secwatch.observer — SEC 8-K summary
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Issuer:     NextTrip, Inc. (NTRP)
CIK:        0000788611
Form:       8-K
Filed at:   2023-04-13T23:59:59+00:00
Accession:  0001493152-23-012152
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq grants Sigma Additive Solutions additional 180 days to meet $1 bid price, now until Oct 9, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788611/000149315223012152/0001493152-23-012152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788611/000149315223012152/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-012152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer