New Horizon Aircraft closes $20M offering of 9.25M common shares

New Horizon Aircraft Ltd.

Closed registered direct offering of 9,254,889 Class A Ordinary Shares for gross proceeds of $20M.
Net proceeds to fund and accelerate development of Cavorite X7 hybrid-electric VTOL aircraft, plus working capital.
Titan Partners acted as sole placement agent.

item 7.01 item 9.01

New Horizon Aircraft Ltd. filing history →

Source: SEC EDGAR

accession 0001213900-26-054213

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