New Horizon Aircraft Ltd. Increases Offering Price for Common Shares by $16.5 Million in Updated Prospectus

Reuters

28 Jun

<a href="https://laohu8.com/S/HOVRW">New Horizon Aircraft Ltd.</a> Increases Offering Price for Common Shares by $16.5 Million in Updated Prospectus

New Horizon Aircraft Ltd. has announced an increase in the maximum aggregate offering price of its Class A ordinary shares, as part of its Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC. The company filed a prospectus supplement on June 27, 2025, raising the offering to include an additional $16.5 million worth of shares. This increase comes in addition to the $5.1 million of shares already sold under the agreement. The legal opinion regarding the legality of these shares is included as an exhibit in the company's recent report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Horizon Aircraft Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-059095), on June 27, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Increases Offering Price for Common Shares by $16.5 Million in Updated Prospectus","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/HOVRW\">New Horizon Aircraft Ltd.</a> Increases Offering Price for Common Shares by $16.5 Million in Updated Prospectus\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/HOVR\">New Horizon Aircraft</a> Ltd. has announced an increase in the maximum aggregate offering price of its Class A ordinary shares, as part of its Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC. The company filed a prospectus supplement on June 27, 2025, raising the offering to include an additional $16.5 million worth of shares. 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