Highest-materiality recent filing
NextTrip borrows $200K from director's trust; total Monaco Loans $500K at 7.5% due June 30, 2026
On May 29, 2026, NextTrip borrowed $200,000 from The Donald P. Monaco Insurance Trust, an entity affiliated with director Donald P. Monaco.
NextTrip raises $1.015M via Series B Convertible Preferred Stock and warrant
Issued 368,421 Series B Preferred Shares at $2.755 each plus 40,000 issuance fee shares and a warrant for 100,000 common shares at $2.755.
NextTrip appoints three media executives; JOURNY ad impressions to reach 50-60M
Appointed Casey D'Ambra as VP Media & Distribution, and Assaf Blecher and Nir Haklili as Managing Directors of NextTrip Media.
NextTrip enters new CFO employment agreement with Frank Orzechowski
CFO Frank Orzechowski signs employment agreement effective Feb 10, 2026; base salary $250,000.
Signed agreement with Hilton Advisory Group to develop premium wellness and longevity travel products across JOURNY.tv and Five Star Alliance.
NextTrip's JOURNY greenlights 8-episode wedding series 'I DO: In Destination' hosted by Ben Higgins
Eight-episode series 'I DO: In Destination' follows real couples' destination weddings at luxury resorts in Mexico and the Caribbean.
NextTrip updates on JOURNY expansion via KC Global Media JV, GoUSA acquisition closed
KC Global Media advances distribution in India, SEA, and ANZ; road shows and platform discussions underway.
NextTrip closes acquisition of GoUSA TV assets for $700k; expands media-to-travel ecosystem
Acquired select content, brand rights, distribution assets of GoUSA TV for $350k cash plus $350k in restricted NTRP shares.
NextTrip Q3 revenue surges 1,508% to $1.2M; deferred revenue $1.7M
Revenue $1.2M vs $74,635 (+1,508% YoY); nine-month revenue $2.1M (+402% YoY).
NextTrip prices $3M private placement of 1M shares and warrants; total equity raise $5M
Gross proceeds ~$3M from 1M shares and 1M warrants at $3.43 exercise price, 4-year term.
NextTrip launches JOURNY apps on iOS, Roku, Android; targets 250M viewers in 2026
Launched JOURNY apps for Apple iOS, Roku, and Android, expanding travel content to mobile and connected TV platforms.
NextTrip raises $1M via private placement of 333,334 shares and warrants
Sold 333,334 restricted shares and 3-year warrants for 166,667 shares at $3.00 exercise to Charcoal Investments for $1,000,000.
NextTrip stockholders approve all five proposals at annual meeting
Elected William Kerby and Jimmy Byrd as Class II directors with ~5.7M votes each.
NextTrip provides update post TA Pipeline acquisition; reports 446% QoQ growth
Completed acquisition of TA Pipeline LLC in late August 2025; launched new website at tapipeline.com.
NextTrip reports Q2 revenue $757,648, up 446% QoQ; acquires TA Pipeline, expands media platform
Revenue of $757,648 for Q2 FY2026, exceeding total revenue for entire prior fiscal year; 446% increase from Q1 FY2026.
Six original series including 'Borderless Table', 'Origins of Dance', 'Beyond the Known', 'Eco Luxe', 'TIDE', and 'Whipped' premiere in 2026.
NextTrip announces original series TIDE on JOURNY, sponsored by Sea Cloud Cruises
TIDE premieres Spring 2026 exclusively on JOURNY streaming and VOD platforms.
NextTrip converts $152,970 of related-party loans into Series Q Preferred Stock
Converted $152,970 (principal + accrued interest) owed to directors Carmen Diges and Stephen Kircher into 47,803 Series Q Preferred shares at $3.20/share.
NextTrip raises $260K via Series Q Preferred Stock private placement
Issued 81,250 shares of Series Q Nonvoting Convertible Preferred at $3.20/share for gross proceeds of $260,000 to accredited investors.
NextTrip launches Travel Magazine 2.0 digital platform with AI-powered CMS and booking integration
Travel Magazine 2.0 is a mid-funnel editorial platform bridging JOURNY streaming content to NextTrip's booking engine and Five Star Alliance.
NextTrip sets 2026 annual meeting for Oct 7, 2025; shareholder proposal deadline August 24
Annual meeting date is October 7, 2025, changed by more than 30 days from prior year.
NextTrip acquires TA Pipeline for $443K cash + 96,774 shares; target projects $8M revenue
Acquisition: NextTrip (NTRP) acquired all membership interests of TAPipeline LLC for $443,169 cash and 96,774 restricted shares (valued at $3.10/share = $300,000), closed Aug 6, 2025.
NextTrip pro forma net loss $4.5M on $152K revenue for Q1 after FSA acquisition closure
Pro forma net loss $4.5M ($0.69/share) for three months ended May 31, 2025 on revenue of $152K.
NextTrip partners with KC Global Media to launch Journy channel in SE Asia; Kaplan joins board
Partnership with KC Global Media to launch Journy-branded TV and digital channel in Southeast Asia.
NextTrip appoints four new directors, four legacy directors resign effective July 28, 2025
Board increased from 5 to 7; CEO Kerby and Andy Kaplan appointed July 17, 2025.
NextTrip discloses FSA Travel Q1 2025 net loss $59K; going concern doubt
FSA Travel revenues $43,683, net loss $59,464 for three months ended March 31, 2025.
NextTrip completes FSA Travel acquisition; acquired entity posts FY2024 loss of $201k
FSA audited FY2024 revenue $381,698, net loss $201,431; accumulated deficit $1.813M.
NextTrip issues final 1.45M Contingent Shares, completing all milestone obligations
On May 5, 2025, issued 1,450,000 Contingent Shares for the fourth Milestone Event under the Exchange Agreement.
NextTrip secures $3M revolving credit line from Chairman at 12% interest
$3M revolving credit facility from Monaco Investment Partners II, LP, controlled by Chairman Donald Monaco; 12% simple interest, maturing May 31, 2027.
On April 28, 2025, NextTrip made all four Milestone Payments under the FSA Travel Purchase Agreement.
Nasdaq confirmed compliance on April 23, 2025 after initial listing approval on March 25 and annual meeting on April 9.
Exercised option to buy remaining 51% of FSA Travel (Five Star Alliance) for $500K cash and 161,291 Series O Nonvoting Convertible Preferred shares.
NextTrip issues $645K promissory notes to chairman; reelects Monaco as director and ratifies auditor
Issued $500K note for new cash and $145K note for prior advances from Donald P. Monaco Insurance Trust (chairman Monaco trustee).
NextTrip acquires JOURNY FAST channel from Ovation for $300k cash and restricted shares
Acquired JOURNY assets (trademarks, domains, apps) from Ovation LLC for $300k cash and 20k restricted shares.
NextTrip raises $300K via convertible note with warrants to Alumni Capital LP
Issued $360K principal note (10% annual interest, matures July 1, 2025) with $60K OID, net $300K proceeds.
On March 25, 2025, Nasdaq approved NextTrip's initial listing application, enabling issuance of 4,393,993 Contingent Shares.
NextTrip faces Nasdaq delisting for missing annual meeting; issues 176,794 unregistered shares
Nasdaq notified NextTrip on March 3 that it failed to hold annual meeting within 12 months of FY end Feb 29, 2024; compliance plan due April 17, 2025.
NextTrip converts $2.6M in debt to restricted equity, eliminates most short-term debt
Converted $2.6M in short-term debt (including $1.5M from CEO Kerby and Chairman Monaco) into restricted preferred stock ahead of Feb 28 fiscal year-end.
NextTrip regains Nasdaq compliance with stockholders' equity above $5M
Regained compliance with Nasdaq minimum $5M stockholders' equity requirement, avoiding immediate delisting.
NextTrip enters share exchange with Blue Fysh for 10% stake; withdraws 5 series of preferred stock
Issued 483,000 shares of Series N Preferred at $5.00 each to Blue Fysh for 117 shares (10% interest) in Blue Fysh.
NextTrip cancels 2025 annual meeting, withdraws proxy proposals, will reschedule
Annual meeting scheduled for February 27, 2025 has been canceled.
NextTrip appoints John McMahon as COO – Travel; to launch cruise booking engine in H1 2025
John McMahon appointed COO – Travel Division; he is CEO and majority shareholder of Five Star Alliance (FSA).
NextTrip paid $500K cash and issued 161,291 Series O Preferred shares for 49% stake in FSA Travel (Five Star Alliance).
NextTrip raises $85K in Series N preferred and warrants; extends forbearance to Mar 2025
Issued 17,000 shares of Series N Nonvoting Convertible Preferred and warrants for 17,000 shares at $5.00/unit for $85,000 gross proceeds.
NextTrip sets 2025 annual meeting for Feb 27; shareholder proposals due within 4 days
Annual meeting set for February 27, 2025.
President Lyndsey North departs NextTrip; receives deferred comp plus one month severance
Lyndsey North departed as President effective January 6, 2025.
NextTrip raises up to $1.72M in cash, converts $2.1M debt into preferred stock
Issued 297,788 Series J preferred shares at $3.02/share for cash.
NextTrip enters forbearance on contingent shares; Nasdaq listing delay key factor
Three of four milestones for 4.35M contingent shares deemed met but issuance delayed due to pending Nasdaq listing.
NextTrip releases investor presentation with business updates; no specific figures disclosed
Investor presentation released on Nov 11, 2024 for use at Trickle Research Fall Conference in Denver.
NextTrip sells additional Series I Preferred shares raising $290K in August and October 2024
On Aug 15, 2024 sold 4,967 shares; Aug 30, 2024 sold 24,834 shares; Oct 2, 2024 sold 66,225 shares at $3.02 per share.
On January 6, 2025 (the “Termination Date”), Lyndsey North, President of NextTrip, Inc., a Nevada corporation (the “Company”), departed the Company.
Max materiality 0.85 · Median 0.57 · Most common event other_material