---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-003211"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:09:21.663595+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-003211
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000121390024003211/0001213900-24-003211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390024003211/ea191565-8k_newhorizon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-003211
- JSON: https://secwatch.observer/filing/0001213900-24-003211.json
- Plain text: https://secwatch.observer/filing/0001213900-24-003211.txt

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