Routine board refresh with no immediate trading implications. Monitor for future updates on the Cavorite X7 program and any capital market activities, as Hearne's capital markets expertise may signal upcoming fundraising.
Price Chart
Executive Summary
New Horizon Aircraft announced the resignation of director Trisha Nomura for personal reasons and the appointment of Thomas Hearne as a Class I director and Audit Committee Chair. Hearne brings over 30 years of financial and governance experience, including CPA credentials and public company board service. This is a routine board transition with no disagreement or material financial impact.
Key Facts
- Trisha Nomura resigned as Class I director and Audit Committee Chair effective September 4, 2026, citing personal/family reasons; no disagreement with the company.
- Thomas Hearne appointed as Class I director, Audit Committee Chair, and member of Compensation and Nominating/Governance Committees.
- Hearne is a CPA with 30+ years of experience as CEO/CFO of public tech companies and has helped raise over $500 million in financings.
- Hearne is independent and qualifies as an audit committee financial expert under SEC and Nasdaq rules.
Financial Impact
No financial impact from this board change.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-097738 |
| Document: ea030461001ex99-1.htm | 0001213900-26-097738 |
| Document: 0001213900-26-097738-index-headers.html | 0001213900-26-097738 |
| Document: 0001213900-26-097738-index.html | 0001213900-26-097738 |
| Document: 0001213900-26-097738.txt | 0001213900-26-097738 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | DEF 14A | $1.27 | awaiting T+20 | — | $1.27 (−0.00%) |
Oct 9, 2026 18d ago | 8-K | $1.55 | awaiting T+20 | — | $1.27 (−18.06%) |
Sep 4, 2026 7w ago | 8-K | $1.66 $1.60 | ▼ −3.61% | ▼ −5.33% | $1.27 (−23.49%) |
Jul 16, 2026 14w ago | 8-K | $1.50 $1.99 | ▲ +32.67% | ▲ +29.05% | $1.27 (−15.33%) |
US Market Status
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