Welcome to our dedicated page for New Horizon Aircraft SEC filings (Ticker: HOVR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The New Horizon Aircraft Ltd. (NASDAQ: HOVR) SEC filings page on Stock Titan provides structured access to the company’s regulatory disclosures as it develops the Cavorite X7 hybrid-electric VTOL aircraft. New Horizon Aircraft Ltd., organized under the laws of British Columbia and trading on The Nasdaq Stock Market LLC, files reports and current updates with the U.S. Securities and Exchange Commission that document its business progress, governance, and capital markets activity.
Through this page, users can review Forms 10-K and 10-Q (when filed) for detailed discussions of Horizon Aircraft’s operations, risk factors, and financial condition, including information about its hybrid eVTOL development program, engineering initiatives, and liquidity. Form 8-K current reports capture material events such as business updates, results of operations press releases, changes to capital raising programs, and shareholder meeting outcomes. For example, 8-K filings describe increases to the maximum aggregate offering price under the company’s Capital on Demand Sales Agreement and shareholder approval of the New Horizon Aircraft Ltd. Employee Stock Purchase Plan.
The company’s DEF 14A definitive proxy statement provides insight into corporate governance, including director elections, auditor appointment proposals, and executive compensation disclosures for named executive officers. It also outlines the agenda and voting procedures for the annual meeting of shareholders, which is held in part to satisfy Nasdaq listing and British Columbia corporate law requirements.
On Stock Titan, these filings are supplemented with AI-powered summaries that highlight key points from lengthy documents, helping readers quickly identify items such as development milestones, capital structure changes, or new equity plans. Real-time updates from the SEC’s EDGAR system ensure that new HOVR filings appear promptly, while tools for navigating to Form 4 insider transaction reports and other ownership-related filings make it easier to monitor equity activity by directors and officers.
Investors, analysts, and researchers can use this filings page to follow how New Horizon Aircraft Ltd. reports on its hybrid eVTOL program, governance decisions, and financing strategies over time, with complex regulatory documents distilled into more accessible summaries.
New Horizon Aircraft Ltd. filed a current report to let investors know it has released financial and operating results for the quarter ended November 30, 2025. The company issued a press release on January 14, 2026 and plans to host an earnings call the same day to discuss these quarterly results and provide a business update.
The press release with the detailed numbers and commentary is attached as Exhibit 99.1 to the report. The company notes that this press release and the related disclosure are being furnished rather than filed, which affects how they are treated under U.S. securities laws.
New Horizon Aircraft Ltd. is a pre-revenue aerospace company developing a hybrid-electric eVTOL aircraft and reported a net loss of 19,553 (in thousands of Canadian dollars) for the six months ended November 30, 2025, compared with net income of 16,753 in the prior-year period, largely due to higher research and development and the absence of prior-period fair value gains.
Cash and cash equivalents increased to 24,304 (in thousands of Canadian dollars) from 7,547 as the company raised 19,092 through its at-the-market Sales Agreement and 3,282 from warrant exercises in the six-month period. Research and development spending rose to 5,327 from 724, reflecting hiring and full-scale prototype work, while general and administrative expenses were 5,700 versus 5,255.
Management states it has sufficient cash for at least 12 months but notes substantial doubt about meeting the going concern assumption beyond that without additional capital. The company successfully secured participation in Canada’s INSAT program for a 10,500 project (with up to 40% reimbursement) and remains in a research and flight-testing phase, targeting a full-scale demonstrator by 2027. Management also discloses a material weakness in internal control over financial reporting related to separation of financial responsibilities and is working toward remediation.
New Horizon Aircraft Ltd. (HOVR) reported results of its 2025 annual shareholder meeting. Shareholders approved the New Horizon Aircraft Ltd. Employee Stock Purchase Plan (ESPP), which lets eligible employees buy Class A ordinary shares through payroll contributions that are matched by the company, up to a set percentage of base salary, with shares acquired via open-market purchases.
On the record date, there were 43,355,189 Common Shares issued and outstanding, and 23,407,298 votes, or about 53.99% of eligible votes, were represented, forming a quorum. Two Class II directors, John Maris and Jameel Janjua, were elected, and shareholders ratified the appointment of MNP LLP as auditor and independent registered public accounting firm for the fiscal year ending May 31, 2026. The company also noted it issued a press release on November 26, 2025.
New Horizon Aircraft Ltd. (HOVR) increased its equity distribution capacity. On October 31, 2025, the company raised the maximum aggregate offering price of its Class A ordinary shares issuable under its Capital on Demand Sales Agreement with JonesTrading Institutional Services LLC to up to $50,000,000, including shares previously sold. From and after this date, the remaining capacity under the program is $35,124,537.
The company filed a prospectus supplement in connection with the increase and provided a legal opinion covering the shares as Exhibit 5.1. This update provides flexibility to sell additional common shares over time pursuant to the existing agreement with JonesTrading.
New Horizon Aircraft Ltd. increased its at-the-market (ATM) offering to up to $50,000,000 of Common Shares under its Sales Agreement with JonesTrading. The company is no longer limited by General Instruction I.B.6 of Form S-3 after its public float rose above $75.0 million.
From March 25, 2025 through this supplement, the company sold 6,944,498 Common Shares for an aggregate purchase price of $14,875,463 under prior capacity. Following this increase, remaining ATM capacity is $35,124,537 as of this supplement’s date. The Common Shares trade on Nasdaq as “HOVR”; the last reported sale price on October 30, 2025 was $2.28 per share.
New Horizon Aircraft Ltd. (HOVR) will hold its annual meeting online on November 25, 2025 at 10:00 a.m. ET. Shareholders will vote to elect two Class II directors (John Maris and Jameel Janjua), appoint MNP LLP as auditor and independent registered public accounting firm for the year ending May 31, 2026, and approve the Employee Stock Purchase Plan.
The record date is October 21, 2025, when 43,355,189 Class A ordinary shares were outstanding and entitled to one vote per share. The meeting is virtual-only at https://www.cstproxy.com/newhorizonaircraft/2025 and requires a 12‑digit control number to participate.
The Board recommends a FOR vote on each nominee and on Proposals 2 and 3. Brokers may exercise discretion only on the auditor ratification. Voting is available by internet, telephone, mail, or during the live webcast for eligible holders.
New Horizon Aircraft Ltd. (HOVR) will hold its virtual annual meeting on November 25, 2025 at 10:00 a.m. ET. Shareholders will vote on three items: electing two Class II directors (John Maris and Jameel Janjua) to serve until the 2028 meeting, appointing MNP LLP as auditor and independent registered public accounting firm for the year ending May 31, 2026, and approving the Company’s Employee Stock Purchase Plan.
The record date is October 21, 2025. A quorum requires holders representing 33 1/3 percent of the voting power. The Board recommends voting FOR all proposals. The meeting is accessible via https://www.cstproxy.com/newhorizonaircraft/2025 using the 12‑digit control number.
Audit fees disclosed: MNP billed CAD 166k in audit fees, CAD 44k audit-related, and CAD 17k tax fees for fiscal 2025; for 2024, MNP billed CAD 54k audit and CAD 35k tax. Prior auditor Marcum billed CAD 271k audit and CAD 55k audit-related for 2024.
New Horizon Aircraft (HOVR) CEO and director Eric Brandon Robinson reported insider transactions on a Form 4. He sold 140,000 Class A Ordinary Shares on 10/14/2025 at a weighted average price of $3.838, with trades ranging from $3.680 to $4.000. He also reported a sale of 100,000 shares on 10/15/2025 at a weighted average price of $3.42, with trades ranging from $3.600 to $3.980.
Following these transactions, 1,372,510 shares were indirectly held through Robinson Family Ventures Inc., and 468,118 shares were held directly, which includes 639 acquired under the employee share purchase plan. For the 10/15 transaction, he noted no economic interest in the shares sold, which were the sole property of Brian Robinson at the time of sale.
New Horizon Aircraft Ltd. (HOVR) disclosed an insider transaction on a Form 4. Chief Executive Officer Brian Frederick Merker reported a sale of 46,000 Class A Ordinary Shares at a price of $4 per share on 10/15/2025 (Transaction Code: S).
Following this sale, Merker beneficially owns 265,286 shares directly. This balance includes 3,345 shares acquired under New Horizon Aircraft Ltd.'s employee share purchase plan, as noted in the footnote.
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