---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-007097"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:30:54.518849+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Nasdaq confirms Horizon Aircraft regained compliance with equity standard; gets extension for bid price rule

## Summary
- Nasdaq confirmed compliance with Equity Standard (Rule 5550(b)(1)) on Jan 24, 2025; listing continues on Nasdaq Capital Market.
- Company received second 180-day period until July 14, 2025 to regain compliance with minimum $1.00 bid price requirement.
- If bid price is at least $1.00 for 10 consecutive business days during extension, Nasdaq will confirm compliance.
- Company subject to panel monitor for one year from Jan 24, 2025 under Nasdaq Rule 5815(d)(4)(B).

## SEC filing metadata
- accession: 0001213900-25-007097
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000121390025007097/0001213900-25-007097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390025007097/ea0228724-8k_newhorizon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-007097
- JSON: https://secwatch.observer/filing/0001213900-25-007097.json
- Plain text: https://secwatch.observer/filing/0001213900-25-007097.txt

## Source-grounded claims
- claim_id: 1586373cdecd6a427303a3dceeb3adba0a97f6b7
  claim: New Horizon Aircraft Ltd. received a nasdaq compliance regained notice regarding stockholders equity (rules 5550(b)(1)).
  evidence_excerpt: January 24, 2025, the Company received a letter from the Nasdaq Office of General Counsel confirming the decision of the Panel that the Company had regained compliance with the Continued Listing Standards by demonstratin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1930021/000121390025007097/0001213900-25-007097-index.htm

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