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New Horizon Aircraft Ltd. 8-K Report: Key Insights on Stock and Warrants

$HOVR
Form 8-K
Filed on: 2024-12-20
Source
New Horizon Aircraft Ltd. 8-K Report: Key Insights on Stock and Warrants

Here are the key insights extracted from the provided financial report section:

  1. Entity Information:
  • Company Name: New Horizon Aircraft Ltd.
  • CIK Number: 0001930021
  • Location: 3187 Highway 35, Lindsay, ON K9V 4R1, Canada.
  • Contact Number: 613-866-1935.
  1. Filing Details:
  • Filing Type: 8-K
  • Filing Date: December 17, 2024.
  1. Stock Information:
  • Class of Shares: Class A Ordinary Shares, no par value.
  • Ticker Symbol: HOVR (listed on NASDAQ).
  • Warrants: Each whole warrant is exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share.
  • Warrant Ticker Symbol: HOVRW (listed on NASDAQ).
  1. Financial Reporting Context:
  • The report references specific periods:
    • Reporting Date: December 17, 2024.
    • Warrants Context: The warrants mentioned are tied to the same reporting date.
  1. Units of Measurement:
  • The financial data is reported in U.S. dollars (USD) and shares.

Overall, the report provides essential insights into New Horizon Aircraft Ltd.'s share structure and their warrants, indicating the terms under which these financial instruments can be exercised. This information is particularly relevant for investors and analysts monitoring the company's stock performance and capital structure.