NextTrip borrows $250K in short-term loans from director's trust; total Monaco Loans $950K

NextTrip, Inc.

Borrowed $150K on June 25 and $100K on June 30 from The Donald P. Monaco Insurance Trust (related party).
Total principal balance of Monaco Loans (series since March 25, 2026) is $950,000 as of filing.
Interest at 7.5% simple per annum; maturity extended to July 15, 2026.
Loans approved by Board and Audit Committee.

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