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Recent Updates — NTRP

July 22, 2026View Source ↗

NextTrip, Inc. entered into a securities purchase agreement with Lind Global Fund III LP to receive $4,000,000 in funding in exchange for a $4,600,000 senior secured convertible promissory note and a common stock purchase warrant for 1,030,928 shares at $3.88 per share. The note is non-interest bearing and will be repaid in 14 consecutive monthly installments of $328,571 starting 120 days from issuance. NextTrip, Inc. is a technology-forward travel and media company operating at the intersection of travel, media, and the creator economy.

July 17, 2026View Source ↗

NextTrip, Inc. appointed Casey D'Ambra as President of Media, effective July 13, 2026. Ms. D'Ambra will receive an annual base salary of $205,000 and a potential bonus of up to $50,000 in restricted shares based on milestone-driven performance. NextTrip, Inc. operates in the media and travel-related services industry.

July 15, 2026View Source ↗

NextTrip, Inc. and Monaco Investment Partners II, LP amended a Line of Credit Agreement dated May 6, 2025, to extend the maturity date for all obligations to May 31, 2028. The credit facility provides a principal amount of up to $3,000,000. The lender is controlled by Donald P. Monaco, a director of the company. The amendment was approved by the company's Board of Directors and Audit Committee. NextTrip, Inc. operates in the travel industry, providing trip planning and booking services.

July 1, 2026View Source ↗

NextTrip, Inc. entered into short-term unsecured loan agreements with The Donald P. Monaco Insurance Trust, resulting in a total principal balance of $950,000 as of June 25, 2026. These loans, which accrue 7.5% simple interest per annum, have an extended maturity date of July 15, 2026. NextTrip, Inc. operates in the travel and transportation sector.

June 12, 2026View Source ↗

NextTrip, Inc. entered into a Stock Purchase Agreement on June 10, 2026, to acquire 51% of Yada Commerce Inc. for 50,000 restricted shares of the Company's common stock. The transaction closed on the same day. Concurrently, the Company entered into a Cooperation and Earnout Agreement with Yada, which includes an earnout pool of 225,000 restricted shares and warrants to purchase 225,000 common shares at an exercise price of $2.75 per share over a three-year term. NextTrip, Inc. operates in the travel and commerce services industry.