Every 8-K that New Horizon Aircraft Ltd. (HOVR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HOVR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HOVR filings page.
New Horizon Aircraft Ltd. (HOVR) reported a planned Board transition, with Class I director and Audit Committee Chair Trisha Nomura resigning for personal reasons, effective upon the appointment of her successor, and confirming her departure is not due to any disagreement regarding operations, policies, or practices.
On September 4, 2026, the Board appointed Thomas (Tom) Hearne as a Class I director to fill the vacancy and named him Chair of the Audit Committee and a member of the Compensation and Nominating and Corporate Governance Committees, with a term running until the 2027 annual meeting of shareholders. The Board determined that Hearne is independent under SEC, Nasdaq, and Canadian rules, and that he qualifies as an “audit committee financial expert”. Hearne, a Chartered Professional Accountant with more than 30 years of senior technology and capital markets experience, will receive the same compensation arrangements as other non-employee directors.
New Horizon Aircraft Ltd., an advanced aerospace company developing one of the first hybrid-electric VTOL aircraft, reported financial and operational results for the fourth quarter and fiscal year ended May 31, 2026. It highlighted a strengthened balance sheet of $78.3 Million and continued progress on full-scale development of its Cavorite X7 aircraft.
The company scheduled a webcast and conference call on July 16, 2026 at 8:30 a.m. Eastern Time, featuring CEO Brandon Robinson and CFO Brian Merker, to discuss results and provide a business update. The accompanying press release also includes extensive forward-looking statements about funding, testing, certification, production and market opportunities, all subject to significant risks and uncertainties.
New Horizon Aircraft Ltd. closed a registered direct offering of 9,960,160 Class A Ordinary Shares, raising approximately $25 million in gross proceeds. The company plans to use the net proceeds to fully fund completion of its Cavorite X7 hybrid-electric VTOL prototype and move the program toward testing, certification and commercial production.
The offering was made to institutional investors under an effective shelf registration statement on Form S-3 and was placed by Titan Partners as sole placement agent. These steps provide additional capital to support New Horizon Aircraft’s development and certification plans for its Cavorite X7 aircraft platform.
New Horizon Aircraft Ltd. is raising approximately $25.0 million in a registered direct offering of 5,385,646 Class A ordinary shares and pre-funded warrants for 4,574,514 additional Common Shares. The securities are priced at $2.51 per share, with pre-funded warrants priced $0.001 below that and exercisable at $0.001 per share.
The company plans to use the net proceeds to fully fund completion of its Cavorite X7 prototype and move the hybrid-electric eVTOL program toward testing, certification and commercial production. Titan Partners Group is acting as sole placement agent and will receive a 7% cash fee plus equity-based compensation.
New Horizon Aircraft Ltd. closed a registered direct offering of 9,254,889 Class A Ordinary Shares, generating gross proceeds of approximately $20 million.
The company plans to use the net proceeds to fund and accelerate development and buildout of its Cavorite X7 hybrid-electric VTOL aircraft program, and for working capital and general corporate purposes. The transaction was conducted under an effective Form S-3 shelf registration, with Titan Partners acting as sole placement agent.
New Horizon Aircraft Ltd. entered into Securities Purchase Agreements for a registered direct offering of 9,254,889 Class A ordinary shares at $2.15 per share, for approximately $19.9 million in gross proceeds. The company plans to use the net proceeds to fund and accelerate development and buildout of its Cavorite X7 hybrid-electric VTOL aircraft program, and for working capital and general corporate purposes. Closing is expected on or about May 8, 2026, subject to customary conditions. Titan Partners Group is acting as sole placement agent and will receive cash fees and five-year warrants, while the company agreed to a 45-day restriction on most new equity issuances or related registrations.
New Horizon Aircraft Ltd. reported financial and operational results for its third quarter of fiscal 2026, covering the period ended February 28, 2026, and issued an accompanying press release.
The company highlighted a key milestone as its Cavorite X7 hybrid-electric VTOL aircraft moved from the design phase into manufacturing, with management stating they are tracking to complete a full-scale prototype by the end of 2026. New Horizon also scheduled a conference call on April 14, 2026, at 8:30 a.m. Eastern Time to review results and provide a broader business update.
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. (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. reported that it has released its financial and operating results for the quarter ended August 31, 2025. The company announced these quarterly results through a press release dated October 10, 2025, which is provided as Exhibit 99.1. The press release describes the company’s recent financial performance and business operations but is being furnished rather than treated as part of the company’s formally filed reports under U.S. securities laws.