One micro stock that is worth watching is $HOVR. Transparent and honest leadership. Insanely small market cap compared to others like $JOBY and $ACHR.
$HOVR is the Canadian version of EVTOL aircraft and itโs being built specifically to manage harsh weather conditions. It has huge civilian and military implications. Only like 80 million market cap
Horizon Aircraft: 3 Signals Investors Should Not Ignore
๐ What is the new partnership with @MHI_RJ bringing on board?
โซ๏ธ What will the Tuesday's Earnings Call be about?
๐ And how @HorizonAircraft builds a unique IR model?
https://t.co/iDKhrvjgJm
$HOVR #evtol
Just because something is on sale it doesn't mean you should buy it. Imagine going to a store and buying everything on sale but not buying anything you actually want. Now if you can be patient and wait for something to go on sale that you want then that's a winning trade.
$BLNE just announced that it amended the terms of its Series A convertible preferreds. These shares were originally not redeemable until July 23, 2026 and at a conversion price of $1.75.
Following the amendment, these shares are immediately redeemable at $2.00, which reduces total potential dilution by 12%.
Immediately following the amendment, the holder of the Series A shares converted 2,000,000 shares, which resulted in the issuance of 500,000 new shares of $BLNE.
Whatโs noteworthy is that Beeline committed to redeeming the balance of the Series A preferreds within the next 90 days for $2.5M. They will do this with cash on the balance sheet.
This was a strong signal from management that additional dilution beyond what is embedded in the current capital structure is off the table. By repurchasing the balance of the Series A convertible preferreds over the next 90 days, Beeline will prevent the issuance of 1.2M shares of common stock.
This is without a doubt a bullish update, as the company is signaling that it does not need to raise capital, the biggest criticism I hear, and that itโs in fact so confident in its cash flow generation outlook that itโs publicly committing to repurchasing preferred shares to prevent any further dilution.
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A key year ahead for Horizon Aircraft!
Over the next 12-18 months, we expect to roll out the full scale Cavorite X7.
This marks a major shift in focus, as we move toward delivering a full-scale aircraft built on years of engineering.
As certified aircraft prepare to enter service across the industry, advanced air mobility is moving from concept to reality. Horizonโs progress reflects that broader momentum, alongside continued team growth and programme advancement.
We couldn't be more excited for 2026.