NextTrip enters forbearance on contingent shares; Nasdaq listing delay key factor

NextTrip, Inc.

Three of four milestones for 4.35M contingent shares deemed met but issuance delayed due to pending Nasdaq listing.
Forbearance agreement pushes milestone notice deadline to Jan 31, 2025; shares to issue if Nasdaq not approved by then.
Company to provide bi-weekly updates to NTH on regulatory delays; allows NTH participation in board/counsel calls.
Contingent shares stem from Dec 2023 acquisition of NextTrip Holdings; no shares issued to date.

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