by the Sponsor in a private placement simultaneously with the consummation of the IPO. Each Private Unit consists of one ordinary share and one right.
F4	As described in the Rights Agreement dated November 14, 2024, between the Issuer and VStock Transfer, LLC, and filed as Exhibit 4.4 to the Registration Statement, the private rights will automatically convert into one-tenth (1/10) of one ordinary share upon the completion of the business combination.