---
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"
generated_at: "2026-05-19T00:32:29.309990+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NextTrip completes FSA Travel acquisition; acquired entity posts FY2024 loss of $201k

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-016149
- JSON: https://secwatch.observer/filing/0001641172-25-016149.json
- Plain text: https://secwatch.observer/filing/0001641172-25-016149.txt

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