{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-063591","form_type":"8-K","ticker":"HOVR","cik":"0001930021","company_name":"New Horizon Aircraft Ltd.","filed_at":"2024-07-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.213303+00:00","generated_at":"2026-05-31T18:13:06.196947+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"New Horizon Aircraft receives Nasdaq bid price deficiency notice for HOVR shares","bullets":["Nasdaq notified company on July 19, 2024 that bid price closed below $1.00 for 30 consecutive business days.","Company has 180 calendar days (until January 15, 2025) to regain compliance by closing at $1.00+ for 10 consecutive days.","If not compliant by Jan 15, 2025, company may qualify for additional 180-day period if it meets other Nasdaq standards and intends reverse stock split.","No immediate delisting; shares continue trading on Nasdaq Capital Market under symbol HOVR.","Company expects to cure deficiency within the 180-day period but provides no assurance."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-063591","json":"https://secwatch.observer/filing/0001213900-24-063591.json","markdown":"https://secwatch.observer/filing/0001213900-24-063591.md","text":"https://secwatch.observer/filing/0001213900-24-063591.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024063591/0001213900-24-063591-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024063591/ea0209872-8k_newhoriz.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T18:13:06.196947+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"}