Horizon Aircraft Regains Nasdaq Compliance, Closes Listing Rule Matter
New Horizon Aircraft Ltd. Regains Nasdaq Compliance TORONTO, June 26, 2025 - New Horizon Aircraft Ltd. (NASDAQ: HOVR), operating as Horizon Aircraft, has announced that it has regained compliance with the Nasdaq Capital Market's minimum bid requirement as per Listing Rule 5550(a)(2). The advanced aerospace engineering company, known for developing one of the world's first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, received official notice from The Nasdaq Stock Market confirming the resolution of this regulatory issue. With this compliance, the matter is now considered closed. More details about Horizon Aircraft can be found on their website or through their YouTube channel showcasing their pioneering technology.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Horizon Aircraft Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9485460-en) on June 26, 2025, and is solely responsible for the information contained therein.
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