Core Insights - Horizon Aircraft has published research indicating a growing interest in small-cap and micro-cap stocks among fund managers, with expectations of increased allocations from both institutional and retail investors over the next year [1][2][5]. Group 1: Fund Manager Insights - A global study involving small and micro-cap fund managers with a total of $82.4 billion in assets under management found that 76% anticipate increased exposure to small and micro-caps from institutional investors in the next six to twelve months [2]. - Among fund managers, 34% believe that allocations to small and micro-caps could increase by 25% or more [2]. - 83% of fund manager respondents expect retail investors to increase their allocation to small and micro-caps, with 52% believing that this allocation could rise by more than 25% [3]. Group 2: Current Exposure Levels - One-third of fund managers describe the current exposure from institutional investors to small and micro-caps as underweight, with 21% indicating "slightly underweight" and 11% "extremely underweight" [4]. - The current level of exposure to small-caps is described as overweight by 4%, while for micro-caps, it is overweight by 23% [4]. - Retail investors are also seen as underweight in their allocations to small-caps and micro-caps, with 32% and 27% respectively, while 17% and 13% are considered overweight [4]. Group 3: Economic Context and Company Developments - The CEO of Horizon Aircraft noted that anticipated interest rate cuts and improving market conditions are likely to drive increased allocations to small and micro-cap stocks [5]. - Small and micro-cap companies are viewed as having higher growth potential compared to large-cap companies due to their smaller revenue bases and agility [6]. - Horizon Aircraft is developing the Cavorite X7, a hybrid eVTOL aircraft, which is expected to excel in various applications such as medical evacuation and disaster relief, with a gross weight of approximately 5,500 lbs and a maximum speed of 250 miles per hour [6][10].

New Horizon Aircraft (NASDAQ:HOVR) stock is falling on Wednesday after the aerospace original equipment manufacturer company's shares underwent a rally yesterday. The news that sent HOVR stock flying higher yesterday is its plans to attend the Farnborough International Airshow 2024. This is set to take place from July 22 to July 26 at the Farnborough International Exhibition & Conference Centre in Farnborough, England. Considering the rally of HOVR stock yesterday, it makes sense it would give up some of th ...

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 ...

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 ...

TORONTO, July 10, 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 the world's first eVTOL (electric Vertical Take-Off and Landing) that can fly most of its mission exactly like a normal aircraft, today announces that Phil Kelly has been appointed as Senior Vice President Business Development. With twenty-five years' experience of flying military aircraft, includin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) British Columbia N/A FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-41607 NEW HORIZON AIRCRAFT LTD. Indicate b ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 643 Ilalo St.., #102 Honolulu, Hawaii 96813 (Address of principal executive offices) (Zip Code) (808) 892-6611 (Registrant's telephone number, including area code) For the transition perio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-41607 PONO CAPITAL THREE, INC. (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdiction of (IRS Employer incorporation o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-41607 PONO CAPITAL THREE, INC. (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdiction of incorporation or organizatio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-41607 PONO CAPITAL THREE, INC. (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdiction of incorporation or organization) 643 Ilalo St. #102 Honolulu, Hawaii 96813 Tele ...