New Horizon Aircraft Ltd

Pono Capital Three, Inc. (Nasdaq: PTHR), a blank-check company sponsored by Pono Capital and launched via IPO in 2022, completed its business combination with New Horizon Aircraft Ltd, a Canadian developer of hybrid-electric vertical and short takeoff and landing aircraft. The deal, announced in August 2023, brought New Horizon into the public markets under the aerospace and advanced air mobility sector. The transaction is now closed, with the combined company trading publicly following the merger. Investors and analysts tracking SPAC activity across the aerospace and defense space can access full filing histories, deal timelines, and company data for PTHR by signing up for complete coverage on SpacDesk.

SPAC Counterparty (1)