S-4/A Filing

New Horizon Aircraft Ltd. CIK: 1930021

Filing Information

Form Type	S-4/A
Accession Number	`0001013762-23-005572`
Period End Date	20230630
Filing Date	20231023
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	fs42023a1_ponocapital3_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 20 Cash Flow Statement 69 Stockholders Equity 29

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$283.10K	USD	Point-in-time
Cash	`Cash`	$88.28K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$219.10K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.37K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$89.65K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$502.20K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Deferred offering costs	`DeferredCosts`	$368.80K	USD	Point-in-time
Marketable Securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$119.92M	USD	Point-in-time
Marketable Securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total Assets	`Assets`	$120.42M	USD	Point-in-time
Total Assets	`Assets`	$458.45K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$57.74K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$28.11K	USD	Point-in-time
Accrued expenses related party	`AccruedExpensesRelatedParty`	-	USD	Point-in-time
Accrued expenses related party	`AccruedExpensesRelatedParty`	$5.00K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$142.14K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$70.00K	USD	Point-in-time
Promissory note related party	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Promissory note related party	`OtherLiabilitiesCurrent`	$300.00K	USD	Point-in-time
Redemption value per shares (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$10.42	USD	Point-in-time
Redemption value per shares (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$10.25	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$442.14K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$160.86K	USD	Point-in-time
Deferred underwriting fee payable	`DeferredRevenueNoncurrent`	$3.45M	USD	Point-in-time
Deferred underwriting fee payable	`DeferredRevenueNoncurrent`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.61M	USD	Point-in-time
Total Liabilities	`Liabilities`	$442.14K	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.71K	USD	Point-in-time
Subscription receivable	`SubscriptionReceivable`	-	USD	Point-in-time
Subscription receivable	`SubscriptionReceivable`	$-206.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.69K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.01M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-3.01M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$23.57K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-338.00	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$16.31K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-2.71M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	-	USD	Point-in-time
Total Liabilities and Shareholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$458.45K	USD	Point-in-time
Total Liabilities and Shareholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$120.42M	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Operating and formation costs	`OperatingExpenses`	$1.09K	USD	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.85M	shares	3 Qtrs
Operating and formation costs	`OperatingExpenses`	$426.09K	USD	2 Qtrs
Operating and formation costs	`OperatingExpenses`	$295.82K	USD	1 Quarter
Operating and formation costs	`OperatingExpenses`	$8.69K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-295.82K	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-426.09K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.09K	USD	1 Quarter
Interest income on investments held in Trust Account	`InvestmentIncomeInterest`	$2.04M	USD	2 Qtrs
Interest income on investments held in Trust Account	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income on investments held in Trust Account	`InvestmentIncomeInterest`	$1.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$499.41K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.09K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.62M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.69K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.12M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-338.00	USD	Point-in-time
Basic weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.85M	shares	3 Qtrs
Basic net income (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$499.41K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.09K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.62M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.69K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.12M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-338.00	USD	Point-in-time
Interest income on investments held in Trust Account	`InterestIncomeSecuritiesUSTreasury`	$2.04M	USD	2 Qtrs
Interest income on investments held in Trust Account	`InterestIncomeSecuritiesUSTreasury`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$4.14K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$217.73K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.37K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$57.74K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$28.11K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	1 Quarter
Accrued expenses related party	`IncreaseDecreaseInAccruedLiabilitiesRelatedParty`	$5.00K	USD	2 Qtrs
Accrued expenses related party	`IncreaseDecreaseInAccruedLiabilitiesRelatedParty`	-	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.57K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-552.96K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.06K	USD	3 Qtrs
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	$117.88M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.88M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from issuance of Class B ordinary shares to Sponsor	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	3 Qtrs
Proceeds from issuance of Class B ordinary shares to Sponsor	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	1 Quarter
Proceeds from issuance of Class B ordinary shares to Sponsor	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from promissory note related party	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from promissory note related party	`ProceedsFromRelatedPartyDebt`	$300.00K	USD	1 Quarter
Proceeds from promissory note related party	`ProceedsFromRelatedPartyDebt`	$300.00K	USD	3 Qtrs
Advance from Sponsor for payment of formation costs	`AdvanceFromSponsorForPaymentOfFormationCosts`	-	USD	2 Qtrs
Advance from Sponsor for payment of formation costs	`AdvanceFromSponsorForPaymentOfFormationCosts`	$412.00	USD	3 Qtrs
Advance from Sponsor for payment of formation costs	`AdvanceFromSponsorForPaymentOfFormationCosts`	$412.00	USD	1 Quarter
Repayment to Sponsor for payment of formation costs	`PaymentsOfStockIssuanceCosts`	$412.00	USD	3 Qtrs
Repayment to Sponsor for payment of formation costs	`PaymentsOfStockIssuanceCosts`	$412.00	USD	1 Quarter
Proceeds from sale of Placement Units	`ProceedsFromIssuanceOfPrivatePlacement`	$5.65M	USD	2 Qtrs
Proceeds from sale of Units, net of underwriting discount paid	`ProceedsFromOtherEquity`	$113.73M	USD	2 Qtrs
Proceeds from sale of Units, net of underwriting discount paid	`ProceedsFromOtherEquity`	-	USD	1 Quarter
Proceeds from stock subscriptions received	`ProceedsFromStockSubscriptionsReceived`	$206.00	USD	2 Qtrs
Proceeds from stock subscriptions received	`ProceedsFromStockSubscriptionsReceived`	-	USD	1 Quarter
Repayment of Promissory note related party	`RepaymentsOfRelatedPartyDebt`	$300.00K	USD	2 Qtrs
Repayment of Promissory note related party	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Payment of offering costs	`PaymentsOfFinancingCosts`	$466.17K	USD	2 Qtrs
Payment of offering costs	`PaymentsOfFinancingCosts`	$226.66K	USD	3 Qtrs
Payment of offering costs	`PaymentsOfFinancingCosts`	$85.60K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$98.34K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$118.62M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$239.40K	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$233.83K	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$194.82K	USD	2 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$88.28K	USD	3 Qtrs
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.83K	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.28K	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$283.10K	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.83K	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.28K	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$283.10K	USD	Point-in-time
Accretion of Class A ordinary shares subject to redemption value	`StockIssued1`	$13.61M	USD	2 Qtrs
Accretion of Class A ordinary shares subject to redemption value	`StockIssued1`	-	USD	1 Quarter
Valuation of Representative Shares	`ValuationOfRepresentativeShares`	$132.48K	USD	2 Qtrs
Valuation of Representative Shares	`ValuationOfRepresentativeShares`	-	USD	1 Quarter
Offering costs included in Accrued offering costs	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	$-142.14K	USD	3 Qtrs
Offering costs included in Accrued offering costs	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	$-70.00K	USD	2 Qtrs
Offering costs included in Accrued offering costs	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	-	USD	1 Quarter
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$3.45M	USD	2 Qtrs
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	-	USD	1 Quarter
Issuance of Class B ordinary shares to Sponsor for subscription receivable	`IssuanceOfClassBOrdinarySharesToSponsorForSubscriptionReceivable`	$-206.00	USD	3 Qtrs

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-3.01M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.57K	USD	Point-in-time
Balance	`StockholdersEquity`	$-338.00	USD	Point-in-time
Balance	`StockholdersEquity`	$16.31K	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.71M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Issuance of Class B ordinary shares to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	3 Qtrs
Issuance of Class B ordinary shares to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	1 Quarter
Cash received for stock subscription receivable	`CashReceivedForStockSubscriptionReceivable`	$206.00	USD	1 Quarter
Issuance of Placement Units	`StockIssuedDuringPeriodValueOther`	$5.65M	USD	1 Quarter
Issuance of Representative Shares (in Shares)	`StockIssuedDuringPeriodSharesRepresentativeShares`	103,500.00	shares	2 Qtrs
Issuance of Representative Shares	`StockIssuedDuringPeriodValueRepresentativeShares`	$132.48K	USD	1 Quarter
Issuance of Representative Shares	`StockIssuedDuringPeriodValueRepresentativeShares`	$132.48K	USD	2 Qtrs
Proceeds allocated to Public Warrants	`AdjustmentsToAdditionalPaidInCapitalPublicWarrantIssued`	$3.39M	USD	1 Quarter
Allocation of Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$206.22K	USD	1 Quarter
Accretion Redemption Value of Class A Ordinary Shares	`AccretionOfClassOrdinarySharesSubjectToRedemptionValue`	$1.41M	USD	1 Quarter
Accretion Redemption Value of Class A Ordinary Shares	`AccretionOfClassOrdinarySharesSubjectToRedemptionValue`	$12.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$499.41K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.09K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.62M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.69K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.12M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-338.00	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.01M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.57K	USD	Point-in-time
Balance	`StockholdersEquity`	$-338.00	USD	Point-in-time
Balance	`StockholdersEquity`	$16.31K	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.71M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.