Sec Form 4 Filing - Merker Brian Frederick @ New Horizon Aircraft Ltd. - 2024-05-23

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Merker Brian Frederick
2. Issuer Name and Ticker or Trading Symbol
New Horizon Aircraft Ltd. [ HOVR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
C/O NEW HORIZON AIRCRAFT, LTD., 3187 HIGHWAY 35
3. Date of Earliest Transaction (MM/DD/YY)
05/23/2024
(Street)
LINDSAY, A6K9V 4R1
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Ordinary Shares without par value 05/23/2024 P 1,285 A $ 1.069 ( 1 ) ( 2 ) 1,285 D
Class A Ordinary Shares without par value 06/17/2024 P 1,836 A $ 0.74 ( 1 ) ( 3 ) 3,121 D
Class A Ordinary Shares without par value 07/17/2024 P 2,298 A $ 0.6 5,419 D
Class A Ordinary Shares without par value 08/15/2024 P 1,788 A $ 0.766 ( 1 ) ( 4 ) 7,207 D
Class A Ordinary Shares without par value 09/16/2024 P 1,750 A $ 0.788 ( 1 ) ( 5 ) 8,957 D
Class A Ordinary Shares without par value 10/17/2024 P 4,062 A $ 0.335 ( 1 ) ( 6 ) 13,019 D
Class A Ordinary Shar es without par value 11/18/2024 P 3,420 A $ 0.392 ( 1 ) ( 7 ) 16,439 D
Class A Ordinary Shares without par value 12/18/2024 P 2,048 A $ 0.645 ( 1 ) ( 8 ) 18,487 D
Class A Ordinary Shares without par value 01/16/2025 P 1,530 A $ 0.85 ( 1 ) ( 9 ) 20,017 D
Class A Ordinary Shares without par value 02/21/2025 P 2,510 A $ 0.527 ( 1 ) ( 10 ) 22,527 D
Class A Ordinary Shares without par value 03/18/2025 P 3,037 A $ 0.525 ( 1 ) ( 11 ) 25,564 D
Class A Ordinary Shares without par value 04/16/2025 P 3,657 A $ 0.451 ( 1 ) ( 12 ) 29,221 D
Class A Ordinary Shares without par value 05/20/2025 P 2,379 A $ 0.69 ( 1 ) ( 13 ) 31,600 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Merker Brian Frederick
C/O NEW HORIZON AIRCRAFT, LTD.
3187 HIGHWAY 35
LINDSAY, A6K9V 4R1
Chief Financial Officer
Signatures
/s/ Brian Frederick Merker 06/10/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to New Horizon Aircraft Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Ex-change Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) through (13) to this Form 4.
( 2 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.067 to $1.800, inclusive.
( 3 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.740 to $0.749, inclusive.
( 4 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.750 to $0.795, inclusive.
( 5 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.785 to $0.790, inclusive.
( 6 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.331 to $0.350, inclusive.
( 7 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.390 to $0.395, inclusive.
( 8 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.644 to $0.666, inclusive.
( 9 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0 .850 to $0.869, inclusive.
( 10 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.526 to $0.529, inclusive.
( 11 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.520 to $0.528, inclusive.
( 12 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.436 to $0.460, inclusive.
( 13 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.687 to $0.698, inclusive.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.