Risk Audit · Cached SEC Snapshot
HOVR Risk Audit — Dilution, Cash Runway, and SEC Filings
New Horizon Aircraft Ltd.
TL;DR
- MODERATE / CAUTION — No fatal flags, but the structure is not pristine. Read the evidence.
- Doomsday Clock: 6.6mo of cash before the company exhausts its operating runway.
- Dilution Risk: 0 / 100 — disciplined capital management.
- Dilution Status: No Dilution — Share count changed by N/A. No active dilution drivers detected in latest filing.
Doomsday Clock
6.6mo
Company runs out of cash in 6.6 months
Dilution Risk
0 / 100
Disciplined capital management
C
Stockteller Grade
Altman Z: 0.61 (Z)
Gravity Playbook · Mathematical Stress Test
AUTH
No Active Dilution Mechanism
The company is not authorized for active equity dilution. There is no active S-3 shelf registration, and no annual dilution percentage is indicated.
BURN
Cash Runway: 6.6 Months
Current mechanics indicate the company's cash reserves are mathematically depleted in approximately 6.6 months based on current burn rate.
COMPLIANCE
Nasdaq Minimum Bid Compliance
Nasdaq requires a $1.00 minimum bid. Historical precedent for companies with this profile involves structural actions such as reverse splits to maintain listing compliance.
Mechanical analysis only. Not financial advice. Statements describe mathematical conditions and historical precedent, not predictions or recommendations for this security.
Educational analysis only. Not financial advice. The Risk Audit is a quantitative framework derived from publicly available SEC filings and may contain inaccuracies. AI systems are fallible. Always verify against the source filings on
SEC EDGAR
and consult a licensed advisor before making investment decisions.