New Horizon Aircraft LTD 8-K filings

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.

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.

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.

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.

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.

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.

New Horizon Aircraft Ltd. increased the maximum aggregate offering price of its Class A ordinary shares under its Capital on Demand Sales Agreement to $50 million.

Horizon Aircraft announced its first quarter fiscal 2026 results, highlighting progress on its full-scale Cavorite X7 eVTOL prototype and strong liquidity.

New Horizon Aircraft Ltd. has increased its 'Capital on Demand' sales agreement with JonesTrading Institutional Services LLC, allowing for the sale of up to an additional $16.5 million in Class A ordinary shares.

New Horizon Aircraft Ltd. (Horizon Aircraft) announced it has successfully regained compliance with The Nasdaq Stock Market's minimum bid price requirement, ensuring its continued listing.

Horizon Aircraft's Cavorite X7 eVTOL prototype achieves full wing transition, marking a significant step in its development.

New Horizon Aircraft Ltd. shareholders approved the conversion of certain Series A preferred shares into Class A ordinary shares at a special meeting held on February 26, 2025.

New Horizon Aircraft has regained compliance with Nasdaq's Equity Standard and received an extension to meet the minimum bid price requirement.

New Horizon Aircraft reports pro forma stockholders' equity of $7.5 million, aiming to regain compliance with Nasdaq listing standards after a recent financing.

New Horizon Aircraft Ltd. amended its subscription agreement with key investors to include a provision limiting the conversion of preferred shares to common shares to comply with Nasdaq listing rules, pending shareholder approval.

New Horizon Aircraft has secured an $8.4 million strategic investment to bolster its balance sheet and fund the development of its hybrid eVTOL aircraft, the Cavorite X7.

Horizon Aircraft has mutually terminated its forward purchase agreement with Meteora Capital, anticipating a significant gain in its second quarter and simplifying its capital structure.

New Horizon Aircraft's shares and warrants remain listed on Nasdaq while the company appeals the rejection of its compliance plan to avoid delisting.

New Horizon Aircraft Ltd. amended its outstanding warrants to remove a clause that adjusted the exercise price in the event of a dilutive share issuance, in order to comply with Nasdaq listing requirements.

New Horizon Aircraft received a notice from Nasdaq for failing to meet the minimum net income standard and other listing requirements, putting its listing status at risk.

New Horizon Aircraft successfully closed a public offering, raising approximately $2.9 million in gross proceeds.

New Horizon Aircraft has priced a public offering expected to raise $2.9 million, potentially reaching $7.25 million if warrants are fully exercised.

New Horizon Aircraft has received a notice from Nasdaq regarding its share price falling below the minimum $1.00 requirement for continued listing.

Horizon Aircraft reports significant progress in flight testing of its large-scale eVTOL prototype, demonstrating stability and control approaching transition speeds, and remains on track for a 2026 full-scale prototype.

New Horizon Aircraft has filed an amendment to its previous report to include restated audited financial statements for Legacy Horizon, reclassifying capitalized development costs to operating research and development costs.

New Horizon Aircraft has restated its financial statements for the year ended May 31, 2023, and interim periods due to a reclassification of deferred development costs to research and development expenses.

New Horizon Aircraft Ltd. has changed its independent registered public accounting firm from Marcum LLP to MNP LLP, effective April 3, 2024.

New Horizon Aircraft has amended its forward purchase agreement with Meteora, adjusting terms related to prepayment shortfalls, share sales, and registration rights.

New Horizon Aircraft Ltd. files an amendment to its initial 8-K report to include historical financials of Legacy Horizon and pro forma statements following its business combination with Pono Capital Three Inc.

Pono Capital Three and Horizon Aircraft have finalized their business combination, resulting in New Horizon Aircraft Ltd. becoming a publicly traded company.