New Horizon Aircraft Ltd. filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission on October 26, 2026, covering the fiscal year ended May 31, 2026.

Key Highlights

  • Exchange and ticker: Class A Ordinary Shares trade on The Nasdaq Stock Market LLC under the symbol HOVR; warrants trade under HOVRW, with each warrant exercisable for one Class A Ordinary Share at $11.50 per share.
  • Shares outstanding: As of July 16, 2026, the company reported 66,825,837 Class A ordinary shares issued and outstanding.
  • Non-affiliate market value: The aggregate market value of voting stock held by non-affiliates was approximately USD $72,477,248, based on a closing price of $1.65 on November 28, 2025.
  • Filer status: The company is classified as a non-accelerated filer, a smaller reporting company, and an emerging growth company under SEC rules.
  • Incorporation: New Horizon Aircraft Ltd. is incorporated in British Columbia, Canada, with principal executive offices located in Lindsay, Ontario, K9V 4R1.
  • Forward-looking statements: The filing notes that various statements in the Annual Report are "forward-looking statements" subject to risks and uncertainties, some of which are described as beyond the company's control.

New Horizon Aircraft's Fiscal Year 2026 Annual Filing: Key Details

New Horizon Aircraft Ltd. (NASDAQ:HOVR), incorporated in British Columbia, Canada, submitted its Form 10-K for the fiscal year ended May 31, 2026. The company operates with principal executive offices at 3187 Highway 35, Lindsay, Ontario, K9V 4R1, and carries IRS Employer Identification Number 98-1786743. The filing was made under Commission File Number 001-41607, according to the document.

According to the filing, the registrant's Class A Ordinary Shares carry no par value and are listed on The Nasdaq Stock Market LLC under the ticker HOVR. Separately, warrants are listed under the symbol HOVRW, with each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share. The company disclosed that as of July 16, 2026, there were 66,825,837 Class A ordinary shares issued and outstanding.

The filing indicates that the aggregate market value of voting stock held by non-affiliates was approximately USD $72,477,248, calculated using a closing price of $1.65 per share on November 28, 2025, as reported by The Nasdaq Global Market. The company noted that Class A ordinary shares beneficially owned by executive officers, directors, and holders of more than 10% of its common stock were excluded from that calculation, as such persons may be deemed affiliates. The registrant confirmed it is not a shell company and does not qualify as a large accelerated filer or accelerated filer. The filing contains forward-looking statements, which the company describes as subject to risks and uncertainties, "some of which are beyond our control."

What Was Disclosed

New Horizon Aircraft Ltd. filed its fiscal year 2026 Form 10-K, disclosing its share count of 66,825,837 Class A ordinary shares as of July 16, 2026, a non-affiliate market value of approximately USD $72,477,248, and its status as a smaller reporting company and emerging growth company listed on NASDAQ.