Robinson Aircraft Doing Business With Horizon Aircraft Appoints Brian Merker As CFO
Portfolio Pulse from Benzinga Newsdesk
Horizon Aircraft and Pono Capital Three, Inc. (NASDAQ: PTHR, PTHRU, PTHRW) are set to complete a business combination that was announced on August 15, 2023. The combined entity will trade on NASDAQ under the ticker 'HOVR'. Additionally, Brian Merker has been appointed as CFO of Robinson Aircraft, which is doing business with Horizon Aircraft.
December 11, 2023 | 9:19 pm
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POSITIVE IMPACT
Pono Capital Three, Inc. (PTHR) is set to merge with Horizon Aircraft, with the combined company trading under the new ticker 'HOVR'. The appointment of a new CFO for Robinson Aircraft, a business partner, may also reflect positively on the merger's prospects.
The merger between Pono Capital Three and Horizon Aircraft is a significant event that typically leads to increased investor interest and potential stock price appreciation. The appointment of a new CFO at a business partner can be seen as a positive move, indicating good governance and potentially strengthening the future combined company's management team.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80