---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-054213"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2026-05-11T12:34:26+00:00"
generated_at: "2026-05-11T18:36:17.751049+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-054213
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2026-05-11T12:34:26+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000121390026054213/0001213900-26-054213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390026054213/ea0290061-8k_newhorizon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-054213
- JSON: https://secwatch.observer/filing/0001213900-26-054213.json
- Plain text: https://secwatch.observer/filing/0001213900-26-054213.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.