Horizon Aircraft closes SPAC merger with Pono Capital Three, to trade on Nasdaq Jan 16

New Horizon Aircraft Ltd.

Business combination closed January 12, 2024; combined entity New Horizon Aircraft Ltd.
Common shares and warrants to trade on Nasdaq under HOVR and HOVRW starting Jan 16, 2024.
Founder and CEO Brandon Robinson and current management team continue to lead the company.
Company advances hybrid eVTOL aircraft Cavorite X7, citing deal resources to accelerate development.

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