New Horizon Aircraft CFO Buys 751 Shares, Expands Position to 32,351 Shares
Brian Frederick Merker, Chief Financial Officer of New Horizon Aircraft Ltd. (HOVR), reported a purchase of 751 Class A Ordinary Shares on June 23, 2025.
Rhea-AI Filing Summary
Brian Frederick Merker, Chief Financial Officer of New Horizon Aircraft Ltd. (HOVR), reported a purchase of 751 Class A Ordinary Shares on June 23, 2025. The shares were acquired at a weighted average price of $2.25 per share, with actual transaction prices ranging from $2.250 to $2.310.
Following this transaction, Merker's direct ownership increased to 32,351 shares. The purchase was executed through multiple transactions, and the reporting person has committed to provide detailed price information for each transaction upon request from the company, shareholders, or SEC staff.
Key Transaction Details:
- Transaction Type: Direct Purchase
- Security Type: Class A Ordinary Shares
- Ownership Form: Direct
- Filing Date: June 28, 2025
- Transaction Date: June 23, 2025
Positive
- CFO Brian Frederick Merker purchased 751 shares at an average price of $2.25, demonstrating insider confidence through direct market purchase
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares without par value | 751 | $2.25 | $2K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.250 to $2.310, inclusive. The reporting person undertakes to provide to New Horizon Aircraft Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
FAQ
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When did New Horizon Aircraft (HOVRW) CFO Brian Merker report his insider purchase to the SEC?
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