Brief: Horizon Aircraft Simplifies Capital Structure With Mutual Termination Of Forward Purchase Agreement With Meteora Capital
07/11/2024 13:59
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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