New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd., listed on Nasdaq under the ticker PTHR, is a Canadian aerospace company developing hybrid-electric vertical take-off and landing aircraft. The company entered the public markets in early 2024 following its business combination with Pono Capital Three Corp, a blank-check vehicle sponsored by Pono Capital LLC that completed its initial public offering in 2022. The combined company filed its first Form 10-K annual report with the SEC on March 28, 2024, covering operations in the advanced air mobility and regional aviation sector. New Horizon Aircraft is developing its Cavorite X7 hybrid-electric aircraft platform aimed at commercial transport applications. Sign up on SpacDesk for complete filing history, deal data, and analytics on PTHR.