---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-061690"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2026-05-28T01:43:31+00:00"
generated_at: "2026-05-28T10:06:41.679134+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# New Horizon Aircraft closes $25M registered direct offering of common shares

## Summary
- Gross proceeds ~$25M; 9.96M common shares (or equivalents) sold to same institutional investors as May 8 offering.
- Net proceeds to fund completion of Cavorite X7 prototype and advance toward testing and certification.
- Titan Partners (American Capital Partners) acted as sole placement agent.

## SEC filing metadata
- accession: 0001213900-26-061690
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2026-05-28T01:43:31+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000121390026061690/0001213900-26-061690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390026061690/ea0292408-8k_newhorizon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-061690
- JSON: https://secwatch.observer/filing/0001213900-26-061690.json
- Plain text: https://secwatch.observer/filing/0001213900-26-061690.txt

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