{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-002933","form_type":"8-K","ticker":"NTRP","cik":"0000788611","company_name":"NextTrip, Inc.","filed_at":"2025-04-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.270217+00:00","generated_at":"2026-05-23T20:30:19.946713+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NextTrip acquires JOURNY FAST channel from Ovation for $300k cash and restricted shares","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-002933","json":"https://secwatch.observer/filing/0001641172-25-002933.json","markdown":"https://secwatch.observer/filing/0001641172-25-002933.md","text":"https://secwatch.observer/filing/0001641172-25-002933.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788611/000164117225002933/0001641172-25-002933-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788611/000164117225002933/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T20:30:19.946713+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}