New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. (Nasdaq: HOVR) is a Canadian advanced air mobility company developing hybrid-electric vertical takeoff and landing aircraft, with its flagship Cavorite X7 platform targeting both commercial and defense markets. The company reached the public markets through a de-SPAC merger with Pono Capital Three Corp., a blank-check vehicle sponsored by Pono Capital Group that completed its IPO in 2022. As of the 10-Q filed August 10, 2023, New Horizon operates as a post-merger reporting company in the aerospace and emerging air mobility sector. Sign up at SpacDesk for full filing history, deal analytics, and real-time data on HOVR and thousands of other SPAC transactions.