| Horizon Aircraft Welcomes Former Rolls-Royce Propulsion Expert Justin Chapman as Senior Technical Advisor |
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of one of the world's first operationally-focused hybrid-eVTOL (electric Vertical Take-Off and Landing) aircraft, announced today that Justin Chapman will be supporting the Company in a senior advisory capacity, contributing his extensive expertise to the technical development of aircraft systems, including electronics, batteries, and electric propulsion. Mr. Chapman brings decades of engineering leadership and deep domain knowledge to Horizon Aircraft. |
globenewswire.com |
2025-05-07 12:30:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft Announces Exercise of Warrants, Providing an Additional $2.7 Million in Gross Proceeds |
~ Further Secures Balance Sheet, This Second Capital Infusion in Last 30 Days Totals $11.1 Million ~ TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today the exercise of 2.5 million warrants for gross proceeds of approximately $2.7 million. |
globenewswire.com |
2025-01-08 10:00:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft Secures $8.4 Million Strategic Investment |
~ Deepens Investor's Dedication to Horizon Aircraft Supporting Continued Operations and Development ~ TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today it has received an investment from a strategic investor (the “Investor”) and aerospace supporter, for aggregate proceeds of $8.4 million (the “Investment”). |
globenewswire.com |
2024-12-20 18:05:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft to Participate in the 13th Annual Roth Technology Conference |
TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that Brandon Robinson, CEO, and Jason O'Neill, COO, will participate in the 13th Annual Roth Technology Conference being held November 19 - 20, 2024, at the Hard Rock Hotel in New York City. Horizon Aircraft's management team will conduct one-on-one and small group meetings on Wednesday, November 20. |
globenewswire.com |
2024-11-06 18:15:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft to Participate in the LD Micro Main Event XVII Investor Conference |
Toronto, Ontario--(Newsfile Corp. - October 16, 2024) - New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a leading hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, announced today that it will participate in the LD Micro Main Event XVII Investor Conference, being held on October 28-30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. |
newsfilecorp.com |
2024-10-16 20:15:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft to Exhibit Hybrid eVTOL at the Japan International Aerospace Exhibition 2024 |
TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that it will attend the Japan International Aerospace Exhibition 2024 (“JA2024”) being held October 16 to 19, 2024 in Tokyo, Japan at the Tokyo Big Site. |
globenewswire.com |
2024-10-09 20:15:00 |
Czytaj oryginał (ang.) |
| New Horizon Aircraft Announces Closing of $2.9 Million Public Offering |
TORONTO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), today closed its previously announced underwritten public offering of (i) 2,800,000 of its Class A ordinary shares, no par value per share, and accompanying warrants to purchase up to 2,800,000 of its Class A ordinary shares, and (ii) to certain investors, pre-funded warrants to purchase up to an aggregate of 3,000,000 Class A ordinary shares and accompanying warrants to purchase up to an aggregate of 3,000,000 Class A ordinary shares. Each Class A ordinary share and accompanying warrant are being sold together at a combined public offering price of $0.50, and each pre-funded warrant and accompanying warrant are being sold together at a combined public offering price of $0.50. Each Warrant will have an exercise price $0.75 per share, be exercisable immediately upon issuance and expire five years from the date of issuance. Each pre-funded warrant will have an exercise price of $0.00001 per share and will be exercisable immediately after the original issue date until the pre-funded warrant is exercised in full. The gross proceeds to Horizon Aircraft from the offering, before deducting the underwriting discounts and other offering expenses, are approximately $2.9 million, assuming no exercise of warrants, and up to approximately $7.25 million, assuming the warrants are exercised in full for cash. |
globenewswire.com |
2024-08-21 20:05:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer |
Tom Brassington joins from Lilium, bringing significant eVTOL industry experience Tom Brassington joins from Lilium, bringing significant eVTOL industry experience |
globenewswire.com |
2024-08-21 12:30:00 |
Czytaj oryginał (ang.) |
| New Horizon Aircraft Announces Pricing of $2.9 Million Public Offering |
TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, today announced the pricing of an underwritten public offering of (i) 2,800,000 of its Class A ordinary shares, no par value per share, and accompanying warrants to purchase up to 2,800,000 of its Class A ordinary shares, and (ii) to certain investors, pre-funded warrants to purchase up to an aggregate of 3,000,000 Class A ordinary shares and accompanying warrants to purchase up to an aggregate of 3,000,000 Class A ordinary shares. Each Class A ordinary share and accompanying warrant are being sold together at a combined public offering price of $0.50, and each pre-funded warrant and accompanying warrant are being sold together at a combined public offering price of $0.50. Each Warrant will have an exercise price $0.75 per share, be exercisable immediately upon issuance and expire five years from the date of issuance. Each pre-funded warrant will have an exercise price of $0.00001 per share and will be exercisable immediately after the original issue date until the pre-funded warrant is exercised in full. The gross proceeds to Horizon Aircraft from the offering, before deducting the underwriting discounts and other offering expenses, are expected to be approximately $2.9 million, assuming no exercise of warrants, and up to approximately $7.25 million, assuming the warrants are exercised in full for cash. The offering is expected to close on August 21, 2024, subject to customary closing conditions. |
globenewswire.com |
2024-08-20 10:00:00 |
Czytaj oryginał (ang.) |
| Why Is New Horizon Aircraft (HOVR) Stock Down 6% Today? |
New Horizon Aircraft (NASDAQ: HOVR ) stock is falling on Wednesday after the aerospace original equipment manufacturer company's shares underwent a rally yesterday. That saw shares of HOVR stock close out normal trading hours on Tuesday up 32.2%. |
investorplace.com |
2024-07-17 13:05:36 |
Czytaj oryginał (ang.) |
| Horizon Aircraft to Attend the Farnborough International Airshow 2024 |
TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that it will attend the Farnborough International Airshow 2024 being held July 22-26, 2024 in Farnborough, England at the Farnborough International Exhibition & Conference Centre. The leading international aerospace and defense industry event features five days of unrivalled opportunities to discover the latest pioneering technology and engineering, announce historic partnerships, and collaboratively work towards the cumulative sustainable aerospace vision. |
globenewswire.com |
2024-07-15 20:15:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft Announces Participation in the 2nd Annual Jefferies eVTOL / AAM Summit |
TORONTO, May 23, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that the Company will participate in a virtual fireside chat during the Jefferies eVTOL / AAM Summit on Thursday, May 30, 2024 at 9:10am Eastern Time. |
globenewswire.com |
2024-05-23 12:00:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft Announces Participation in the EF Hutton Annual Global Conference |
Toronto, Ontario--(Newsfile Corp. - May 6, 2024) - New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a leading hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, announced today that the Company will participate in the EF Hutton Annual Global Conference on Wednesday, May 15, 2024, at the Plaza Hotel in New York City. |
newsfilecorp.com |
2024-05-06 20:15:00 |
Czytaj oryginał (ang.) |
| INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of New Horizon Aircraft Ltd. |
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of New Horizon Aircraft Ltd. (“New Horizon” or the “Company”) (NASDAQ: HOVR, HOVRW) investors concerning the Company's possible violations of federal securities laws. On April 22, 2024, New Horizon disclosed that previously issued financial statements for the year ended May 31, 2023 and the period ended August 31, 2023 should no longer be relied upon due to “the deferred development costs recorde. |
businesswire.com |
2024-05-02 00:53:00 |
Czytaj oryginał (ang.) |
| The Law Offices of Frank R. Cruz Announces Investigation of New Horizon Aircraft Ltd. |
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of New Horizon Aircraft Ltd. (“New Horizon” or the “Company”) (NASDAQ: HOVR, HOVRW) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On April 22, 2024, New Horizon disclosed that previously issued financial statements for the year ended May 31, 2023 and the period ended August 31, 2023 sh. |
businesswire.com |
2024-04-29 22:38:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft Provides Corporate Update |
~ Substantive Progress in the Transition to Forward Flight Test Program of the Company's Large-Scale Prototype eVTOL Aircraft ~ |
globenewswire.com |
2024-04-16 12:30:00 |
Czytaj oryginał (ang.) |
| Japanese Investors Believe Increased Global Urbanisation is Set to Fuel Growth in eVTOL Sector |
65% of Japanese professional investors believe the need to address transportation issues amidst increasing urban populations will be a key driver of eVTOL market growth |
globenewswire.com |
2024-03-19 10:00:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft to Participate in the 36th Annual Roth Conference on March 18 and 19, 2024 |
TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today the Company is scheduled to participate in the 36th Annual Roth Conference being held on Monday, March 18th and Tuesday, March 19th at the Ritz Carlton Laguna Niguel in Dana Point, CA. |
globenewswire.com |
2024-03-04 18:15:00 |
Czytaj oryginał (ang.) |
| Horizon Aircraft to Ring the Nasdaq Closing Bell on Thursday, January 25, 2024 to Commemorate Public Listing |
TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, today announced the Company will ring the Nasdaq Closing Bell in Times Square, New York on Thursday, January 25, 2024, in celebration of Horizon Aircraft's recent listing on the Nasdaq Stock Exchange. |
globenewswire.com |
2024-01-24 18:15:00 |
Czytaj oryginał (ang.) |