-+ 0.00%
-+ 0.00%
-+ 0.00%

Horizon Aircraft closes $25 million follow-on share offering

PUBT·05/27/2026 21:44:02
Listen to the news
Horizon Aircraft closes $25 million follow-on share offering
  • New Horizon Aircraft closed a registered direct offering of 9,960,160 Class A Ordinary Shares, or common share equivalents.
  • Gross proceeds totaled about $25 million, before offering expenses.
  • Net proceeds earmarked to complete the Cavorite X7 prototype, support testing, advance certification, move toward commercial production.
  • Titan Partners acted as sole placement agent.


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 ACCESS Newswire (Ref. ID: 202605271742ACCESSWRNAPR_____1171249) on May 27, 2026, and is solely responsible for the information contained therein.