New Horizon Aircraft LTD

Market Movers (8-K)

NASDAQ
New Horizon Aircraft Ltd. announced its fiscal year 2026 results, highlighting a strengthened balance sheet with $78.3 million in cash and continued progress on its Cavorite X7 VTOL aircraft development.
Capital raise
NASDAQ
New Horizon Aircraft Ltd. announced the pricing of a registered direct offering of shares and pre-funded warrants, raising approximately $25 million to fund its Cavorite X7 prototype development.
Capital raise
NASDAQ
New Horizon Aircraft Ltd. announced the successful closing of its registered direct offering, raising approximately $20 million to fund the development of its Cavorite X7 VTOL aircraft.
Capital raise
NASDAQ
New Horizon Aircraft Ltd. announced its third quarter fiscal year 2026 financial and operational results, highlighting strong liquidity and progress in the development of its Cavorite X7 VTOL aircraft.
Capital raise
NASDAQ
Horizon Aircraft reports significant development progress on its Cavorite X7, strengthened liquidity, and a new $10.5 million grant in its Q2 fiscal 2026 results.
Capital raise
Better than expected
NASDAQ
New Horizon Aircraft Ltd. shareholders approved an Employee Stock Purchase Plan and elected directors, including test pilot-astronaut Jameel Janjua, at its 2025 annual meeting.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
New Horizon Aircraft Ltd. reports increased R&D spending for its eVTOL prototype, with cash reserves projected to last 12 months, but future funding remains a concern.
Capital raise
Worse than expected
NASDAQ
New Horizon Aircraft Ltd. reported a significant increase in net loss for the quarter and six months ended November 30, 2025, driven by accelerated research and development for its eVTOL aircraft, while bolstering liquidity through equity sales and grants.
Capital raise
Worse than expected
NASDAQ
New Horizon Aircraft Ltd. reported a net loss of $10.9 million CAD for the quarter ended August 31, 2025, while significantly increasing its cash position to $16.27 million CAD.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft Ltd. reports a net income of $11.8 million for the nine months ended February 28, 2025, primarily due to a gain from the termination of a forward purchase agreement, while facing going concern uncertainties.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft reports a net income of $16.75 million for the six months ended November 30, 2024, primarily driven by the termination of a Forward Purchase Agreement, while acknowledging substantial doubt about its ability to continue as a going concern without additional capital.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft reported a significant increase in operating expenses and a net loss for the quarter ended August 31, 2024, as it continues to develop its eVTOL technology.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
New Horizon Aircraft Ltd. outlines its progress in developing the Cavorite X7 hybrid-electric eVTOL aircraft, detailing its technology, market strategy, and financial status.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft Ltd. reported a net income of $5.2 million for fiscal year 2025, driven by a significant gain from the termination of a Forward Purchase Agreement, while continuing to advance its Cavorite X7 hybrid-electric eVTOL aircraft towards certification and commercialization.
Capital raise
Worse than expected
NASDAQ
New Horizon Aircraft Ltd. files an amendment to its annual report on Form 10-K to include the report of an independent registered public accounting firm and updated certifications.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft Ltd. releases its annual report, detailing financial performance, operational progress, and strategic plans for its hybrid eVTOL aircraft development.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft Ltd. outlines its share structure, warrant terms, and corporate governance in a recent SEC filing.

Insider Trading (Form 4)

NASDAQ
Stewart Murray Lee, Head of People and Strategy of New Horizon Aircraft Ltd., reported multiple transactions in common stock on May 26, 2026.
NASDAQ
Jason Michael O'Neill, Chief Operating Officer of New Horizon Aircraft Ltd., reported multiple transactions in common stock on May 26, 2026.
NASDAQ
Brian Frederick Merker, Chief Financial Officer of New Horizon Aircraft Ltd., reported multiple transactions in common stock on May 26, 2026.
NASDAQ
Eric Brandon Robinson, Chief Executive Officer and a Director of New Horizon Aircraft Ltd., reported multiple transactions in common stock on May 26, 2026.
NASDAQ
New Horizon Aircraft Ltd. granted 250,000 Performance Share Units to Stewart Murray Lee, Head of People and Strategy, with vesting tied to market capitalization and relative stock performance.
NASDAQ
New Horizon Aircraft Ltd.'s Chief Operating Officer, Jason Michael O'Neill, was granted 250,000 performance share units with vesting tied to market capitalization and relative stock performance.

Proxy Statements (Def-14A)

NASDAQ
New Horizon Aircraft Ltd. announces its 2025 Annual Meeting of Shareholders to vote on director elections, auditor appointment, and an Employee Stock Purchase Plan.
Capital raise
NASDAQ
New Horizon Aircraft is holding a special meeting to obtain shareholder approval for the conversion of Series A preferred shares into Class A ordinary shares, as required by Nasdaq listing rules.
NASDAQ
New Horizon Aircraft Ltd. will hold its annual shareholder meeting on December 17, 2024, to vote on director re-elections, auditor appointment, equity plan changes, and share structure amendments.
Capital raise

New Public Companies (S-1)

NASDAQ
New Horizon Aircraft Ltd. plans to raise up to $3.5 million through a public offering of Class A ordinary shares and warrants to fund working capital and general corporate purposes.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft Ltd. plans to raise up to $3.5 million through a public offering of Class A ordinary shares and warrants.
Capital raise
NASDAQ
New Horizon Aircraft Ltd. is offering Class A ordinary shares and warrants to raise capital for working capital and general corporate purposes.
Delay expected
Capital raise
NASDAQ
New Horizon Aircraft Ltd. is registering for a primary offering of Class A ordinary shares upon warrant exercises and a secondary offering of existing shares and warrants.
Worse than expected
Capital raise
NASDAQ
New Horizon Aircraft Ltd. files an amendment to its S-1 registration statement, outlining potential sales of Class A ordinary shares and warrants by existing security holders, as well as the issuance of shares upon warrant exercises.
Capital raise
Worse than expected
NASDAQ
New Horizon Aircraft Ltd. seeks to raise up to $155 million through a primary and secondary offering of Class A ordinary shares and warrants, aiming to fund its eVTOL aircraft development and provide liquidity for existing securityholders.
Worse than expected
Delay expected
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Dustin Shindo reports a reduction in beneficial ownership of New Horizon Aircraft Ltd. shares to 4.1% following recent sales and share dilution.
Capital raise
NASDAQ
Dustin Shindo and Mehana Capital LLC have updated their beneficial ownership in New Horizon Aircraft Ltd., reflecting a reduction in their collective stake and recent share sales by Mr. Shindo.
Worse than expected

Schedule 13G - Passive Investments

NASDAQ
William George Brumder II has filed a Schedule 13G disclosing beneficial ownership of 1.6% of New Horizon Aircraft Ltd. Class A Ordinary Shares.
NASDAQ
Grip Investments Limited has filed an amendment to its Schedule 13G, reporting a 3.6% beneficial ownership in New Horizon Aircraft Ltd.'s Class A Ordinary Shares.
Worse than expected
NASDAQ
Canso Investment Counsel Ltd. has increased its beneficial ownership in New Horizon Aircraft Ltd. to 25.3% of Class A Ordinary Shares.
NASDAQ
William George Brumder II has disclosed a beneficial ownership of 8.6% in New Horizon Aircraft Ltd.'s Class A Ordinary Shares, including shares underlying warrants.
NASDAQ
Canso Investment Counsel Ltd. has filed an amended Schedule 13G, reporting beneficial ownership of 33.5% of New Horizon Aircraft Ltd.'s Class A Ordinary Shares.
NASDAQ
Canso Investment Counsel Ltd. has filed an amended Schedule 13G, disclosing a beneficial ownership of 18.6% of New Horizon Aircraft Ltd.'s Class A Ordinary Shares.