---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-003914"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:25:11.474169+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# New Horizon Aircraft provides pro forma balance sheet showing $7.5M equity to address Nasdaq deficiency

## Summary
- Company raised ~$6.0M net from Canso Financing (4,166,667 shares at $0.36/share and 4,500 Series A preferred).
- Pro forma stockholders' equity of approximately USD$7.5M as of Nov 30, 2024, above Nasdaq's $2.5M minimum Equity Standard.
- Previously disclosed Nasdaq deficiency; Company awaiting confirmation of compliance with Equity Standard.
- Also notes warrant exercises (2.5M warrants) between Dec 1, 2024 and filing date, impacting pro forma figures.

## SEC filing metadata
- accession: 0001213900-25-003914
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000121390025003914/0001213900-25-003914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390025003914/ea0227593-8k_newhorizon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-003914
- JSON: https://secwatch.observer/filing/0001213900-25-003914.json
- Plain text: https://secwatch.observer/filing/0001213900-25-003914.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.