Company New Horizon Aircraft Ltd.

Equities

HOVR

CA64550A1075

Aerospace & Defense

End-of-day quote Nasdaq 18:00:00 2024-05-27 EDT 5-day change 1st Jan Change
0.8561 USD -17.68% Intraday chart for New Horizon Aircraft Ltd. -17.68% -89.71%

Business Summary

New Horizon Aircraft Ltd. is a Canada-based advanced aerospace engineering company. The Company is engaged in developing hybrid Electric Vertical Takeoff and Landing (eVTOL) aircraft. The Company’s Cavorite X7 prototype can take off vertically, but once in flight its patented HOVR wing system reverts to the configuration of a conventional airplane. It operates with up to 30% less hydrocarbon emissions. It is designed to operate in bad weather, with flight in known icing conditions. It is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The Company's Cavorite X7 range opens up a wide spectrum of uses, such as critical medical supplies to remote areas, delivery of supplies and rescue of people from post-hurricane zones, business travel/inter-city and regional shuttle, transportation to underserved remote regions, evacuation, and special events control.

Number of employees: 20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,935,622 0 0 28.31 %
Stock B 1 18,220,436 6,554,484 ( 35.97 %) 0

Shareholders

NameEquities%Valuation
Mehana Capital LLC
30.74 %
5,600,997 30.74 % 13 M $
2,317,510 12.72 % 5 M $
Astro Aerospace Ltd.
9.322 %
1,698,529 9.322 % 4 M $
Canso Investment Counsel Ltd.
8.151 %
1,485,228 8.151 % 3 M $
Meteora Capital LLC
4.354 %
793,299 4.354 % 2 M $
250,042 1.372 % 577 597 $
235,522 1.293 % 544 056 $
Tuttle Capital Management LLC
0.0659 %
12,000 0.0659 % 27 720 $
Brian Robinson
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
Highbridge Capital Management LLC
-
1,998,379 - 111 909 $
Periscope Capital, Inc.
-
850,000 - 47 600 $
Walleye Capital LLC
-
436,160 - 24 425 $
Polar Asset Management Partners, Inc.
-
435,000 - 24 360 $
Boothbay Fund Management LLC
-
358,560 - 20 079 $
Hudson Bay Capital Management LP
-
357,290 - 20 008 $
Clear Street LLC
-
293,332 - 16 427 $
Weiss Asset Management LP
-
275,000 - 15 400 $
JPMorgan Securities LLC
-
255,001 - 14 280 $
Walleye Trading LLC
-
245,340 - 13 739 $
  1. Stock Market
  2. Equities
  3. HOVR Stock
  4. Company New Horizon Aircraft Ltd.