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New Horizon Aircraft (HOVR) Stock

Profile

Country:

Canada

IPO:

03 April 2023

Indexes:

Not included

Description:

HOVR (New Horizon Aircraft) specializes in innovative aviation solutions, focusing on sustainable and efficient aircraft design. The company aims to revolutionize air travel with advanced technology, enhancing safety and reducing environmental impact while providing reliable services for both commercial and private aviation sectors.

Events Calendar

Earnings

Next earnings date:

N/A

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N/A

Recent annual earnings:

N/A
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Recent ex-dividend date:

N/A
Splits

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Recent split:

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Analyst ratings

Recent major analysts updates

30 Dec '24 D. Boral Capital
Buy
07 Oct '24 EF Hutton
Buy

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Institutional Ownership

Horizon Aircraft Secures $8.4 Million Strategic Investment
Horizon Aircraft Secures $8.4 Million Strategic Investment
Horizon Aircraft Secures $8.4 Million Strategic Investment
HOVR
globenewswire.com20 December 2024

~ Deepens Investor's Dedication to Horizon Aircraft Supporting Continued Operations and Development ~ TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today it has received an investment from a strategic investor (the “Investor”) and aerospace supporter, for aggregate proceeds of $8.4 million (the “Investment”).

Horizon Aircraft to Participate in the 13th Annual Roth Technology Conference
Horizon Aircraft to Participate in the 13th Annual Roth Technology Conference
Horizon Aircraft to Participate in the 13th Annual Roth Technology Conference
HOVR
globenewswire.com06 November 2024

TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that Brandon Robinson, CEO, and Jason O'Neill, COO, will participate in the 13th Annual Roth Technology Conference being held November 19 - 20, 2024, at the Hard Rock Hotel in New York City. Horizon Aircraft's management team will conduct one-on-one and small group meetings on Wednesday, November 20.

Horizon Aircraft to Participate in the LD Micro Main Event XVII Investor Conference
Horizon Aircraft to Participate in the LD Micro Main Event XVII Investor Conference
Horizon Aircraft to Participate in the LD Micro Main Event XVII Investor Conference
HOVR
newsfilecorp.com16 October 2024

Toronto, Ontario--(Newsfile Corp. - October 16, 2024) - New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a leading hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, announced today that it will participate in the LD Micro Main Event XVII Investor Conference, being held on October 28-30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.

Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer
Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer
Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer
HOVR
globenewswire.com21 August 2024

Tom Brassington joins from Lilium, bringing significant eVTOL industry experience Tom Brassington joins from Lilium, bringing significant eVTOL industry experience

New Horizon Aircraft Announces Pricing of $2.9 Million Public Offering
New Horizon Aircraft Announces Pricing of $2.9 Million Public Offering
New Horizon Aircraft Announces Pricing of $2.9 Million Public Offering
HOVR
globenewswire.com20 August 2024

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, today announced the pricing of an underwritten public offering of (i) 2,800,000 of its Class A ordinary shares, no par value per share, and accompanying warrants to purchase up to 2,800,000 of its Class A ordinary shares, and (ii) to certain investors, pre-funded warrants to purchase up to an aggregate of 3,000,000 Class A ordinary shares and accompanying warrants to purchase up to an aggregate of 3,000,000 Class A ordinary shares. Each Class A ordinary share and accompanying warrant are being sold together at a combined public offering price of $0.50, and each pre-funded warrant and accompanying warrant are being sold together at a combined public offering price of $0.50. Each Warrant will have an exercise price $0.75 per share, be exercisable immediately upon issuance and expire five years from the date of issuance. Each pre-funded warrant will have an exercise price of $0.00001 per share and will be exercisable immediately after the original issue date until the pre-funded warrant is exercised in full. The gross proceeds to Horizon Aircraft from the offering, before deducting the underwriting discounts and other offering expenses, are expected to be approximately $2.9 million, assuming no exercise of warrants, and up to approximately $7.25 million, assuming the warrants are exercised in full for cash. The offering is expected to close on August 21, 2024, subject to customary closing conditions.

Why Is New Horizon Aircraft (HOVR) Stock Down 6% Today?
Why Is New Horizon Aircraft (HOVR) Stock Down 6% Today?
Why Is New Horizon Aircraft (HOVR) Stock Down 6% Today?
HOVR
investorplace.com17 July 2024

New Horizon Aircraft (NASDAQ: HOVR ) stock is falling on Wednesday after the aerospace original equipment manufacturer company's shares underwent a rally yesterday. That saw shares of HOVR stock close out normal trading hours on Tuesday up 32.2%.

Horizon Aircraft to Attend the Farnborough International Airshow 2024
Horizon Aircraft to Attend the Farnborough International Airshow 2024
Horizon Aircraft to Attend the Farnborough International Airshow 2024
HOVR
globenewswire.com15 July 2024

TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that it will attend the Farnborough International Airshow 2024 being held July 22-26, 2024 in Farnborough, England at the Farnborough International Exhibition & Conference Centre. The leading international aerospace and defense industry event features five days of unrivalled opportunities to discover the latest pioneering technology and engineering, announce historic partnerships, and collaboratively work towards the cumulative sustainable aerospace vision.

FAQ

  • What is the primary business of New Horizon Aircraft?
  • What is the ticker symbol for New Horizon Aircraft?
  • Does New Horizon Aircraft pay dividends?
  • What sector is New Horizon Aircraft in?
  • What industry is New Horizon Aircraft in?
  • What country is New Horizon Aircraft based in?
  • When did New Horizon Aircraft go public?
  • Is New Horizon Aircraft in the S&P 500?
  • Is New Horizon Aircraft in the NASDAQ 100?
  • Is New Horizon Aircraft in the Dow Jones?
  • When does New Horizon Aircraft report earnings?

What is the primary business of New Horizon Aircraft?

HOVR (New Horizon Aircraft) specializes in innovative aviation solutions, focusing on sustainable and efficient aircraft design. The company aims to revolutionize air travel with advanced technology, enhancing safety and reducing environmental impact while providing reliable services for both commercial and private aviation sectors.

What is the ticker symbol for New Horizon Aircraft?

The ticker symbol for New Horizon Aircraft is NASDAQ:HOVR

Does New Horizon Aircraft pay dividends?

No, New Horizon Aircraft does not pay dividends

What sector is New Horizon Aircraft in?

New Horizon Aircraft is in the Industrials sector

What industry is New Horizon Aircraft in?

New Horizon Aircraft is in the Aerospace & Defense industry

What country is New Horizon Aircraft based in?

New Horizon Aircraft is headquartered in Canada

When did New Horizon Aircraft go public?

New Horizon Aircraft's initial public offering (IPO) was on 03 April 2023

Is New Horizon Aircraft in the S&P 500?

No, New Horizon Aircraft is not included in the S&P 500 index

Is New Horizon Aircraft in the NASDAQ 100?

No, New Horizon Aircraft is not included in the NASDAQ 100 index

Is New Horizon Aircraft in the Dow Jones?

No, New Horizon Aircraft is not included in the Dow Jones index

When does New Horizon Aircraft report earnings?

The date for New Horizon Aircraft's next earnings report has not been announced yet