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New Horizon Aircraft Ltd. Warrant 424B Filings

HOVRW NASDAQ

Every 424B that New Horizon Aircraft Ltd. Warrant (HOVRW) has filed with the SEC in the last 12 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 424B covers the supplement that carries the terms of a priced offering, so if you follow HOVRW 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 HOVRW filings page.

Rhea-AI Summary

New Horizon Aircraft Ltd. (HOVR) has filed a prospectus supplement for an at-the-market offering of up to $50,000,000 of its Class A common shares under a Capital on Demand Sales Agreement with JonesTrading Institutional Services LLC. JonesTrading will act as sales agent or principal and may receive up to 3.0% of gross proceeds as commission.

The company’s common shares trade on Nasdaq under “HOVR,” with a last reported price of $1.81 on August 27, 2026, and had 67,123,941 shares outstanding as of that date. Proceeds, if any, are intended for aircraft development and general corporate and working-capital purposes. The filing highlights significant potential dilution from existing options, warrants, preferred shares and equity incentive plans, and it discloses substantial doubt about the company’s ability to continue as a going concern beyond 12 months without additional capital.

Rhea-AI Summary

New Horizon Aircraft Ltd. is amending its prior prospectus supplements to reduce the maximum aggregate amount of Class A ordinary shares available for sale under its Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC from $50,000,000 to $28,000,000. The supplement states that $6,567,156 remains available for sale from and after the supplement date. The company’s Common Shares trade on Nasdaq under the symbol HOVR, with a reported last sale price of $3.14 on May 22, 2026. This supplement amends and supersedes portions of the prior prospectus supplements and is conditioned on the terms set forth in the Sales Agreement.

Rhea-AI Summary

New Horizon Aircraft Ltd. is conducting a registered direct offering of 9,254,889 Class A ordinary shares at $2.15 per share and will issue 277,647 Placement Agent Warrants exercisable at $2.4725 for five years. Net proceeds are expected to be approximately $18.5 million USD, with settlement targeted on or about May 8, 2026. The company intends to use proceeds to fund and accelerate development and buildout of the Cavorite X7 aircraft program and for general corporate and working capital purposes.