---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-009584"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T04:37:24.813907+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NextTrip faces Nasdaq delisting for missing annual meeting; issues 176,794 unregistered shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-009584
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 3.02, 5.08
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788611/000149315225009584/0001493152-25-009584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000149315225009584/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-009584
- JSON: https://secwatch.observer/filing/0001493152-25-009584.json
- Plain text: https://secwatch.observer/filing/0001493152-25-009584.txt

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