---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-050029"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2024-12-13T23:59:59+00:00"
generated_at: "2026-05-29T03:48:20.150872+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-050029
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2024-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788611/000149315224050029/0001493152-24-050029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000149315224050029/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-050029
- JSON: https://secwatch.observer/filing/0001493152-24-050029.json
- Plain text: https://secwatch.observer/filing/0001493152-24-050029.txt

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