NextTrip, Inc. (NTRP): Nasdaq/NYSE listing notice — NextTrip faces Nasdaq delisting for missing annual meeting; issues 176,794 unregistered shares

NextTrip, Inc.

Nasdaq notified NextTrip on March 3 that it failed to hold annual meeting within 12 months of FY end Feb 29, 2024; compliance plan due April 17, 2025.
Company rescheduled annual meeting to April 9, 2025; shareholder nominations due March 10, 2025.
Issued 176,794 unregistered shares from Jan 10-Mar 7, including 105,000 to contractors and 7,609 to CEO and chairman as preferred dividends.
Regained compliance with minimum stockholders' equity rule but subject to review upon next periodic report.

item 3.01 item 3.02 item 5.08

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

NextTrip, Inc. received a nasdaq deficiency notice notice regarding other (rules 5620(a)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5620(a)

Exact text from the filing

March 3, 2025, the Company also received a notification letter from the Staff of Nasdaq notifying the Company that, based on the Current Report on Form 8-K filed by the Company with the Commission on February 18, 2024, the Staff has determined the Company has regained compliance with the minimum stockholders’ equity requirements set forth in Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”). However, if the Company fails to evidence compliance with the Equity Rule upon filing its next periodic report, the Company may be subject to delisting. At that time, Staff will provide written notificati

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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

NextTrip, Inc. received a nasdaq compliance regained notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

March 3, 2025, the Company also received a notification letter from the Staff of Nasdaq notifying the Company that, based on the Current Report on Form 8-K filed by the Company with the Commission on February 18, 2024, the Staff has determined the Company has regained compliance with the minimum stockholders’ equity requirements set forth in Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”). However, if the Company fails to evidence compliance with the Equity Rule upon filing its next periodic report, the Company may be subject to delisting. At that time, Staff will provide written notificati

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NextTrip, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-009584

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