SCHEDULE 13G/A: TD Securities and Affiliates File Amended 13G for Horizon Space Acquisition II Corp. to Correct CUSIP Error

Sentiment:

Beneficial Ownership Amendment


TD Securities (USA) LLC and its affiliates have filed an amended Schedule 13G for Horizon Space Acquisition II Corp. to correct a CUSIP number error, reporting zero beneficial ownership.

Summary

  • The filing is an Amendment No. 1 to Schedule 13G for Horizon Space Acquisition II Corp.
  • The primary purpose of this amendment is to correct an error in the CUSIP number of the Class of Securities and the corresponding Issuer.
  • The reporting persons include TD SECURITIES (USA) LLC, COWEN AND COMPANY, LLC, TORONTO DOMINION HOLDINGS USA INC, TD GROUP US HOLDINGS LLC, and TORONTO DOMINION BANK.
  • All reporting persons declare 0.00 shares of sole voting power, 0.00 shares of shared voting power, 0.00 shares of sole dispositive power, and 0.00 shares of shared dispositive power.
  • The aggregate amount beneficially owned by each reporting person is 0.00 shares, representing 0% of the class of Ordinary shares, par value $0.0001 per share.
  • The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a neutral, factual compliance filing. It reports no beneficial ownership and corrects an administrative error, providing no positive or negative financial or operational news.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the issuer's future performance or operations.

Management Comments

  • "This Schedule 13G Amendment is being filed solely to correct an error in the CUSIP number of the Class of Securities (and the corresponding Issuer)." (Comment for Type of Reporting Person by TD Securities (USA) LLC)
  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ยงยง 240.14a-11." (Certification by Reporting Persons)

Industry Context

This filing is a routine compliance update for beneficial ownership, common among financial institutions that may hold or have held securities for various purposes, including brokerage activities. Horizon Space Acquisition II Corp. is likely a Special Purpose Acquisition Company (SPAC), and such filings are standard disclosures required by the SEC to maintain transparency regarding significant ownership stakes, even when ownership is zero or below reporting thresholds, especially when correcting prior filings.

Stakeholder Impact

  • Shareholders: Provides updated, accurate CUSIP information for the company's securities, ensuring correct identification in financial systems.
  • Regulatory Authorities: Fulfills SEC disclosure requirements for beneficial ownership and corrections to previously filed statements, maintaining market transparency.

Key Dates

DateDescription
12/31/2024Date of Event Which Requires Filing of this Statement
03/05/2025Signature date for TD SECURITIES (USA) LLC, COWEN AND COMPANY, LLC, TORONTO DOMINION HOLDINGS USA INC, TD GROUP US HOLDINGS LLC, and TORONTO DOMINION BANK

Keywords

SEC filing, Schedule 13G, beneficial ownership, CUSIP correction, Horizon Space Acquisition II Corp., TD Securities, Cowen and Company, Toronto Dominion Bank, ordinary shares, compliance

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