NextTrip, Inc. filings document material events, financing transactions, governance matters, and operating updates for a Nevada travel and media company. Recent 8-K disclosures cover agreements tied to GoUSA TV content, brand rights and distribution assets, a Series B convertible preferred stock and warrant financing, and related resale-registration and participation rights.
The company’s filings also furnish press releases on JOURNY, Five Star Alliance, TA Pipeline, premium wellness travel products, content programming, international media expansion, and quarterly financial results. Governance disclosures include executive employment and compensation arrangements, while acquisition and securities filings describe consideration, restricted common shares, royalties, assumed liabilities, and risk-related forward-looking statements.
NextTrip, Inc. director and 10% owner Donald P. Monaco, through the Donald P. Monaco Insurance Trust, acquired 17,886 shares of common stock on July 31, 2026 by exchanging unpaid wages at $1.62 per share.
The Insurance Trust now holds 2,100,182 shares. Monaco is also deemed to beneficially own additional indirect holdings of 1,733, 11,386 and 64,064 shares via affiliated entities, while disclaiming beneficial ownership beyond his pecuniary interests.
NextTrip, Inc. entered a Securities Purchase Agreement on July 31, 2026 with former directors Salvatore Battinelli, Jacob Brunsberg, Dennis Duitch, Kent Summers and current director Donald Monaco to issue 89,430 shares of common stock at $1.62 per share. The shares are issued in connection with unpaid board compensation treated as debt owed to these directors.
As of July 31, 2026, aggregate unpaid compensation totaled $289,753.42; $144,876.71 was repaid in cash and the remaining $144,876.71 is satisfied through the stock issuance. Upon issuance, this debt is deemed fully discharged and the directors release all related claims against the company.
This related-party transaction was reviewed and approved by disinterested directors and the audit committee under Nevada law, Nasdaq listing rules and the company’s Related Party Transactions Policy. The shares are unregistered and were sold in a private offering relying on Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D, without general solicitation or advertising.
NextTrip, Inc. identifies D'Ambra Casey Alexandra as an executive officer, serving as President of Media, through an initial insider ownership report. The report shows no reportable securities transactions or holdings and notes an attached Power of Attorney authorizing certain actions on her behalf.
NextTrip, Inc. entered into a financing with Lind Global Fund III LP that provides $4,000,000 in funding in exchange for a $4,600,000 Senior Secured Convertible Promissory Note and a Common Stock Purchase Warrant for 1,030,928 shares at $3.88 per share, plus a $120,000 commitment fee deducted from funding.
The non-interest-bearing note, described as an 18‑month senior secured convertible note, is to be repaid in 14 monthly installments of $328,571 beginning 120 days after issuance. Installments may be satisfied in cash at 1.04 times the payment amount, in stock at a formula-based Repayment Share Price, or a mix, subject to conditions. Lind may convert principal at a fixed price of $3.88 per share and holds a five‑year warrant, with issuances capped by a 4.99% Beneficial Ownership Limitation (adjustable up to 9.99%) and a 19.99% aggregate issuance threshold without stockholder approval under Nasdaq Listing Rule 5635(d). The note is secured by a first‑priority lien on all assets, subsidiary guarantees, and equity pledges, and becomes immediately due at 120% of outstanding principal upon defined events of default. NextTrip states it plans to use the capital to advance its media and travel platforms, support working capital, and repay certain existing convertible obligations in cash.
NextTrip, Inc. appointed Casey D’Ambra as President of Media, effective July 13, 2026, and designated her as an executive officer. She will receive a base annual salary of $205,000 and is eligible for a bonus of up to $50,000, payable in restricted shares upon achievement of specified milestones.
Her employment is on a month-to-month basis. If she is involuntarily terminated within the first twelve months, she is entitled to severance equal to twelve months of base salary; after twelve months, severance equals four weeks of base salary per year of service, capped at twelve weeks. The company reports no related-party or family relationships and outlines prior roles at Brand USA and National Geographic.
NextTrip, Inc. reported revenue of $1,451,735 for the three months ended May 31, 2026, up sharply from $138,827 a year earlier, generating gross profit of $208,099. Operating expenses fell to $3,121,852 from $4,678,643, reducing the operating loss to $2,913,753 and net loss to $3,125,469, or $0.22 per share.
Cash declined to $803,490, with net cash used in operating activities of $2,343,339 and a working capital deficit of $1,599,429. Management disclosed an accumulated deficit of $53,742,579 and stated there is substantial doubt about continuing as a going concern without additional financing. The company continued integrating travel and media acquisitions (including FSA Travel, TA Pipeline, JOURNY.tv and GoUSA TV assets), added mezzanine equity and related-party debt, and carried derivative and contingent liabilities tied to put options and earnouts.
NextTrip, Inc. amended its existing Line of Credit Agreement with Monaco Investment Partners II, LP, which provides a principal amount of up to $3,000,000. The agreement was originally dated May 6, 2025.
Effective July 13, 2026, the amendment extends the Maturity Date for payment of all obligations under the facility to May 31, 2028. The lender is controlled by director Donald P. Monaco, and the amendment was approved by the company’s board of directors and audit committee, and is treated as creating a direct financial obligation.
NextTrip, Inc. entered into additional short-term financing arrangements with a related party. On June 25 and June 30, 2026, the company borrowed $150,000 and $100,000 from The Donald P. Monaco Insurance Trust, bringing the principal balance of these unsecured Monaco Loans to $950,000. The loans accrue interest at 7.5% simple interest per year and the maturity date for the Monaco Loans has been extended to July 15, 2026. The company states that its Board of Directors and Audit Committee have approved these related-party loan arrangements.
NextTrip, Inc. director David T. Jiang bought 18,200 shares of common stock in an open-market purchase at $2.75 per share. In the same agreement, he received a warrant to purchase an additional 18,200 common shares at an exercise price of $2.75, exercisable until June 18, 2029. Following the transaction, he directly owns 1,582,157 common shares and 92,289 warrants, indicating a modest increase in his overall stake.
NextTrip, Inc. has acquired a controlling 51% stake in YADA Commerce Inc., a fully licensed TikTok Partner Agency and creator-commerce platform, through a Stock Purchase Agreement dated June 10, 2026. The founding shareholders received 50,000 restricted shares of NextTrip as consideration.
Concurrently, the parties entered into a three-year Cooperation and Earnout Agreement that can award up to 225,000 additional restricted shares and 225,000 warrants at an exercise price of $2.75, tied to NextTrip’s share of net profits from specified activities. YADA will remain operationally led by its founders, while NextTrip becomes YADA’s preferred travel provider and gains exclusive travel-related rights across YADA channels.