---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-009554"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:49:39.041591+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Pono Capital Three announces separate trading of Class A shares and warrants starting April 3

## Summary
- Holders of 11.5M units from IPO ($10/unit, $115M gross proceeds) may separate into Class A shares and warrants.
- Separate trading begins on or about April 3, 2023 on Nasdaq.
- Units not separated continue trading as PTHRU; separated shares trade as PTHR, warrants as PTHRW.
- Holders must instruct brokers to contact Continental Stock Transfer & Trust to effect separation.

## SEC filing metadata
- accession: 0001493152-23-009554
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000149315223009554/0001493152-23-009554-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000149315223009554/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-009554
- JSON: https://secwatch.observer/filing/0001493152-23-009554.json
- Plain text: https://secwatch.observer/filing/0001493152-23-009554.txt

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