New Horizon Aircraft (HOVR)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	887.00 k	887.00 k	887.00 k	887.00 k	887.00 k	887.00 k
Cash burn (monthly)	978.33 k	245.56 k	(no burn)	(no burn)	7.12 mm	1.90 mm
Cash used (since last report)	3.02 mm	757.17 k	n/a	n/a	21.96 mm	5.86 mm
Cash remaining	-2.13 mm	129.83 k	n/a	n/a	-21.08 mm	-4.98 mm
Runway (months of cash)	-2.2	0.5	n/a	n/a	-3.0	-2.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

HOVR institutional ownership history Ownership history

20.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	18	1	+1700.0%
Opened positions	17	0	NEW
Closed positions	0	27	EXIT
Increased positions	0	0
Reduced positions	1	0	NEW

13F shares	Current	Prev Q	Change
Total value	40.52 mm	0.00	NEW
Total shares	6.34 mm	5.60 mm	+13.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Canso Investment Counsel	1.46 mm	$420.00 k	NEW
Dustin M Shindo	1.24 mm	$787.00 k	-77.8%
Periscope Capital	689.54 k	$8.48 mm	NEW
Clear Street	489.40 k	$6.00 k	NEW
Walleye Capital	440.06 k	$5.41 mm	NEW
Atw Spac Management	358.56 k	$4.41 mm	NEW
Hudson Bay Capital Management	357.29 k	$4.39 mm	NEW
Weiss Asset Management	275.00 k	$3.38 mm	NEW
Walleye Trading	247.54 k	$3.05 mm	NEW
Wolverine Asset Management	214.61 k	$2.64 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Dustin M Shindo	1.24 mm	-4.36 mm	-77.8%
Canso Investment Counsel	1.46 mm	+1.46 mm	NEW
Periscope Capital	689.54 k	+689.54 k	NEW
Clear Street	489.40 k	+489.40 k	NEW
Walleye Capital	440.06 k	+440.06 k	NEW
Atw Spac Management	358.56 k	+358.56 k	NEW
Hudson Bay Capital Management	357.29 k	+357.29 k	NEW
Weiss Asset Management	275.00 k	+275.00 k	NEW
Walleye Trading	247.54 k	+247.54 k	NEW
Wolverine Asset Management	214.61 k	+214.61 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HOVR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.49	65,500	32.10 k	1,308,793
25 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.47	12,075	5.68 k	1,374,293
24 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.51	8,000	4.08 k	1,386,368
20 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.5	75,000	37.50 k	1,394,368
19 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.52	34,000	17.68 k	1,469,368
18 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.54	3,000	1.62 k	1,503,368
14 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.59	5,170	3.05 k	1,506,368
13 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.58	14,825	8.60 k	1,511,538
12 Feb 25	Dustin M Shindo	Class A Ordinary Shares without par value	Sell	Dispose S	No	No	0.59	11,200	6.61 k	1,526,363
3 Feb 25	Brian Frederick Merker	Performance Stock Units Class A Ordinary Shares without par value	Grant	Acquire A	No	No	0	86,000	0.00	86,000