SCHEDULE: Horizon Space Acquisition II Corp. Schedule 13G Filing

Horizon Space Acquisition II Corp. has filed an amended Schedule 13G, reporting zero beneficial ownership of ordinary shares by ATW SPAC Management LLC, Kerry Propper, and Antonio Ruiz-Gimenez as of June 30, 2026.

Summary

• This filing is an amendment to a Schedule 13G for Horizon Space Acquisition II Corp.
• The filing reports on the beneficial ownership of ordinary shares of Horizon Space Acquisition II Corp.
• As of June 30, 2026, ATW SPAC Management LLC, Kerry Propper, and Antonio Ruiz-Gimenez each report 0 shares beneficially owned.
• This represents 0.0% of the class of securities for each reporting person.
• The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest, if any.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 2

Explanation: StockSavvy.ai views this as a neutral filing, primarily a procedural update with no new financial information or strategic shifts.

Positives

• The filing confirms that key individuals and entities associated with ATW SPAC Management LLC do not hold a controlling stake or significant beneficial ownership in Horizon Space Acquisition II Corp. as of the reporting date.
• The certification indicates that the securities are held in the ordinary course of business, suggesting no intent to manipulate or control the issuer.

Negatives

• The filing indicates zero beneficial ownership, which could imply a lack of significant investment or commitment from the reporting persons in the company's ordinary shares.
• The disclaimer of beneficial ownership, except for pecuniary interest, may suggest a complex ownership structure or a lack of direct control.

Risks

• The absence of significant beneficial ownership reported by key management or affiliated entities could be interpreted as a lack of confidence or a signal of potential future divestment, although this is not explicitly stated.
• The filing does not provide any forward-looking statements or strategic updates, leaving the future direction of the company and the reporting persons' involvement unclear.

Future Outlook

No forward-looking statements or specific future outlook are provided in this filing, as it is a disclosure of beneficial ownership.

Management Comments

• "This report shall not be deemed an admission that any of the reporting persons or any other person is the beneficial owner of the securities reported herein, or on previous filings, for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose."
• "Each of the reporting persons disclaims beneficial ownership of the Shares reported herein (or previously reported herein) except to the extent of each of their pecuniary interest, if any, therein."
• "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 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard disclosures for significant beneficial ownership of public companies. This particular filing indicates a lack of such ownership by the named parties, which is a common occurrence for investment managers or entities that may have previously been involved with a SPAC but have since reduced or divested their holdings.

Comparison to Industry Standards

• Schedule 13G filings are a regulatory requirement for entities that beneficially own more than 5% of a class of a company's registered equity securities. This filing indicates that the reporting persons own less than 5% or have disclaimed beneficial ownership.
• The absence of significant beneficial ownership is not unusual for entities that may have participated in SPAC formations or initial public offerings and subsequently reduced their positions.

Stakeholder Impact

• Shareholders: The filing provides clarity on the ownership structure by confirming that ATW SPAC Management LLC, Kerry Propper, and Antonio Ruiz-Gimenez do not hold a significant beneficial ownership stake, which may influence investor perception regarding control and future strategic direction.
• Creditors: No direct impact is indicated, as the filing does not concern the company's financial health or debt obligations.
• Employees: No direct impact is indicated, as the filing focuses on share ownership and not operational changes.

Next Steps

• The reporting persons will continue to monitor their beneficial ownership of Horizon Space Acquisition II Corp. shares and will file amendments to this Schedule 13G as required by SEC regulations.
• Horizon Space Acquisition II Corp. will continue its business operations, the details of which are not specified in this filing.

Key Dates

Keywords

Schedule 13G, Horizon Space Acquisition II Corp., Beneficial Ownership, ATW SPAC Management LLC, Ordinary Shares, SEC Filing, Securities Exchange Act