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New Horizon Aircraft Ltd. Form 8-K Report: Key Insights & Stock Details

$HOVR
Form 8-K
Filed on: 2025-01-13
Source
New Horizon Aircraft Ltd. Form 8-K Report: Key Insights & Stock Details

Based on the provided XML section of a financial report, here are the most important insights and key information extracted:

  1. Entity Information:
  • Company Name: New Horizon Aircraft Ltd.
  • CIK: 0001930021
  • Address: 3187 Highway 35, Lindsay, ON K9V 4R1, Canada
  • Phone: 613-866-1935
  1. Filing Details:
  • Filing Type: Form 8-K
  • Filing Date: January 10, 2025
  • SEC File Number: 001-41607
  • EIN: 98-1786743
  1. Stock Information:
  • Class of Stock: Class A Ordinary Share, no par value
  • Ticker Symbol: HOVR (listed on NASDAQ)
  • Warrants:
    • Each whole warrant is exercisable for one Class A Ordinary Share.
    • Exercise Price: $11.50 per share.
    • Ticker for warrants: HOVRW (listed on NASDAQ).
  1. Context and Period:
  • The context indicates that all information is as of January 10, 2025.
  1. Dimensions and Segmentation:
  • The report includes various dimensions for class of stock, specifying ordinary shares and warrants, which suggests a structured approach to reporting on different classes of equity.
  1. Currency and Units:
  • The report measures values in USD (United States Dollar) and shares.

This information is crucial for investors and analysts to assess the company's current financial position, stock structure, and any potential for future investment through warrants.