secwatch / observer
8-K filed February 15, 2023, 6:59 PM ET ticker HOVR CIK 0001930021
other material confidence high sentiment neutral materiality 0.60

Pono Capital Three closes $115M SPAC IPO; full exercise of over-allotment

New Horizon Aircraft Ltd.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

New Horizon Aircraft Ltd.: Filed Second Amended and Restated Memorandum and Articles of Association in connection with the Offering (effective 2023-02-09).

Change
charter amendment
Effective
2023-02-09
Exact text from the filing
On February 9, 2023, in connection with the Offering, the Company filed its Second Amended and Restated Memorandum and Articles of Association with the Cayman Registry.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

New Horizon Aircraft Ltd. entered into Underwriting Agreement with EF Hutton, division of Benchmark Investments, LLC valued at $100.0 million (effective 2023-02-09).

Action
entry
Agreement
underwriting
Counterparty
EF Hutton, division of Benchmark Investments, LLC
Value
$100.0 million
Effective
2023-02-09
Exact text from the filing
On February 9, 2023, Pono Capital Three, Inc., a Cayman Islands exempted company (the "Company"), entered into an underwriting agreement by and between the Company and EF Hutton, division of Benchmark Investments, LLC ("EF Hutton"), as representative of the several underwriters named therein (collectively, the "Underwriters"), a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference (the "Underwriting Agreement"), relating to the Company’s initial public offering (the "Offering") of 10,000,000 units (the "Units") at a price to the public of $10.00 per Unit.
View on SEC.gov

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New Horizon Aircraft Ltd. filing history →

Source: SEC EDGAR
accession 0001493152-23-005086
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