New Horizon Aircraft Ltd. Warrant (HOVRW)

• Market cap: $2.81M
• 1 day: 28.76%
• 5 days: 88.28%
• 1 month: 176.07%
• 3 months: 198.01%
• 6 months: 561.76%
• Year to date: -4.26%
• 1 year: 88.68%
• 5 years: -10.00%
• 10 years: -10.00%
• Sector: Industrials
• Industry: Aerospace & Defense

About: New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

Employees: 14

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

6% more funds holding

Funds holding: 16 [Q4 2024] → 17 (+1) [Q1 2025]

1.55% less ownership

Funds ownership: 15.67% [Q4 2024] → 14.12% (-1.55%) [Q1 2025]

65% less capital invested

Capital invested by funds: $863K [Q4 2024] → $300K (-$562K) [Q1 2025]

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 3