New Horizon Aircraft HOVR Proceeds From Issuance Of Convertible Preferred Stock
Proceeds From Issuance Of Convertible Preferred Stock at other companies
Other financials
Where this comes from
Reported directly by New Horizon Aircraft in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfConvertiblePreferredStock.
The official record: New Horizon Aircraft’s 10-K, filed August 22, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is New Horizon Aircraft's proceeds from issuance of convertible preferred stock?
- New Horizon Aircraft (HOVR) reported proceeds from issuance of convertible preferred stock of $13K in Q1 2025.
- What does proceeds from issuance of convertible preferred stock mean?
- Reflects the cash proceeds generated from issuing preferred shares that carry the right to be converted into common stock. This serves as a hybrid financing tool that provides capital while potentially deferring equity dilution.