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MZ Group handled Horizon Aircraft, which is developing one of the world’s first hybrid electric vertical takeover and landing aircraft, as it completed the merger with Pono Capital Three SPAC on Jan. 12.
Horizon will begin trading on the NASDAQ on Jan. 16.
CEO Brandon Robinson said the evolution to a publicly traded company will “serve as a catalyst to accelerate our growth by providing the resources to continue the development and testing of our practical, real world use hybrid eVTOl, the Cavorite X7.”
The Cavorite X7 prototype takes off vertically but once airborne its wing system reverts to the configuration of a conventional plane.
It seats six passengers, flies up to 500 miles, has a top speed of 280 mph, and has 30 percent lower emissions than a conventional aircraft.
MZ Group Shannon Devine and Rory Rumore represent Horizon.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
