---
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"
generated_at: "2026-05-22T02:39:49.859819+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NextTrip issues final 1.45M Contingent Shares, completing all milestone obligations

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-009483
- JSON: https://secwatch.observer/filing/0001641172-25-009483.json
- Plain text: https://secwatch.observer/filing/0001641172-25-009483.txt

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