other_material
confidence high
sentiment neutral
materiality 0.50
New Horizon Aircraft increases ATM offering capacity by up to $16.5M
New Horizon Aircraft Ltd.
- Total potential ATM offering raised to $21.6M ($5.1M already sold + $16.5M new tranche).
- Additional shares offered under Capital on Demand Sales Agreement with JonesTrading Institutional Services LLC.
- Prospectus supplement filed June 27, 2025 for the increased offering.
- Legal opinion from Gowling WLG (Canada) LLP filed as Exhibit 5.1.
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