{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-075651","form_type":"8-K","ticker":"HOVR","cik":"0001930021","company_name":"New Horizon Aircraft Ltd.","filed_at":"2024-09-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.213938+00:00","generated_at":"2026-05-31T06:30:16.848742+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"New Horizon Aircraft receives Nasdaq delisting notice for failing continued listing standards","bullets":["Received Nasdaq notice on Aug 28, 2024 for failing net income from continuing ops of $500k (Rule 5550(b)(3)).","Also fails alternative standards: market value of listed securities <$35M and stockholders' equity <$2.5M.","Must submit compliance plan by Oct 14, 2024; if accepted, Nasdaq may grant up to 180 days to comply.","If plan rejected, Company may appeal to a Hearings Panel under Nasdaq Listing Rule 5815(a).","Notice has no immediate effect on listing or trading of Class A ordinary shares; risks of delisting remain."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-075651","json":"https://secwatch.observer/filing/0001213900-24-075651.json","markdown":"https://secwatch.observer/filing/0001213900-24-075651.md","text":"https://secwatch.observer/filing/0001213900-24-075651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024075651/0001213900-24-075651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024075651/ea0213363-8k_newhorizon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:30:16.848742+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"}