Financial Results Announcement - New Horizon Aircraft Ltd. announced its financial results for the quarter ended November 30, 2025, during an earnings call on January 14, 2026[4] - The press release detailing the financial results is included as Exhibit 99.1 in the Current Report[6] Company Classification - The company is classified as an emerging growth company under the Securities Act of 1933[3]

[Form 8-K Filing Details](index=1&type=section&id=Form%208-K%20Filing%20Details) This section outlines the registrant's identification, registered securities, and emerging growth company status [Registrant Information](index=1&type=section&id=Registrant%20Information) This section provides the basic identification details of New Horizon Aircraft Ltd., including its jurisdiction of incorporation, commission file number, address, and contact information - Registrant: **NEW HORIZON AIRCRAFT LTD.**[1](index=1&type=chunk) - Jurisdiction of incorporation: **British Columbia**[2](index=2&type=chunk) - Commission File Number: **001-41607**[2](index=2&type=chunk) - Address: **3187 Highway 35, Lindsay, Ontario, K9V 4R1**[2](index=2&type=chunk) - Telephone number: **(613) 866-1935**[2](index=2&type=chunk) [Securities and Emerging Growth Company Status](index=1&type=section&id=Securities%20and%20Emerging%20Growth%20Company%20Status) This section details the classes of securities registered by New Horizon Aircraft Ltd. on The Nasdaq Stock Market LLC and confirms its status as an emerging growth company, indicating its election regarding accounting standards transition periods Registered Securities | Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | | :--- | :--- | :--- | | Class A Ordinary Share, no par value | HOVR | The Nasdaq Stock Market LLC | | Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share | HOVRW | The Nasdaq Stock Market LLC | - The registrant is an **emerging growth company**[3](index=3&type=chunk) - The registrant has elected to use the **extended transition period** for complying with new or revised financial accounting standards[3](index=3&type=chunk) [Item 2.02. Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02.%20Results%20of%20Operations%20and%20Financial%20Condition) This section details the announcement of financial results and clarifies the legal status of the furnished information [Announcement of Financial Results](index=2&type=section&id=Announcement%20of%20Financial%20Results) New Horizon Aircraft Ltd. announced its financial and operating results for the quarter ended August 31, 2025, via a press release issued on October 10, 2025, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K - The company issued a press release on **October 10, 2025**[4](index=4&type=chunk) - The press release announced financial and operating results for the quarter ended **August 31, 2025**[4](index=4&type=chunk) - A copy of the press release is furnished as **Exhibit 99.1** to this Current Report on Form 8-K[4](index=4&type=chunk) [Legal Disclaimer](index=2&type=section&id=Legal%20Disclaimer) This section clarifies that the information provided in Item 2.02 and Exhibit 99.1 is furnished, not 'filed,' and therefore not subject to certain liabilities under Section 18 of the Exchange Act, nor is it automatically incorporated by reference into other filings unless explicitly stated - Information in Item 2.02 and Exhibit 99.1 is not deemed **'filed'** for purposes of Section 18 of the Securities Exchange Act of 1934[5](index=5&type=chunk) - Information is not subject to the **liabilities of Section 18** of the Exchange Act[5](index=5&type=chunk) - Information is not deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by **specific reference**[5](index=5&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section provides a comprehensive list of all exhibits accompanying the Form 8-K filing [List of Exhibits](index=2&type=section&id=List%20of%20Exhibits) This section lists the exhibits accompanying the Form 8-K filing, which include the press release detailing financial results and the interactive data file for the cover page Exhibits Filed | Exhibit No. | Description | | :--- | :--- | | 99.1 | Press Release, dated October 10, 2025 | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | [Signature](index=3&type=section&id=Signature) This section formally concludes the Form 8-K filing with authorization and signatory details [Authorization and Signatory Details](index=3&type=section&id=Authorization%20and%20Signatory%20Details) This section formally concludes the Form 8-K filing, confirming that the report has been duly signed on behalf of New Horizon Aircraft Ltd. by its Chief Executive Officer, E. Brandon Robinson, on October 10, 2025 - The report was signed pursuant to the requirements of the **Securities Exchange Act of 1934**[8](index=8&type=chunk) - Registrant: **NEW HORIZON AIRCRAFT LTD.**[9](index=9&type=chunk) - Date: **October 10, 2025**[10](index=10&type=chunk) - Signatory: **E. Brandon Robinson, Chief Executive Officer**[10](index=10&type=chunk)

IPO and Business Combination - New Horizon Aircraft Ltd. completed its Initial Public Offering (IPO) on February 14, 2023, raising CAD 115 million by offering 11,500,000 units at CAD 10.00 per unit[26] - The company underwent a Business Combination on January 11, 2024, amalgamating with Legacy Horizon, which is expected to enhance operational capabilities and market presence[20] Strategic Initiatives - The 2023 Equity Incentive Plan was established to align employee interests with shareholder value, promoting long-term growth and retention[17] - New Horizon Aircraft Ltd. aims to leverage its recent merger to explore strategic acquisitions that could bolster its competitive position in the market[20] - The management anticipates achieving significant operational synergies post-merger, although specific financial projections were not disclosed[19] Research and Development - The company emphasizes the importance of ongoing research and development to innovate and improve its aircraft technology[20] Governance and Transparency - New Horizon Aircraft Ltd. is committed to maintaining transparency and providing regular updates on its financial performance and strategic initiatives[19] - The company has established a robust governance framework to ensure compliance with regulatory requirements and enhance shareholder confidence[19] Future Outlook - Future earnings guidance will be provided in subsequent reports, reflecting the anticipated impact of the Business Combination and market conditions[19]

As filed with the U.S. Securities and Exchange Commission on June 24, 2024 Registration No. 333-280086 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NEW HORIZON AIRCRAFT LTD. (Exact Name of Registrant as Specified in its Charter) British Columbia 3721 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identific ...

As filed with the U.S. Securities and Exchange Commission on June 10, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NEW HORIZON AIRCRAFT LTD. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) British Columbia 3721 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 3187 Highway 35 Lindsay, Ontario, K9 ...

As filed with the U.S. Securities and Exchange Commission on April 29, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NEW HORIZON AIRCRAFT LTD. (Exact Name of Registrant as Specified in its Charter) British Columbia 3721 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 3187 Highway 35 ...

As filed with the U.S. Securities and Exchange Commission on April 5, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NEW HORIZON AIRCRAFT LTD. (Exact Name of Registrant as Specified in its Charter) British Columbia 3721 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 3187 Highway 35 L ...

Financial Performance and Challenges - New Horizon has incurred significant losses and expects to continue facing substantial expenses and losses for the foreseeable future, with no assurance of achieving profitability[25]. - The company has a limited operating history, which presents significant challenges in developing, certifying, and manufacturing its aircraft[25]. Product Development and Market Potential - The Cavorite X7 eVTOL aircraft remains in development, with no expected deliveries until 2027 at the earliest[25]. - The Regional Air Mobility market for eVTOL services does not currently exist, and its future growth potential is uncertain[25]. Competition and Market Position - The company faces intense competition in the Regional Air Mobility market, which may hinder its ability to compete effectively[22]. Regulatory and Operational Risks - New Horizon relies on third-party suppliers for key technologies, including lithium-ion batteries, which may pose risks if these suppliers are limited or single-source[30]. - The company is subject to substantial regulation, and any unfavorable changes or non-compliance could significantly harm its business[25]. - New Horizon's operational and financial systems need improvement to support expected growth, and failure to do so may adversely affect billing and reporting[30]. Transition to Public Company - New Horizon's management team may face difficulties in managing the transition to being a public company, which could impact its operations[30]. - New Horizon's financial statements will be prepared on a consolidated basis with Legacy Horizon's financials starting from the Closing Date of the Business Combination[14].

As filed with the U.S. Securities and Exchange Commission on February 14, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NEW HORIZON AIRCRAFT LTD. (Exact Name of Registrant as Specified in its Charter) British Columbia 3721 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 3187 Highway 35 Lindsay, Ontario ...

Financial Performance - For the three months ended September 30, 2023, the company reported a net income of $112,662, driven by an unrealized gain on investments held in the Trust Account of $1,562,141[137]. - For the nine months ended September 30, 2023, the company achieved a net income of $1,729,250, resulting from an unrealized gain on investments of $3,604,815[138]. - The company had net cash used in operating activities of $767,778 for the nine months ended September 30, 2023, primarily due to unrealized gains and changes in working capital[139]. - The company incurred formation and operating costs of $612,468 for the three months ended September 30, 2023[137]. Financing Activities - The company reported net cash provided by financing activities of $118,622,783 for the nine months ended September 30, 2023, from proceeds of $113,735,000 from the sale of units[142]. - The company completed its Initial Public Offering on February 14, 2023, raising gross proceeds of $115,000,000 from the sale of 11,500,000 units[144]. - The underwriters exercised the over-allotment option to purchase an additional 1,500,000 units at an aggregate price of $15,000,000 during the initial public offering[154]. - The company incurred a cash underwriting discount of $1,265,000 and will pay $3,450,000 in deferred underwriting commissions upon completion of a business combination[155]. Trust Account and Investments - The company placed $117,875,000 from the net proceeds of the Initial Public Offering into a trust account, equating to $10.25 per unit[146]. - The company intends to use substantially all funds held in the trust account to complete its initial business combination, with expectations that interest earned will cover tax obligations[147]. - The company has invested net proceeds from the initial public offering in U.S. government treasury bills and money market funds, minimizing exposure to interest rate risk[162]. Business Combination and Future Plans - The company entered into a Business Combination Agreement with Horizon Aircraft, which includes an Exchange Consideration of $96,000,000 minus the Closing Net Indebtedness[129]. - The company plans to redomesticate as a British Columbia company prior to the closing of the Business Combination[128]. - The company has until February 14, 2024, to consummate a business combination, with a potential extension to August 14, 2024; failure to do so will result in mandatory liquidation[149]. - The company has not generated any operating revenues to date and does not expect to do so until after the completion of its initial business combination[136]. Other Financial Information - As of September 30, 2023, the company had no off-balance sheet arrangements[150]. - The company has no outstanding borrowings under the promissory note as of September 30, 2023, after repaying $300,000 previously borrowed[153]. - The company recognizes changes in the redemption value of Class A ordinary shares immediately, adjusting the carrying value to equal the redemption value at the end of each reporting period[159].