New Horizon Aircraft regains Nasdaq minimum bid compliance, matter closed

New Horizon Aircraft Ltd.

Received notice from Nasdaq on June 26, 2025 that it regained compliance with minimum bid requirement under Listing Rule 5550(a)(2).
The deficiency matter is now closed; no further action required by Nasdaq.
Company's common shares (HOVR) and warrants (HOVRW) continue trading on the Nasdaq Capital Market.

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