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New Horizon Aircraft prices USD 25 million common share private placement

PUBT·05/27/2026 12:57:45
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New Horizon Aircraft prices USD 25 million common share private placement
  • New Horizon Aircraft priced a $25 million common-share offering to institutional investors, covering 9,960,160 Class A ordinary shares or equivalents.
  • Closing expected around May 27, subject to customary conditions.
  • Proceeds earmarked to complete the Cavorite X7 prototype, then push the program into testing, certification, commercial production.
  • Titan Partners is sole placement agent; deal led by the company’s largest existing U.S. institutional shareholders.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Horizon Aircraft Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-061264), on May 27, 2026, and is solely responsible for the information contained therein.