{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-070887","form_type":"8-K","ticker":"HOVR","cik":"0001930021","company_name":"New Horizon Aircraft Ltd.","filed_at":"2024-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.213511+00:00","generated_at":"2026-05-31T08:33:12.501562+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"New Horizon Aircraft prices $2.9M public offering of units at $0.50/unit","bullets":["Offering consists of 5.8M units, each with one share (or pre-funded warrant) and one warrant; exercise price $0.75/share, 5-year expiry.","Gross proceeds ~$2.9M ($7.25M if warrants fully exercised in cash); expected to close August 21, 2024.","Net proceeds to fund working capital and general corporate purposes.","EF Hutton LLC is sole book-running manager; 90-day lock-up for directors and officers.","Registration statement on Form S-1 declared effective by SEC on August 19, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-070887","json":"https://secwatch.observer/filing/0001213900-24-070887.json","markdown":"https://secwatch.observer/filing/0001213900-24-070887.md","text":"https://secwatch.observer/filing/0001213900-24-070887.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024070887/0001213900-24-070887-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024070887/ea0211854-8k_newhorizon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:33:12.501562+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"}