HOVR · New Horizon Aircraft Ltd. · Held by Funds
$1.60
-0.03 (-1.84%)
At close · Oct 6
Return incl. dividend (before tax)
Going-concern doubt
— flagged Jul 16, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Horizon is a pre-revenue organization that is currently building a full-scale technical demonstrator aircraft in pursuit to certify its Cavorite X7 aircraft. Management estimates that cash on-hand of $78.3 million will be sufficient to fund our current operating plan for at least the next 12 months from the date these consolidated financial statements were available to be issued. There is substantial doubt around the Company's ability to meet the going concern assumption beyond that period without securing additional capital.”View the 10-K filed Jul 16, 2026
Market Cap
$115.61M
Shares
66.83M
Volume · Oct 6
581.08K
Avg daily vol (3M)
893.44K
Registered funds — mutual funds, ETFs and closed-end funds — whose latest Form N-PORT portfolio report holds this exact listed security, matched by CUSIP. Each row is one fund position with its size, value and weight in that fund.
Funds holding HOVR
3 fund positions| Fund | Ticker | Balance | Value | % of Fund | Side | Reported | Open |
|---|---|---|---|---|---|---|---|
| Gabelli Commercial Aerospace and Defense Fund | GCAD | 33,634 | $66,259 | 0.15% | Long | 2026-06-30 | |
| Fidelity Nasdaq Composite Index Fund | FNCMX | 22,438 | $65,631 | 0.00% | Long | 2026-05-31 | |
| Blackstone Alternative Multi-Strategy Fund | — | 7,200 | $14,184 | 0.00% | Short | 2026-06-30 |
Showing 1–3 of 3 positions