secwatch.observer — SEC 8-K summary
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Issuer:     New Horizon Aircraft Ltd. (HOVR)
CIK:        0001930021
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001213900-25-007097
Event type: regulatory
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1930021/000121390025007097/0001213900-25-007097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1930021/000121390025007097/ea0228724-8k_newhorizon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-007097

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