NextTrip issues 129K Series O Preferred shares and pays $400K milestone payments for FSA Travel acquisition

NextTrip, Inc.

On April 28, 2025, NextTrip made all four Milestone Payments under the FSA Travel Purchase Agreement.
Issued 129,032 shares of Series O Nonvoting Convertible Preferred Stock to FSA Members.
Made cash payments totaling $400,000 (four $100,000 installments) in conjunction with the share issuances.
Shares were issued as restricted securities in reliance on Section 4(a)(2) and Regulation D exemptions.
Milestones included achieving travel bookings and providing remote access to FSA's booking engine.

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