secwatch / observer
8-K filed May 8, 2026, 7:59 PM ET ticker NTRP CIK 0000788611
debt confidence high sentiment neutral materiality 0.70

NextTrip raises $1.015M via Series B Convertible Preferred Stock and warrant

NextTrip, Inc.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

NextTrip, Inc. issued 368,421 restricted shares of newly designated Series B Convertible Preferred Stock of preferred stock to an accredited investor for $2.7550 per share.

Security
preferred stock
Shares
368,421 restricted shares of newly designated Series B Convertible Preferred Stock
Purchaser
an accredited investor
Consideration
$2.7550 per share
Exact text from the filing
the Company issued and sold (a) an aggregate of 368,421 restricted shares of newly designated Series B Convertible Preferred Stock, par value $0.001, of the Company (the “Series B Preferred Shares”) plus 40,000 additional Series B Preferred Shares as an issuance fee; and (b) a five-year warrant (the “Warrant”) to purchase 100,000 shares of the Common Stock, par value $0.001 per share, of the Company (“Common Stock”) (the “Series B Offering”) at a purchase price of $2.7550 per share representing the Nasdaq Minimum Price plus $0.125 as of the date of the Purchase Agreement.
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

NextTrip, Inc. issued 100,000 shares of the Common Stock of warrant to an accredited investor for $2.7550 per share.

Security
warrant
Shares
100,000 shares of the Common Stock
Purchaser
an accredited investor
Consideration
$2.7550 per share
Exact text from the filing
the Company issued and sold (a) an aggregate of 368,421 restricted shares of newly designated Series B Convertible Preferred Stock, par value $0.001, of the Company (the “Series B Preferred Shares”) plus 40,000 additional Series B Preferred Shares as an issuance fee; and (b) a five-year warrant (the “Warrant”) to purchase 100,000 shares of the Common Stock, par value $0.001 per share, of the Company (“Common Stock”) (the “Series B Offering”) at a purchase price of $2.7550 per share representing the Nasdaq Minimum Price plus $0.125 as of the date of the Purchase Agreement.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NextTrip, Inc. entered into Purchase Agreement with an accredited investor (effective 2026-05-06).

Action
entry
Agreement
equity purchase
Counterparty
an accredited investor
Effective
2026-05-06
Exact text from the filing
On May 6, 2026, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with an accredited investor (the “Purchaser”), pursuant to which the Company issued and sold (a) an aggregate of 368,421 restricted shares of newly designated Series B Convertible Preferred Stock, par value $0.001, of the Company (the “Series B Preferred Shares”) plus 40,000 additional Series B Preferred Shares as an issuance fee; and (b) a five-year warrant (the “Warrant”) to purchase 100,000 shares of the Common Stock, par value $0.001 per share, of the Company (“Common Stock”) (the “Series B Offering”) at a purchase price of $2.7550 per share representing the Nasdaq Minimum Price plus $0.125 as of the date of the Purchase Agreement.
View on SEC.gov

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NextTrip, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-26-021972
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