other material
confidence high
sentiment neutral
materiality 0.15
New Horizon Aircraft shareholders approve conversion of Series A Preferred Shares
New Horizon Aircraft Ltd.
- Special meeting held Feb 26, 2025; 39.3% of eligible votes represented, quorum achieved.
- Conversion Proposal passed: 10,271,382 in favor, 331,441 against, 19,203 abstentions.
- Approval relates to conversion of Series A Preferred Shares issued Dec 19, 2024, and issuance of Class A ordinary shares underlying them.