New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. (Nasdaq: HOVR) is a Canadian advanced air mobility company focused on developing hybrid-electric vertical take-off and landing aircraft, highlighted by its Cavorite X7 platform. The company entered the public markets in early 2023 through a de-SPAC merger with Pono Capital Three Corp., a blank-check vehicle that completed its initial public offering in 2022 and was sponsored by Pono Capital Partners. Following the close of that transaction, the combined company filed a Form 10-Q with the SEC on May 15, 2023, covering its first full quarter as a publicly listed aerospace and emerging-aviation issuer. Visit SpacDesk and sign up for full filing history, SPAC analytics, and real-time data on HOVR and hundreds of other SPAC-related names.