New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. (Nasdaq: HOVR) is a Canadian aerospace company developing hybrid-electric vertical take-off and landing aircraft, most notably its Cavorite X7 platform targeting commercial and defence markets. The company reached public markets through a business combination with Pono Capital Three Corp, a blank-check vehicle sponsored by Pono Capital, LLC, which completed in early 2024 following Pono Capital Three's 2022 IPO. Operating in the advanced air mobility sector, HOVR has since traded on Nasdaq as an independent publicly listed company and filed the referenced 8-K with the SEC on May 11, 2026. Sign up at SpacDesk for full filing history, deal analytics, and real-time data on HOVR and the broader SPAC universe.