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New Horizon Aircraft Expands Share Offering to $50M

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New Horizon Aircraft Expands Share Offering to $50M

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The latest update is out from New Horizon Aircraft ( (HOVR) ).

On October 31, 2025, New Horizon Aircraft Ltd. announced an increase in the maximum aggregate offering price of its Class A ordinary shares under its Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC to $50,000,000. This strategic move, which includes shares previously sold, aims to enhance the company’s financial flexibility and market presence, potentially impacting its operations and positioning within the industry.

More about New Horizon Aircraft

Average Trading Volume: 1,260,469

Technical Sentiment Signal: Buy

Current Market Cap: $98.85M

Find detailed analytics on HOVR stock on TipRanks’ Stock Analysis page.

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