M&A
confidence low
sentiment neutral
materiality 0.40
Pono Capital Three furnishes investor presentation for merger with Horizon Aircraft (eVTOL)
New Horizon Aircraft Ltd.
- Investor presentation dated November 29, 2023 provided under Item 7.01 for the previously announced business combination with Robinson Aircraft Ltd. (Horizon Aircraft).
- Presentation describes Horizon's Cavorite X7 eVTOL aircraft capabilities; no new deal terms or financials disclosed in the filing.
- The business combination agreement was announced on August 15, 2023; the SPAC will redomesticate to British Columbia and amalgamate with Horizon.
- Presentation contains forward-looking statements; actual results may differ materially due to certification, production, and market risks.