{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-088540","form_type":"8-K","ticker":"HOVR","cik":"0001930021","company_name":"New Horizon Aircraft Ltd.","filed_at":"2024-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.363210+00:00","generated_at":"2026-05-30T13:27:06.897314+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nasdaq rejects New Horizon Aircraft's compliance plan; hearing requested","bullets":["Company failed net income standard ($500K) and alternative listing standards (market value $35M, equity $2.5M).","Nasdaq staff determined not to accept proposed compliance plan in current form on Oct 11, 2024.","Company requested hearing before Nasdaq Hearings Panel to appeal; no assurance plan will be accepted.","Class A ordinary shares (HOVR) and warrants (HOVRW) continue trading pending hearing outcome.","Delisting risk noted as materially adverse to capital raising and financial condition."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-088540","json":"https://secwatch.observer/filing/0001213900-24-088540.json","markdown":"https://secwatch.observer/filing/0001213900-24-088540.md","text":"https://secwatch.observer/filing/0001213900-24-088540.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024088540/0001213900-24-088540-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024088540/ea0217725-8k_newhorizon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T13:27:06.897314+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"}