New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. (Nasdaq: PTHR) is a Canadian aerospace company developing hybrid-electric vertical takeoff and landing aircraft, most notably its Cavorite X7 platform. The company reached public markets through a business combination with Pono Capital Three Corp, a blank-check vehicle sponsored by Pono Capital Partners that completed its IPO in 2022. On June 24, 2024, New Horizon filed an S-1/A amendment with the SEC, continuing the post-merger registration process for the combined entity. Operating in the advanced air mobility sector, the company targets both commercial and defense applications for its hybrid-electric aircraft technology. For full filing history, deal metrics, and real-time SPAC analytics on PTHR and hundreds of other transactions, sign up for complete access at SpacDesk.