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New Horizon Aircraft Ltd
3187 Highway 35
Phone: (613) 866-1935p:613 866-1935 LINDSAY, ON  K9V 4R1  Canada Ticker: HOVRHOVR
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
3721 Aircraft

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director BrandonRobinson 44 1/12/2024 1/12/2024
Chief Financial Officer BrianMerker 46 1/12/2024 1/12/2024
Chief Operating Officer, Director JamesO'Neill 45 1/12/2024 1/12/2024
4 additional Officers and Directors records available in full report.

Business Names
Business Name
HOVR
HOVR Technologies Corp.
New Horizon Aircraft Operations Ltd.
PTHR
PTHRU

General Information
Number of Employees: 12 (As of 2/9/2024)
Outstanding Shares: 23,156,058 (As of 3/28/2024)
Shareholders: 36
Stock Exchange: NASD
Federal Tax Id: 881263511


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Saturday, April 27, 2024