NextTrip acquires JOURNY FAST channel from Ovation for $300k cash and restricted shares

NextTrip, Inc.

Acquired JOURNY assets (trademarks, domains, apps) from Ovation LLC for $300k cash and 20k restricted shares.
License fee of $336,801 payable over 2 years; Ovation retains ownership stake via shares.
JOURNY is a travel-themed FAST channel reaching ~17M active devices monthly on leading platforms.
Acquisition aims to enhance NextTrip's content portfolio and strengthen Compass.tv platform.
FAST market projected to reach $12B U.S. revenue by 2027, with 15.4% CAGR globally.

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