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New Horizon Aircraft Prices $20 Million Common Share Offering at $0.60 Per Share
New Horizon Aircraft Ltd. recently announced the pricing of a $20 million offering of its common shares. The offering is expected to generate significant capital for the company.
The company has set the price for each common share at $0.60. They are offering 33,333,333 common shares to the public. In addition, New Horizon Aircraft will grant the underwriter a 45-day option to purchase up to 15% of the common shares. The offering is expected to close on May 9, 2026, pending customary closing conditions. A registration statement relating to these securities was filed with the Securities and Exchange Commission (SEC) and was declared effective on May 6, 2026.
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Date: May 7, 2026
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