---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-042239"
form_type: "8-K/A"
ticker: null
cik: "0001865697"
company_name: "Genesis Growth Tech Acquisition Corp."
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:32:00.069451+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Genesis Growth Tech enters merger with NextTrip; restates prior financials due to cash error

## Summary
- Non-reliance on FY2021 and Q1-Q3 2022 financials; cash was held in sponsor's account, not company's.
- Restatement expected to have no impact on P&L or cash flows; internal controls deemed ineffective.
- Definitive merger agreement with NextTrip Holdings, a travel tech incubator; expected close H2 2023.
- NextTrip has 6M+ legacy customer database and generated $400M in bookings in 2019.
- Transaction subject to shareholder and regulatory approvals; combined entity to list on Nasdaq as NextTrip Holdings.

## SEC filing metadata
- accession: 0001213900-23-042239
- form_type: 8-K/A
- cik: 0001865697
- company_name: Genesis Growth Tech Acquisition Corp.
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865697/000121390023042239/0001213900-23-042239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865697/000121390023042239/ea179118-8ka1_genesis.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-042239
- JSON: https://secwatch.observer/filing/0001213900-23-042239.json
- Plain text: https://secwatch.observer/filing/0001213900-23-042239.txt

## Key facts
- Auditor Changes
  Genesis Growth Tech Acquisition Corp. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: as a result of the inaccuracy, the previously issued financial statements are no longer to be relied upon and are to be restated and corrected
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865697/000121390023042239/0001213900-23-042239-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.