Horizon Aircraft Regains Compliance with Nasdaq Capital Market Listing Requirements
Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid eVTOL aircraft, has announced that it has regained compliance with Nasdaq Capital Market's minimum bid price requirement under Listing Rule 5550(a)(2). The company, which specializes in advanced aerospace engineering and is developing one of the world's first hybrid electric Vertical Take-Off and Landing aircraft, has successfully resolved its listing compliance issues with Nasdaq.
Horizon Aircraft (NASDAQ: HOVR), sviluppatore di velivoli ibridi eVTOL, ha annunciato di aver ristabilito la conformità al requisito minimo del prezzo di offerta del Nasdaq Capital Market secondo la Regola di Quotazione 5550(a)(2). L'azienda, specializzata in ingegneria aerospaziale avanzata e impegnata nello sviluppo di uno dei primi velivoli ibridi elettrici a decollo e atterraggio verticale al mondo, ha risolto con successo le problematiche di conformità alla quotazione con il Nasdaq.
Horizon Aircraft (NASDAQ: HOVR), desarrollador de aeronaves híbridas eVTOL, ha anunciado que ha recuperado el cumplimiento con el requisito mínimo del precio de oferta del Nasdaq Capital Market según la Regla de Listado 5550(a)(2). La compañía, especializada en ingeniería aeroespacial avanzada y que está desarrollando una de las primeras aeronaves híbridas eléctricas de despegue y aterrizaje vertical del mundo, ha resuelto con éxito sus problemas de cumplimiento de listado con Nasdaq.
Horizon Aircraft (NASDAQ: HOVR)는 하이브리드 eVTOL 항공기 개발업체로서, Nasdaq Capital Market의 최소 입찰가 요건인 상장 규칙 5550(a)(2)를 다시 충족하였음을 발표했습니다. 첨단 항공우주 공학을 전문으로 하며 세계 최초의 하이브리드 전기 수직 이착륙 항공기 중 하나를 개발 중인 이 회사는 Nasdaq 상장 규정 준수 문제를 성공적으로 해결했습니다.
Horizon Aircraft (NASDAQ : HOVR), développeur d’aéronefs hybrides eVTOL, a annoncé avoir retrouvé la conformité avec l’exigence de prix minimum de l’offre du Nasdaq Capital Market selon la règle de cotation 5550(a)(2). La société, spécialisée en ingénierie aérospatiale avancée et développant l’un des premiers aéronefs hybrides électriques à décollage et atterrissage vertical au monde, a résolu avec succès ses problèmes de conformité avec le Nasdaq.
Horizon Aircraft (NASDAQ: HOVR), ein Entwickler von hybriden eVTOL-Flugzeugen, hat bekannt gegeben, dass es die Einhaltung der Mindestgebotspreisanforderung des Nasdaq Capital Market gemäß Listing Rule 5550(a)(2) wiederhergestellt hat. Das Unternehmen, das sich auf fortschrittliche Luft- und Raumfahrttechnik spezialisiert hat und eines der weltweit ersten hybriden elektrischen Senkrechtstart- und -landeflugzeuge entwickelt, hat seine Compliance-Probleme mit der Nasdaq erfolgreich gelöst.
- Regained compliance with Nasdaq listing requirements, reducing delisting risk
- Maintained listing on major exchange, ensuring continued access to capital markets
- Previous non-compliance with minimum bid requirements indicates recent stock price weakness
TORONTO, June 26, 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 the world’s first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, announced today that it received notice from The Nasdaq Stock Market that the Company has regained compliance with the Nasdaq Capital Market’s minimum bid requirement in Listing Rule 5550(a)(2) and that the matter is now closed.
For more information about Horizon Aircraft, please see the Company’s website or watch its innovative technology in action on the Company’s YouTube channel.
About Horizon Aircraft
Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company that is developing one of the world’s first hybrid eVTOL that is to be able to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range, and operational utility. Horizon Aircraft’s unique designs put the mission first and prioritize safety, performance, and utility. Horizon intends to successfully complete testing and certification of its Cavorite X7 eVTOL and then scale unit production to meet expected demand from regional operators, emergency service providers, and military customers.
Visit www.horizonaircraft.com for more information.
Contacts
Investors:
Matt Chesler, CFA
FNK IR
(646) 809-2183
HOVR@fnkir.com
Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
edwina@efgmediarelations.com
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