---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-003841"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:42:12.186878+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NextTrip issues $645K promissory notes to chairman; reelects Monaco as director and ratifies auditor

## Summary
- Issued $500K note for new cash and $145K note for prior advances from Donald P. Monaco Insurance Trust (chairman Monaco trustee).
- Both notes at 7.5% simple interest, unsecured, mature April 8, 2026, prepayable without penalty.
- Annual meeting: Donald Monaco re-elected as Class I director with 883,846 votes for, 648 against, 10,039 abstentions.
- Shareholders ratified Haynie & Company as independent auditor for fiscal 2025 (909,733 for, 573 against).
- Quorum of 47.3% achieved; total shares eligible to vote 1,922,946 as of record date March 7, 2025.

## SEC filing metadata
- accession: 0001641172-25-003841
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788611/000164117225003841/0001641172-25-003841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000164117225003841/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-003841
- JSON: https://secwatch.observer/filing/0001641172-25-003841.json
- Plain text: https://secwatch.observer/filing/0001641172-25-003841.txt

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