Horizon Aircraft Successful with Nasdaq Listing Requirements

Company Overview - Horizon Aircraft is a leading developer of hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft, focusing on safety, performance, and operational utility [3]. Compliance Status - Horizon Aircraft has regained compliance with Nasdaq Listing Rule 5550(b), allowing its shares to remain listed on the Nasdaq Capital Market [1]. - The company has been granted an additional 180 calendar days, until July 14, 2025, to comply with Listing Rule 5550(a)(2) regarding bid price [2].