STOCK TITAN

New Horizon Aircraft (HOVR): Alyeska group reports 4.15M-share, 6.72% ownership stake

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G

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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Beneficially owned shares 4,148,433 shares Class A Ordinary Shares beneficially owned as of 30 June 2026
Ownership percentage 6.72% Percent of New Horizon Aircraft Class A Ordinary Shares
Common shares held 1,987,536 shares Portion of beneficial ownership in common stock
Shares via pre-funded warrants 2,160,897 shares Shares issuable upon exercise of pre-funded warrants
Shares outstanding baseline 61,762,932 shares Common shares outstanding referenced from Form 424B5 dated 27 May 2026
beneficially own financial
"As of 30 June 2026, the Reporting Persons beneficially own 4,148,433 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pre-funded warrants financial
"2,160,897 shares issuable upon exercise of pre-funded warrants"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
shared voting power financial
"Shared Voting Power 4,148,433.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 4,148,433.00"
Joint Filing Statement regulatory
"JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)"

FAQ

What percentage of New Horizon Aircraft (HOVR) does Alyeska report owning?

Alyeska-related reporting persons collectively report beneficial ownership of 6.72% of New Horizon Aircraft’s Class A Ordinary Shares, representing 4,148,433 shares based on 61,762,932 shares outstanding referenced from a May 27, 2026 Form 424B5.

How many New Horizon Aircraft (HOVR) shares does Alyeska beneficially own?

The reporting persons beneficially own 4,148,433 shares tied to New Horizon Aircraft, including 1,987,536 shares of common stock and 2,160,897 shares issuable upon exercise of pre-funded warrants, all attributed to Alyeska Master Fund, L.P.

What type of securities in New Horizon Aircraft (HOVR) does Alyeska hold?

The position includes both common stock and pre-funded warrants: 1,987,536 common shares and 2,160,897 shares issuable upon exercise of pre-funded warrants, giving exposure to New Horizon Aircraft’s Class A Ordinary Shares.

Who exercises voting and investment control over Alyeska’s New Horizon Aircraft (HOVR) position?

Alyeska Investment Group, L.P., as investment manager to Alyeska Master Fund, L.P., exercises voting and investment control over the 4,148,433 shares. The filing reports shared voting and dispositive power and no sole power.

Does Anand Parekh personally claim beneficial ownership of New Horizon Aircraft (HOVR) shares?

Anand Parekh may be deemed a beneficial owner of the New Horizon position due to his role as CEO of Alyeska Investment Group, L.P., but he expressly disclaims beneficial ownership of these shares in the filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





64550A107

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Alyeska Investment Group, L.P.
Signature:Jason Bragg
Name/Title:Jason Bragg | Chief Financial Officer
Date:08/14/2026
Alyeska Fund GP, LLC
Signature:Jason Bragg
Name/Title:Jason Bragg | Chief Financial Officer
Date:08/14/2026
Anand Parekh
Signature:Anand Parekh
Name/Title:Anand Parekh | Self
Date:08/14/2026
Exhibit Information

As of 30 June 2026, the Reporting Persons beneficially own 4,148,433 shares of Common Stock, consisting of (i) 1,987,536 shares of Common Stock and (ii) 2,160,897 shares issuable upon exercise of pre-funded warrants. The number of shares of Common Stock outstanding (61,762,932) is based on the Form 424B5 dated 27 May 2026. Position held by Alyeska Master Fund, L.P. Alyeska Investment Group, L.P., as investment manager, exercises voting and investment control over the shares held by Alyeska Master Fund, L.P. Anand Parekh, as Chief Executive Officer of Alyeska Investment Group, L.P., may be deemed the beneficial owner of such shares. Mr. Parekh disclaims beneficial ownership of such shares. JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.