Every material Form 8-K New Horizon Aircraft Ltd. has filed with the SEC since July 16, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
New Horizon Aircraft Ltd. (NASDAQ: HOVR) reported results for the first quarter of fiscal 2027, ended August 31, 2026, and said it is advancing its full-scale Cavorite X7 demonstrator aircraft. The filing's press release cites liquidity and program milestones but does not state revenue, net income or loss, or per-share figures in the text provided, so shareholders have no headline profit measures to compare with prior periods.
More than $70 million in cash as of August 31, 2026, which management expects to fund the current operating plan for at least 24 months
Letters of intent totaling more than US$1 billion in potential aircraft sales, covering up to 200 aircraft purchases and 5 aircraft leases
Full-scale Cavorite X7 demonstrator expected to be completed by the first quarter of calendar 2027, with initial testing beginning in early calendar 2027
Earnings call and webcast scheduled for October 9, 2026, at 8:30 a.m. Eastern Time
New Horizon Aircraft Ltd. said audit committee chair Trisha Nomura resigned from its board for personal reasons, and on September 4, 2026 the board appointed Thomas Hearne as a Class I director and Audit Committee chair. The filing says Nomura's resignation was not due to any disagreement with the company, and Hearne's appointment fills the board vacancy, which matters to shareholders because it changes who oversees financial reporting.
Trisha Nomura resigned from the board and all committees, including Audit Committee chair, citing personal reasons; she had served since January 2024
Thomas Hearne appointed Class I director on September 4, 2026, serving until the 2027 annual meeting, and named Audit Committee chair
Board determined Hearne is independent and qualifies as an audit committee financial expert; the company says he has over 30 years of executive and board experience
Horizon Aircraft filed a press release with its results for the fourth quarter and fiscal year ended May 31, 2026, and will hold an earnings call the same day. The release reports $78.3 million in cash, which the company says provides more than 24 months of liquidity, but the filed text does not state revenue, net income or loss, or per-share results, so the financial performance cannot be assessed from it.
Results for the fiscal year ended May 31, 2026 were released July 16, 2026, with a webcast at 8:30 a.m. Eastern Time that day.
Cash totaled $78.3 million, which the company says provides more than 24 months of liquidity.
The first full-scale prototype is on track to begin initial testing in the first quarter of calendar 2027.
Headcount is 56 today and is expected to exceed 100 by summer 2027.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every New Horizon Aircraft Ltd. filing is on SEC EDGAR ↗. 8-K briefs of other companies →