New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. announced the closing of its previously announced registered direct offering, generating approximately $25 million in gross proceeds. The offering included the sale of 9,960,160 Class A Ordinary Shares (or equivalents) to the same institutional investors from its May 8, 2026 offering. The company intends to use the net proceeds to fully fund the completion of its Cavorite X7 prototype and advance the program toward testing, certification, and commercial production.

New Horizon Aircraft Ltd. announced the pricing of a registered direct offering, expecting to raise approximately $25.0 million in gross proceeds. The company agreed to sell 5,385,646 Class A ordinary shares at $2.51 each and pre-funded warrants to purchase 4,574,514 Common Shares at $2.509 per warrant. The net proceeds are intended to fully fund the completion of its Cavorite X7 prototype and advance the program toward testing, certification, and commercial production. Titan Partners Group LLC acted as the sole placement agent for the offering.

New Horizon Aircraft Ltd. announced the closing of its registered direct offering, raising approximately $20 million in gross proceeds. The company sold 9,254,889 Class A Ordinary Shares to certain institutional investors. The net proceeds are intended to fund and accelerate the development and buildout of the Cavorite X7 aircraft program, as well as for general corporate purposes and working capital.

New Horizon Aircraft Ltd. announced the pricing of a registered direct offering with institutional investors, expecting to raise approximately $19.9 million in gross proceeds. The company will sell 9,254,889 Class A ordinary shares at $2.15 per share. The net proceeds are intended to fund and accelerate the development of its Cavorite X7 aircraft program, as well as for working capital and general corporate purposes. The offering, for which Titan Partners Group LLC is the sole placement agent, is expected to close around May 8, 2026.

New Horizon Aircraft Ltd. issued a press release on April 14, 2026, announcing its financial and operating results for the quarter ended February 28, 2026. The company will also host an earnings call on the same day to discuss these results and provide a business update. Specific financial figures were not disclosed within this 8-K filing.

New Horizon Aircraft Ltd. reported its financial results for the quarter ended February 28, 2026. The company significantly increased its cash and cash equivalents to $19.67 million, a 160% rise from $7.55 million as of May 31, 2025. Total current assets also grew substantially to $21.06 million from $8.17 million, indicating improved liquidity and financial strength.

New Horizon Aircraft Ltd. announced its financial and operating results for the quarter ended February 28, 2026. The company issued a press release on April 14, 2026, to disclose these results. Additionally, an earnings call is scheduled for the same day to discuss the financial performance and provide a business update.

New Horizon Aircraft Ltd. filed its Form 10-Q for the quarter ended February 28, 2026. The company reported a substantial increase in its cash and cash equivalents, rising to $19.67 million from $7.55 million as of May 31, 2025. Total current assets also saw a significant boost, reaching $21.06 million compared to $8.17 million in the prior period, indicating improved liquidity.