Horizon Aircraft CEO to become chairman after SPAC merger

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Robinson Aircraft, also known as Horizon Aircraft, is preparing to go public, with CEO Brandon Robinson transitioning to chairman. The company, known for its work on hybrid-electric vertical take-off aircraft, plans to merge with special-purpose acquisition company Pono Capital Three (PTHR) to complete the public offering. Following the merger, the newly formed Horizon Aircraft Holdings will have five directors, three of whom will be independent. The company will be listed under the ticker symbol HOVR.



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