SCHEDULE 13G/A 0000950170-25-014479 0001636266 XXXXXXXX LIVE 3 Class A Ordinary Shares 02/28/2025 0001930021 New Horizon Aircraft Ltd. 64550A107 3187 HIGHWAY 35 Lindsay A6 K9V 4R1 Rule 13d-1(b) Canso Investment Counsel Ltd. A6 13308428 0 13308428 0 13308428 N 33.5 FI The shares reported as beneficially owned include (i) 4,819,539 Class A Ordinary Shares held directly by the reporting person and (ii) 8,488,889 Class A Ordinary Shares issuable to the reporting person upon the conversion of the Issuer's Series A Preferred Shares held by the reporting person. New Horizon Aircraft Ltd. 3187 Highway 35 Lindsay, Ontario, K9V 4R1 Canso Investment Counsel Ltd. 100 York Boulevard, Suite 550, Richmond Hill, Ontario, L4B1J8, Canada Ontario, Canada N FI portfolio manager registered in Ontario, Canada and other Canadian provinces 13,308,428 33.5 13,308,428 0 13,308,428 0 Y N The securities reported to be beneficially owned by Canso Investment Counsel Ltd. are owned of record by certain managed accounts of Canso Investment Counsel Ltd. These managed accounts have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to a portfolio manager registered in Ontario, Canada and other Canadian provinces is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D. Canso Investment Counsel Ltd. /s/ Jeff Tang 03/06/2025