NextTrip regains Nasdaq compliance with stockholders' equity above $5M

NextTrip, Inc.

Regained compliance with Nasdaq minimum $5M stockholders' equity requirement, avoiding immediate delisting.
Pro forma stockholders' equity as of Nov 30, 2024 adjusted to $10.2M from a $1.4M deficit through equity offerings and debt conversions.
Transactions included 49% acquisition of Five Star Alliance, minority investment in Blue Fysh Holdings, and multiple preferred issuances.
Nasdaq will continue to monitor compliance; delisting risk remains if not sustained at next periodic report.

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