As previously announced, Horizon Aircraft and Pono Capital Three, Inc. (NASDAQ:PTHR, PTHRU and PTHRW))))) ("Pono"), a special purpose acquisition company, entered into a proposed business combination on August 15, 2023 to form a combined public company. Upon closing, the newly combined company will trade on the NASDAQ under the symbol "HOVR."
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HONOLULU and TORONTO, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, and Pono Capital Three, Inc. ("Pono") (NASDAQ:PTHR), a publicly-traded special purpose acquisition company, today announced that Pono's shareholders voted to approve the previously announced business combination between Pono and Horizon Aircraft (the "Business Combination"), at the extraordinary general meeting (the "Special Meeting") of Pono's shareholders held on January 4, 2024. Voters representing over 81.1% of the issued and outstanding ordinary shares of
~ Board Announced in Anticipation of January 2024 Merger Between Horizon Aircraft and Pono Capital Three, Inc. ~ ~ Horizon's Chief Executive Officer Brandon Robinson Appointed Chairman ~ ~ Board Consists of Experienced Leaders in the Aviation and Innovative Technology Industries with Traditional Corporate Business Management ~ TORONTO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, which previously announced that it would become a public company via a business combination with publicly-traded special purpose acquisition compan
~ Special Meeting of Pono Capital Three, Inc. Shareholders to Approve Business Combination Scheduled for January 4, 2024 ~ ~ Upon Closing, the Combined Company is Expected to Trade on Nasdaq Under the Ticker "HOVR" ~ TORONTO, Canada and HONOLULU, Hawaii, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., d/b/a Horizon Aircraft ("Horizon Aircraft" or the "Company"), a hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, and Pono Capital Three, Inc. (NASDAQ:PTHR, PTHRU and PTHRW))) ("Pono"), a special purpose acquisition company, today announced that the Securities and Exchange Commission ("SEC") has declared effective the Registration Statement on Form S-4 (
Shares of JetBlue Airways Corporation (NASDAQ:JBLU) fell sharply during Tuesday’s session. JetBlue’s President & COO Joanna Geraghty will succeed Robin Hayes as CEO, effective Feb. 12, 2024. B of A Securities analyst Andrew Didora downgrades JetBlue Airways from Neutral to Underperform and lowered the price target from $6 to $3. JetBlue Airways shares dipped 10.9% to $5.13 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers NexImmune, Inc. (NASDAQ:NEXI) shares jumped 89.2% to $14.32. Sentage Holdings Inc. (NASDAQ:SNTG) shares climbed 65.3% to $3.52. MicroCloud Hologram Inc. (NASDAQ:HOLO) gained 41.9% to $0.3450. Cutera, Inc. (NASDAQ:CUTR) surged 28.2%
As previously announced, Horizon Aircraft and Pono Capital Three, Inc. (NASDAQ:PTHR, PTHRU and PTHRW))))) ("Pono"), a special purpose acquisition company, entered into a proposed business combination on August 15, 2023 to form a combined public company. Upon closing, the newly combined company will trade on the NASDAQ under the symbol "HOVR."