New Horizon Aircraft (HOVR): Alyeska group reports 4.15M-share, 6.72% ownership stake
Rhea-AI Filing Summary
New Horizon Aircraft Ltd. has a significant shareholder group led by Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh, reporting beneficial ownership of 4,148,433 Class A Ordinary Shares as of 30 June 2026. This represents 6.72% of the company’s Class A Ordinary Shares, based on 61,762,932 shares outstanding referenced from a May 27, 2026 Form 424B5.
The position consists of 1,987,536 shares of common stock and 2,160,897 shares issuable upon exercise of pre-funded warrants, all held through Alyeska Master Fund, L.P. Voting and investment power over these securities is shared, with no sole voting or dispositive power reported. Alyeska Investment Group, L.P. exercises voting and investment control over the fund’s holdings; Anand Parekh may be deemed a beneficial owner due to his role but disclaims beneficial ownership. The filing is made as a joint statement under Rule 13d-1(k).
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Key Figures
Key Terms
beneficially own financial
pre-funded warrants financial
Joint Filing Statement regulatory
FAQ
What percentage of New Horizon Aircraft (HOVR) does Alyeska report owning?
What type of securities in New Horizon Aircraft (HOVR) does Alyeska hold?
Who exercises voting and investment control over Alyeska’s New Horizon Aircraft (HOVR) position?
Does Anand Parekh personally claim beneficial ownership of New Horizon Aircraft (HOVR) shares?
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