Horizon Space Acquisition II Corp.(HSPT)Earnings, Financials & Key Ratios

HSPT•NASDAQ

$5.86

29.3× P/E·Price updated Jul 7, 2026

SectorFinancial Services IndustrySPACs & Shell Companies Sub-IndustryGeneralist SPACs and blank checks

AboutHorizon Space Acquisition II Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2023 and is based in New York, New York.Show more

EBITDA-$1M-435.8%
Net Income$2M+1166.1%
EPS (Diluted)0.20+1036.4%
ROE2.56%+1150.0%

HSPT Price & Volume

Horizon Space Acquisition II Corp. (HSPT) stock price & volume — 10-year historical chart

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Critical Liquidity Erosion Threatens Shell Entity Viability

Investment Thesis • Updated 2026Q1

VerdictNegative

Growth:Contracting

Profitability:Negative

Financial:Vulnerable

Cash Flow:Burning

Primary Risk:Imminent insolvency and liquidation

Key Thesis Takeaways

Horizon Space Acquisition II Corp.
operates as a pre-combination shell entity currently devoid of operational revenue, relying entirely on non-operating accounting adjustments to manage its financial profile.
The company faces an imminent liquidity crisis as cash reserves have dwindled to a nominal $7,917, while its debt-to-equity ratio has spiked to 8.83 as of 2026Q1.
Investors should exercise extreme caution given the lack of a clear business combination target and the rapid depletion of the firm's capital base.

Verdict Logic

the company's current ratio of 0.00 and nominal cash position of $7,917 suggest an extreme risk of insolvency that outweighs any potential speculative upside from a future business combination.

HSPT Growth Metrics

Horizon Space Acquisition II Corp. (HSPT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

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EPS CAGR

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Return on Capital

10 Years-0.91%

5 Years-0.91%

3 Years-0.91%

Last Year-1.53%

Peers Comparison

Key metrics vs top competitors for Horizon Space Acquisition II Corp. (HSPT)

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Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
HSPTHorizon Space Acquisition II Corp.Current	$5.86	$46.39M	29.30	—	—	2.56%	7.15%
GNPXGenprex, Inc.	$0.59	$964.42K	-0.03	—	—	-247.33%	—
ACICAmerican Coastal Insurance Corporation	$11.52	$558.31M	5.36	13.07%	31.34%	33.02%	—
SPCEVirgin Galactic Holdings, Inc.	$2.57	$160.32M	-0.47	-78.06%	-19781.3%	-105.02%	—
RKTRocket Companies, Inc.	$14.63	$41.32B	-532.00	27.37%	2.82%	1.53%	—
ASTSAST SpaceMobile, Inc.	$74.21	$22.17B	-55.38	1505.21%	-573.67%	-24.87%	—