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$HOVR

New Horizon Aircraft Ltd.

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MAY 22net (bullish − bearish)MAY 28
Bullish
6
Neutral
1
Bearish
0
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No SEC Form 4 filings for $HOVR in the last 30 days.

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MAY 28·newjerseytelegraph.comHigh

New Horizon Aircraft Ltd. Announces Closing of $25 Million Offering of Common Shares

New Horizon Aircraft (NASDAQ:HOVR) said it has closed a registered direct offering with institutional investors for 9,960,160 Class A ordinary shares (or equivalents). The company expects gross proceeds of about $25 million, before offering expenses. It plans to use net proceeds to fully fund the Cavorite X7 prototype and advance testing, certification, and commercial production. Titan Partners was the sole placement agent.

MAY 28·tennesseedaily.com

New Horizon Aircraft Ltd. Announces Closing of $25 Million Offering of Common Shares

New Horizon Aircraft (NASDAQ:HOVR) said it has closed a registered direct offering with institutional investors for 9,960,160 Class A ordinary shares (or equivalents). Gross proceeds were about $25 million, before offering expenses. The company plans to use net proceeds to complete the Cavorite X7 prototype and move toward testing, certification, and commercial production. Titan Partners was sole placement agent.

MAY 28·torontotelegraph.com

New Horizon Aircraft Ltd. Announces Closing of $25 Million Offering of Common Shares

New Horizon Aircraft Ltd. (NASDAQ:HOVR) said it has closed a registered direct offering raising about $25 million in gross proceeds from the sale of 9,960,160 Class A ordinary shares (or equivalents), before offering expenses. The company plans to use net proceeds to complete the Cavorite X7 prototype and move toward testing, certification, and production. Titan Partners was the sole placement agent.

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