New Horizon Aircraft Ltd. (Nasdaq: PTHR) is a Canadian aerospace company developing the Cavorite X7 hybrid-electric regional aircraft. The company entered the public markets through a merger with Pono Capital Three Corp, a blank-check vehicle sponsored by Pono Capital LLC that completed its IPO in 2022. The de-SPAC transaction closed in 2023, bringing New Horizon Aircraft into public markets under the PTHR ticker. The company filed an 8-K current report with the SEC on May 11, 2026, disclosing material corporate developments. New Horizon Aircraft operates in the sustainable aviation and advanced air mobility sector, targeting the regional hybrid-electric aircraft market. Sign up at SpacDesk for complete filing history, real-time alerts, and in-depth SPAC analytics on PTHR.