BRIEF-Horizon Aircraft Simplifies Capital Structure With Mutual Termination Of Forward Purchase Agreement With Meteora Capital

Reuters

2024-11-07

BRIEF-Horizon Aircraft Simplifies Capital Structure With Mutual Termination Of Forward Purchase Agreement With Meteora Capital

Nov 7 (Reuters) - New Horizon Aircraft Ltd HOVR.O:

HORIZON AIRCRAFT SIMPLIFIES CAPITAL STRUCTURE WITH MUTUAL TERMINATION OF FORWARD PURCHASE AGREEMENT WITH METEORA CAPITAL
NEW HORIZON AIRCRAFT LTD: EXPECTS TO RECORD A GAIN OF ABOUT $20-25 MILLION IN ITS Q2 FROM TERMINATION OF FPA

Source text: ID:nGNX6cnlcM

Further company coverage: HOVR.O

(Reuters.Briefs@thomsonreuters.com)

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