New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. (Nasdaq: HOVR) is a Canadian hybrid-electric vertical-takeoff-and-landing aircraft developer that completed its business combination with Pono Capital Three Corp in early January 2024, as documented in an 8-K filed on January 5, 2024. Pono Capital Three Corp was sponsored by Pono Capital Corp and completed its IPO in 2022, targeting the advanced air mobility and aerospace sector. Following the closing, New Horizon Aircraft began trading on Nasdaq under the HOVR ticker, bringing its Horizon VTOL aircraft development program into the public markets. Sign up at SpacDesk for full filing history, transaction timelines, and deal analytics on HOVR and hundreds of other SPAC transactions.