{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-008401","form_type":"8-K","ticker":"NTRP","cik":"0000788611","company_name":"NextTrip, Inc.","filed_at":"2025-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.271217+00:00","generated_at":"2026-05-22T23:21:37.762373+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NextTrip issues 129K Series O Preferred shares and pays $400K milestone payments for FSA Travel acquisition","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-008401","json":"https://secwatch.observer/filing/0001641172-25-008401.json","markdown":"https://secwatch.observer/filing/0001641172-25-008401.md","text":"https://secwatch.observer/filing/0001641172-25-008401.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788611/000164117225008401/0001641172-25-008401-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788611/000164117225008401/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T23:21:37.762373+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"}