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Horizon Aircraft announces exercise of warrants for $2.7M in proceeds
The Fly

Horizon Aircraft announces exercise of warrants for $2.7M in proceeds

New Horizon Aircraft (HOVR) announced the exercise of 2.5M warrants for gross proceeds of approximately $2.7M. This additional working capital follows the Company’s recent announcement of a strategic investment of $8.4M, totaling $11.1M of capital infusion in the last 30 days.

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