---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-008691"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-26T00:43:07.322743+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-008691
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788611/000149315225008691/0001493152-25-008691-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000149315225008691/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-008691
- JSON: https://secwatch.observer/filing/0001493152-25-008691.json
- Plain text: https://secwatch.observer/filing/0001493152-25-008691.txt

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