{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-012712","form_type":"8-K/A","ticker":"HOVR","cik":"0001930021","company_name":"New Horizon Aircraft Ltd.","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.324044+00:00","generated_at":"2026-06-06T03:49:34.065255+00:00","sec_items":["9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Legacy Horizon reports C$1.2M net loss, C$1.2M working capital deficit for six months ended Nov 30, 2023","bullets":["Net loss for six months ended Nov 30, 2023: C$1,156,232, vs C$534,916 loss in prior-year period.","No revenue; operating expenses of C$1,204,479 driven by R&D and professional fees.","Working capital deficit of C$1,209,609 as of Nov 30, 2023; accumulated deficit of C$6,707,364.","Cash increased to C$5.9M from C$228K, primarily from C$6.7M convertible notes issued in Oct 2023.","Management expresses substantial doubt about ability to continue as a going concern."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-012712","json":"https://secwatch.observer/filing/0001213900-24-012712.json","markdown":"https://secwatch.observer/filing/0001213900-24-012712.md","text":"https://secwatch.observer/filing/0001213900-24-012712.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024012712/0001213900-24-012712-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024012712/ea192960-8ka1_newhorizon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T03:49:34.065255+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}