other material
confidence high
sentiment neutral
materiality 0.40
New Horizon Aircraft boosts ATM offering capacity to $50M on Oct 31
New Horizon Aircraft Ltd.
- Increased maximum aggregate offering price under ATM Sales Agreement with JonesTrading to $50M of Class A ordinary shares.
- $35.1M of Common Shares remain available for sale from and after October 31, 2025.
- Filed a prospectus supplement and legal opinion of Gowling WLG (Canada) LLP as Exhibit 5.1.
- ATM program provides at-the-market equity issuance flexibility for general corporate purposes.