NextTrip completes full acquisition of Five Star Alliance (remaining 51%) for $500K cash and Series O preferred

NextTrip, Inc.

Exercised option to buy remaining 51% of FSA Travel (Five Star Alliance) for $500K cash and 161,291 Series O Nonvoting Convertible Preferred shares.
FSA becomes wholly-owned; integration will leverage NextTrip's FAST channels (Journy.tv, Compass.tv) reaching ~17M monthly active devices.
Cash portion funded by unsecured promissory note from Donald P. Monaco Trust; Donald Monaco is Chairman and trustee.
Five Star Alliance has 4.9-star Trustpilot rating and 400,000+ monthly site visitors in luxury travel.
CEO Bill Kerby says acquisition strengthens luxury travel position and drives revenue growth across B2C and B2B segments.

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