Horizon Aircraft CEO to grow to be chairman after SPAC merger

Robinson Aircraft, which does enterprise as Horizon Aircraft, stated that Chief Executive Brandon Robinson would grow to be chairman after it goes public.

Horizon, which is creating hybrid-electric vertical take-off plane, is about to merge with special-purpose acquisition firm Pono Capital Three
PTHR,
-9.74%
to go public.

After the merger, the mixed firm could have 5 administrators, together with three of who will likely be unbiased.

The mixed firm will likely be renamed Horizon Aircraft Holdings and can commerce underneath the ticker HOVR.

Source web site: www.marketwatch.com

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