New Horizon Aircraft (HOVR) filed a registration statement Friday for the potential sale of up to $200 million in securities.
The filing covers common and preferred shares, debt securities, warrants, rights, and units.
Net proceeds will be used for aircraft development, personnel costs and general corporate purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.