---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-028538"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2026-06-12T21:38:35+00:00"
generated_at: "2026-06-15T10:06:47.875187+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NextTrip acquires 51% of TikTok partner agency YADA for 50,000 restricted shares

## Summary
- Acquired 51% of YADA for 50,000 restricted NextTrip shares plus earnout pool of 225,000 shares and warrants at $2.75.
- YADA is a fully licensed TikTok Partner Agency with creator commerce and music event capabilities.
- Chad Doher, YADA founder, appointed EVP of Entertainment to lead new division.
- NextTrip to serve as travel fulfillment partner for YADA's music events; initial events expected to generate >250 fan travel packages each.
- Acquisition provides access to creator ecosystem with billions of followers; TikTok Shop GMV projected >$100B in 2026.

## SEC filing metadata
- accession: 0001493152-26-028538
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2026-06-12T21:38:35+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788611/000149315226028538/0001493152-26-028538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000149315226028538/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-028538
- JSON: https://secwatch.observer/filing/0001493152-26-028538.json
- Plain text: https://secwatch.observer/filing/0001493152-26-028538.txt

## Key facts
- M&A Transactions
  NextTrip, Inc. completed an acquisition involving Founding Shareholders for 50,000 restricted shares of the Company (closed 2026-06-10).
  - Action: acquisition
  - Counterparty: Founding Shareholders
  - Consideration: 50,000 restricted shares of the Company
  - Closing: 2026-06-10
  source text: the Company purchased from the Founding Shareholders 51% of the outstanding shares of Yada (the “Yada Shares”). The aggregate consideration under the Purchase Agreement is 50,000 restricted shares of the Company (the “ Company Shares”). The Company granted to the Founding Shareholders piggyback registration rights subject to cut backs required under Rule
  evidence_url: https://www.sec.gov/Archives/edgar/data/788611/000149315226028538/0001493152-26-028538-index.htm
- Material Agreements
  NextTrip, Inc. entered into Stock Purchase Agreement with Yada Commerce Inc, High Class Holdings LLC and Carbon Capital Corp, the shareholders of Yada (collectively, the “Founding Shareholders”) valued at 50,000 restricted shares of the Company (effective 2026-06-10).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Yada Commerce Inc, High Class Holdings LLC and Carbon Capital Corp, the shareholders of Yada (collectively, the “Founding Shareholders”)
  - Value: 50,000 restricted shares of the Company
  - Effective: 2026-06-10
  source text: On June 10, 2026 (the “Effective Date”), NextTrip, Inc. (the “Company”) entered into a Stock Purchase Agreement (the “Purchase Agreement”) with Yada Commerce Inc (“Yada”) and High Class Holdings LLC and Carbon Capital Corp, the shareholders of Yada (collectively, the “Founding Shareholders”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/788611/000149315226028538/0001493152-26-028538-index.htm
- Material Agreements
  NextTrip, Inc. entered into Cooperation and Earnout Agreement with Yada valued at an aggregate of 225,000 restricted shares of the Company’s common stock and warrants to purchase up (effective 2026-06-10).
  - Action: entry
  - Counterparty: Yada
  - Value: an aggregate of 225,000 restricted shares of the Company’s common stock and warrants to purchase up
  - Effective: 2026-06-10
  source text: Concurrently with the entering into of the Purchase Agreement, the Company entered into a Cooperation and Earnout Agreement (the “Earnout Agreement”) with Yada regarding the post-closing operations of Yada, the role of the Company, and the compensation arrangement for the Founding Shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788611/000149315226028538/0001493152-26-028538-index.htm

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