{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-095191","form_type":"8-K","ticker":"HOVR","cik":"0001930021","company_name":"New Horizon Aircraft Ltd.","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.363446+00:00","generated_at":"2026-05-30T03:56:37.285899+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Horizon Aircraft terminates forward purchase agreement with Meteora; expects $20-25M gain","bullets":["Mutual termination of Forward Purchase Agreement with Meteora Capital; $200,000 cash termination fee paid.","Company to issue 200,000 shares if a resale registration statement is filed within 24 months.","Expects to record a gain of approximately $20-$25 million in Q2 ending November 30, 2024.","Termination removes SPAC overhang and simplifies capital structure."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-095191","json":"https://secwatch.observer/filing/0001213900-24-095191.json","markdown":"https://secwatch.observer/filing/0001213900-24-095191.md","text":"https://secwatch.observer/filing/0001213900-24-095191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024095191/0001213900-24-095191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930021/000121390024095191/ea0219968-8k_newhorizon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:56:37.285899+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"}