other_material
confidence high
sentiment neutral
materiality 0.40
NextTrip raises $260K via Series Q Preferred Stock private placement
NextTrip, Inc.
- Issued 81,250 shares of Series Q Nonvoting Convertible Preferred at $3.20/share for gross proceeds of $260,000 to accredited investors.
- Preferred shares automatically convert into common stock after stockholder approval to remove 19.99% exchange cap.
- Proceeds to be used for working capital and general corporate purposes.
- Certificate of Designation filed with Nevada on Sep 12 designating 200,000 shares of Series Q Preferred.
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