NextTrip, Inc. (NTRP): Nasdaq/NYSE listing notice — Nasdaq grants Sigma Additive Solutions additional 180 days to meet $1 bid price, now until Oct 9, 2023

NextTrip, Inc.

Company failed to regain compliance by original April 12, 2023 deadline for minimum $1 bid price.
Nasdaq granted second 180-day period ending Oct 9, 2023, after meeting other listing requirements.
To cure, bid price must close at $1 or more for 10 consecutive business days during extension.
If needed, reverse stock split must be completed by Sept 25, 2023 (10 business days before deadline).
Failure to comply may result in delisting from Nasdaq.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

NextTrip, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules IM-5101-1).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: IM-5101-1

Exact text from the filing

April 13, 2023, Nasdaq notified us that the Nasdaq Staff has granted us an additional 180 calendar day period, or until October 9, 2023, to regain compliance based on our meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market with the exception of the bid price requirement, and our written notice of our intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. According to Nasdaq’s notice, if at any time during this addi

View on SEC.gov

Browse all listing & compliance notices →

NextTrip, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-012152

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.