---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-002880"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:40:55.700154+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pono Capital Three completes SPAC continuance; Horizon Aircraft merger closing Jan 12

## Summary
- SPAC continuance from Cayman Islands to British Columbia completed Jan 11, 2024, approved by board and shareholders on Jan 4.
- Business combination with Horizon Aircraft expected to close Jan 12, 2024; company to rename to New Horizon Aircraft Ltd.
- Class A ordinary shares to trade under new symbol HOVR and warrants under HOVRW starting Jan 16, 2024.
- New CUSIP numbers: ordinary shares 64550A107, warrants 64550A115; pre-combination securities receive new CUSIPs as well.

## SEC filing metadata
- accession: 0001213900-24-002880
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000121390024002880/0001213900-24-002880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390024002880/ea191488-8k425_pono3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-002880
- JSON: https://secwatch.observer/filing/0001213900-24-002880.json
- Plain text: https://secwatch.observer/filing/0001213900-24-002880.txt

## Key facts
- Governance Changes
  New Horizon Aircraft Ltd.: The company's articles were amended upon completion of the SPAC continuance from the Cayman Islands to British Columbia, adopting the post-continuance Pono Articles (effective 2024-01-11).
  - Change: charter amendment
  - Effective: 2024-01-11
  source text: On January 11, 2024, the Company completed the SPAC Continuance and in connection therewith, effected the new articles of Pono (the “post-continuance Pono Articles”) under the laws of British Columbia.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1930021/000121390024002880/0001213900-24-002880-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.