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An announcement from New Horizon Aircraft ( (HOVR) ) is now available.
On June 27, 2025, New Horizon Aircraft Ltd. announced an increase in the maximum aggregate offering price of its Class A ordinary shares under its Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC. The increase, amounting to an additional $16,500,000, signifies a strategic move to bolster the company’s financial resources, potentially impacting its market operations and stakeholder interests.
The most recent analyst rating on (HOVR) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on New Horizon Aircraft stock, see the HOVR Stock Forecast page.
More about New Horizon Aircraft
Average Trading Volume: 1,511,693
Technical Sentiment Signal: Buy
Current Market Cap: $47.39M
For detailed information about HOVR stock, go to TipRanks’ Stock Analysis page.