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Operates as a holding company with interest in providing social shopping platform solutions

WeShop Holdings Ltd - Ordinary Shares - Class A

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SoundHound AI Inc - Ordinary Shares - Class A

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SoFi Technologies, Inc. is a financial service platform, which engages in the provision of student loan refinancing options to the private student loan market. It operates through the following segments: Lending, Technology Platform, and Financial Services. The Lending segment offers personal loans, student loans, home loan products, and related servicing activities. The Technology Platform segment focuses on technology products and solutions revenue. The Financial Services segment includes the SoFi Money product, SoFi Invest product, SoFi Credit Card product, SoFi Relay personal finance management product, and other financial services. The company was founded in April 2011 and is headquartered in San Francisco, CA.

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Rumble, Inc. engages in operating an online neutral video platform. It operates through the following geographical segments: United States, Canada, and Other. The company was founded in October 2013 by Chris Pavlovski and is headquartered in Longboat Key, FL.

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Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment includes vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean. The International segment is involved in vehicle rental and car sharing operations in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded in 1946 and is headquartered in Parsippany, NJ.

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New Horizon Aircraft Ltd. (NASDAQ:HOVR) Sees Significant Decline in Short Interest

New Horizon Aircraft Ltd. (NASDAQ:HOVR - Get Free Report) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 1,792,317 shares, a drop of 28.9% from the March 15th total of 2,520,786 shares. Approximately 4.5% of the company's stock...

New Horizon Aircraft (NASDAQ:HOVR) Releases Earnings Results, Misses Estimates By $0.03 EPS

New Horizon Aircraft (NASDAQ:HOVR - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate...

New Horizon Aircraft Q3 Earnings Call Highlights

New Horizon Aircraft (NASDAQ:HOVR) executives used the company's fiscal third-quarter 2022 earnings call to outline progress on its Cavorite X7 hybrid-electric aircraft program, highlight newly...

New Horizon Aircraft's (HOVR) Buy Rating Reaffirmed at D. Boral Capital

D. Boral Capital reiterated a "buy" rating and set a $11.00 price objective on shares of New Horizon Aircraft in a report on Tuesday...

<div>Wednesday, 08 April 2026 08:00 AM<div>Topic:&nbsp;<h4>Company Update</h4><div>Promising collaboration with MHI RJ Aviation Group (MHIRJ) will advance the development of the Cavorite X7 through specialist engineering services and deep regional aviation expertiseTORONTO, ON / <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.accessnewswire.com/">ACCESS Newswire</a> / April 8, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR) announces its agreement with MHI RJ Aviation Group (MHIRJ), a subsidiary of Mitsubishi Heavy Industries Ltd. This collaboration aims to support the ongoing development of Horizon Aircraft's hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, the Cavorite X7.Through this collaboration, MHIRJ will provide specialist engineering services focused on the design and development of flight test instrumentation for the Cavorite X7. This effort is essential to enable critical data collection from the aircraft's flight test program expected to begin in early 2027. In addition, MHIRJ will offer broad engineering support and utilize its regional aviation expertise to help move the Cavorite X7 program forward."We're excited to team up with Horizon Aircraft on their innovative Cavorite X7 project. With our expertise in engineering and regional aviation, we believe we can make a significant impact as they lead the way in hybrid-electric VTOL aircraft," declared Elio Ruggi, Senior Vice-President, Chief Engineer- Head of Aircraft Development, Quality &amp; Flight Ops, MHIRJ. "This collaboration not only opens doors for business growth, but lets us use our engineering strengths to push this cutting-edge initiative forward. We're committed to contributing to the value chain and supporting sustainable technology in regional aviation."Founded in 2020 following Mitsubishi Heavy Industries' acquisition of the CRJ Series program-one of the world's most successful regional aircraft families-MHIRJ brings decades of experience designing, certifying, and producing new aircraft types. The organization's team of highly experienced aerospace engineers and aviation specialists makes the partnership a strong strategic fit for the rapidly growing Horizon Aircraft.Horizon Aircraft Co-Founder and CEO Brandon Robinson stated, "MHIRJ represents an elite engineering group within the global aerospace community with a proven track record in regional aircraft development. This partnership strengthens the Cavorite X7 program and helps significantly reduce the technical risk associated with advancing our aircraft toward flight testing and eventual certification."For more information about Horizon Aircraft, please see the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://pr.report/kdnw">Company's website </a>or watch its innovative technology in action on the Company's <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://pr.report/kdnx">YouTube channel</a>.About MHI RJ Aviation GroupThe MHI RJ Aviation Group (MHIRJ) provides comprehensive critical operational, engineering and customer support solutions including maintenance, refurbishment, technical publications, marketing and sales activities for the global regional aircraft industry. Headquartered in the Montréal area, Canada, and bolstered by an Aerospace Engineering Centre, MHIRJ's network of service centers, support offices and parts depots are positioned in important aviation hubs in Canada, the U.S. and Germany. A wholly-owned group of subsidiaries of Mitsubishi Heavy Industries, Ltd., the MHI RJ Aviation Group includes MHI RJ Aviation ULC (Canada), MHI RJ Aviation Inc. (U.S.A.) and MHI RJ Aviation GmbH (Germany). For more information about MHI RJ Aviation Group, please visit: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://pr.report/kdny">mhirj.com.</a>About Horizon AircraftHorizon Aircraft (NASDAQ:HOVR) is an advanced aerospace engineering company that is developing one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft designed to fly most of its mission in traditional wing-borne flight, offering industry-leading speed, range, and operational utility. Horizon Aircraft's unique designs put the mission first and prioritize safety and performance. Upon successful completion of testing and certification of its full-scale aircraft, Horizon Aircraft intends to scale unit production to meet expected demand from regional operators, emergency service providers, and military customers.For further information, visit:Website <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://pr.report/hpca">www.horizonaircraft.com</a> LinkedIn <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://pr.report/hpcb">https://www.linkedin.com/company/horizon-aircraft-inc</a>For further information, contact:Investors:Kathryn Burns <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:ir@horizonaircraft.com">ir@horizonaircraft.com</a>Media:Edwina Frawley-Gangahar EFG Media Relations +44 7580 174672 <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:edwina@efgmediarelations.com">edwina@efgmediarelations.com</a>Forward-Looking StatementsThis press release contains certain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "aim," "future," "opportunity," "plan," "may," "should," "will," "would," "target," "will be," "will continue," "will likely result" and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements herein include, but are not limited to, statements relating to the targeted readiness of the full-scale hybrid Cavorite X7 eVTOL prototype for initial testing, development priorities and technical milestones; funding and liquidity sufficiency and runway; certification and testing plans; and potential production, partnership, supply chain and market opportunities.Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Horizon Aircraft competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon Aircraft will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Horizon Aircraft's industry and market size; (v) financial condition and performance of Horizon Aircraft, including the condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon Aircraft; (vi) Horizon Aircraft's ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (vii) successful completion of testing and certification of Horizon Aircraft's Cavorite X7 eVTOL; (viii) the targeted future production of Horizon Aircraft's Cavorite X7 aircraft; and (ix) other factors detailed by us in the Company's public filings with the Securities and Exchange Commission ("SEC") and under the Company's profile on sedarplus.ca, including the disclosures under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2025, filed with the SEC and filed under the Company's profile on sedarplus.ca on August 22, 2025. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made.Readers are cautioned not to put undue reliance on forward-looking statements, and while the Company may elect to update these forward-looking statements at some point in the future, it assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable law. Horizon Aircraft does not give any assurance that Horizon Aircraft will achieve its expectations.SOURCE: Horizon AircraftNote: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.</div></div></div>

Horizon Aircraft and MHIRJ Join Forces to Advance Regional Air Mobility

Horizon Aircraft & MHIRJ partner to advance Cavorite X7 hybrid VTOL engineering and flight testing.

Others

Promising collaboration with MHI RJ Aviation Group (MHIRJ) will advance the development of the Cavorite X7 through specialist engineering services and deep regional aviation expertise
 TORONTO, ON / ACCESS Newswire / April 8, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR) announces its agreement with MHI RJ Aviation Group (MHIRJ), a subsidiary of Mitsubishi Heavy Industries Ltd. This collaboration aims to support the ongoing development of Horizon Aircraft's hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, the Cavorite X7.
Through this collaboration, MHIRJ will provide specialist engineering services focused on the design and development of flight test instrumentation for the Cavorite X7. This effort is essential to enable critical data collection from the aircraft's flight test program expected to begin in early 2027. In addition, MHIRJ will offer broad engineering support and utilize its regional aviation expertise to help move the Cavorite X7 program forward.
"We're excited to team up with Horizon Aircraft on their innovative Cavorite X7 project. With our expertise in engineering and regional aviation, we believe we can make a significant impact as they lead the way in hybrid-electric VTOL aircraft," declared Elio Ruggi, Senior Vice-President, Chief Engineer- Head of Aircraft Development, Quality & Flight Ops, MHIRJ. "This collaboration not only opens doors for business growth, but lets us use our engineering strengths to push this cutting-edge initiative forward. We're committed to contributing to the value chain and supporting sustainable technology in regional aviation."
Founded in 2020 following Mitsubishi Heavy Industries' acquisition of the CRJ Series program-one of the world's most successful regional aircraft families-MHIRJ brings decades of experience designing, certifying, and producing new aircraft types. The organization's team of highly experienced aerospace engineers and aviation specialists makes the partnership a strong strategic fit for the rapidly growing Horizon Aircraft.
Horizon Aircraft Co-Founder and CEO Brandon Robinson stated, "MHIRJ represents an elite engineering group within the global aerospace community with a proven track record in regional aircraft development. This partnership strengthens the Cavorite X7 program and helps significantly reduce the technical risk associated with advancing our aircraft toward flight testing and eventual certification."
For more information about Horizon Aircraft, please see the Company's website or watch its innovative technology in action on the Company's YouTube channel.
About MHI RJ Aviation Group
The MHI RJ Aviation Group (MHIRJ) provides comprehensive critical operational, engineering and customer support solutions including maintenance, refurbishment, technical publications, marketing and sales activities for the global regional aircraft industry. Headquartered in the Montréal area, Canada, and bolstered by an Aerospace Engineering Centre, MHIRJ's network of service centers, support offices and parts depots are positioned in important aviation hubs in Canada, the U.S. and Germany. A wholly-owned group of subsidiaries of Mitsubishi Heavy Industries, Ltd., the MHI RJ Aviation Group includes MHI RJ Aviation ULC (Canada), MHI RJ Aviation Inc. (U.S.A.) and MHI RJ Aviation GmbH (Germany). For more information about MHI RJ Aviation Group, please visit: mhirj.com.
About Horizon Aircraft
Horizon Aircraft (NASDAQ:HOVR) is an advanced aerospace engineering company that is developing one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft designed to fly most of its mission in traditional wing-borne flight, offering industry-leading speed, range, and operational utility. Horizon Aircraft's unique designs put the mission first and prioritize safety and performance. Upon successful completion of testing and certification of its full-scale aircraft, Horizon Aircraft intends to scale unit production to meet expected demand from regional operators, emergency service providers, and military customers.
For further information, visit:
Website www.horizonaircraft.com
LinkedIn https://www.linkedin.com/company/horizon-aircraft-inc
For further information, contact:
Investors:
Kathryn Burns
ir@horizonaircraft.com
Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
edwina@efgmediarelations.com
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "aim," "future," "opportunity," "plan," "may," "should," "will," "would," "target," "will be," "will continue," "will likely result" and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements herein include, but are not limited to, statements relating to the targeted readiness of the full-scale hybrid Cavorite X7 eVTOL prototype for initial testing, development priorities and technical milestones; funding and liquidity sufficiency and runway; certification and testing plans; and potential production, partnership, supply chain and market opportunities.
Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Horizon Aircraft competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon Aircraft will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Horizon Aircraft's industry and market size; (v) financial condition and performance of Horizon Aircraft, including the condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon Aircraft; (vi) Horizon Aircraft's ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (vii) successful completion of testing and certification of Horizon Aircraft's Cavorite X7 eVTOL; (viii) the targeted future production of Horizon Aircraft's Cavorite X7 aircraft; and (ix) other factors detailed by us in the Company's public filings with the Securities and Exchange Commission ("SEC") and under the Company's profile on sedarplus.ca, including the disclosures under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2025, filed with the SEC and filed under the Company's profile on sedarplus.ca on August 22, 2025. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking statements, and while the Company may elect to update these forward-looking statements at some point in the future, it assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable law. Horizon Aircraft does not give any assurance that Horizon Aircraft will achieve its expectations.
SOURCE: Horizon Aircraft

View the original press release on ACCESS Newswire

New Horizon Aircraft (HOVR) Expected to Announce Quarterly Earnings on Tuesday

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New Horizon Aircraft (NASDAQ:HOVR) Now Covered by JonesTrading

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New Horizon Aircraft (NASDAQ:HOVR) Earns Buy Rating from D. Boral Capital

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New Horizon Aircraft's (HOVR) "Buy" Rating Reaffirmed at D. Boral Capital

D. Boral Capital reaffirmed a "buy" rating and issued a $11.00 target price on shares of New Horizon Aircraft in a report on Friday...

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Horizon Aircraft IR

$HOVR Q3 &#39;26 Earnings Results &amp; Recap

• Reported GAAP EPS of -$0.16 up 5.88% YoY
• Horizon Aircraft expects $20M in cash to provide sufficient working capital to support planned aircraft development milestones through fiscal 2027, and is tracking to complete its full-scale prototype by the end of 2026.

Stocktwits

New Horizon Aircraft Ltd

 Q3 '26 Earnings Results & Recap

• Reported GAAP EPS of -$0.16 up 5.88% YoY
• Horizon Aircraft expects $20M in cash to provide sufficient working capital to support planned aircraft development milestones through fiscal 2027, and is tracking to complete its full-scale prototype by the end of 2026.

This account has been verified as an official STOCKTWITS representative.

Stocktwits Earnings

New Horizon Aircraft Ltd. engages in manufacturing aircraft. It focuses on designing and aiming to build a next generation hybrid electric vertical takeoff and landing aircraft for the regional air mobility market. The company was founded by Eric Brandon Robinson and Brian E. Robinson on March 11, 2022 and is headquartered in Lindsay, Canada.

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