{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-016149","form_type":"8-K/A","ticker":"NTRP","cik":"0000788611","company_name":"NextTrip, Inc.","filed_at":"2025-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.269697+00:00","generated_at":"2026-05-19T00:32:29.309990+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NextTrip completes FSA Travel acquisition; acquired entity posts FY2024 loss of $201k","bullets":["FSA audited FY2024 revenue $381,698, net loss $201,431; accumulated deficit $1.813M.","Cash at Dec 31, 2024 only $6,987; SBA loan $199,100 outstanding.","Auditor cites substantial doubt about FSA's ability to continue as going concern.","Total consideration for 100% of FSA: $1M cash + 322,582 Series O preferred shares.","FSA is a luxury travel agency with over 5,000 hotel partnerships; now wholly owned by NextTrip."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-016149","json":"https://secwatch.observer/filing/0001641172-25-016149.json","markdown":"https://secwatch.observer/filing/0001641172-25-016149.md","text":"https://secwatch.observer/filing/0001641172-25-016149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788611/000164117225016149/0001641172-25-016149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788611/000164117225016149/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T00:32:29.309990+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"}