{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-009483","form_type":"8-K","ticker":"NTRP","cik":"0000788611","company_name":"NextTrip, Inc.","filed_at":"2025-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.271745+00:00","generated_at":"2026-05-22T02:39:49.859819+00:00","sec_items":["3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NextTrip issues final 1.45M Contingent Shares, completing all milestone obligations","bullets":["On May 5, 2025, issued 1,450,000 Contingent Shares for the fourth Milestone Event under the Exchange Agreement.","All Contingent Shares under the Share Exchange Agreement have now been issued; no further commitments remain.","Shares were issued as restricted securities in reliance on Section 4(a)(2) and Regulation D; not registered under the Securities Act.","NextTrip Sellers qualified as accredited investors; issuance satisfies all earnout obligations from the October 2023 acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-009483","json":"https://secwatch.observer/filing/0001641172-25-009483.json","markdown":"https://secwatch.observer/filing/0001641172-25-009483.md","text":"https://secwatch.observer/filing/0001641172-25-009483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788611/000164117225009483/0001641172-25-009483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788611/000164117225009483/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T02:39:49.859819+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"}