New Horizon Aircraft Upsizes Stock Offering to $50 Million

Reuters2025-11-01

<a href="https://laohu8.com/S/HOVR">New Horizon Aircraft</a> Upsizes Stock Offering to $50 Million

New Horizon Aircraft Ltd. has announced an increase in the maximum aggregate offering price of its Class A ordinary shares under its Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC. The offering now allows for up to $50 million of common shares, which includes shares previously sold under the agreement. The company has also filed a prospectus supplement in connection with the expanded offering.

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: 0001213900-25-104674), on October 31, 2025, and is solely responsible for the information contained therein.

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