NextTrip, Inc.

NextTrip, Inc. secured additional short-term unsecured loans totaling $250,000 from The Donald P. Monaco Insurance Trust, bringing the total principal balance of these Monaco Loans to $950,000. The loans, which accrue interest at 7.5% per annum, have had their maturity date extended to July 15, 2026. The transactions were approved by the company's Board of Directors and Audit Committee.

NextTrip, Inc. announced the acquisition of a 51% controlling interest in Yada Commerce Inc., a fully licensed TikTok Partner Agency and creator-commerce platform. The acquisition, valued at 50,000 restricted shares of NextTrip, aims to accelerate NextTrip's vision to build a global creator, entertainment, and travel commerce ecosystem. A Cooperation and Earnout Agreement was also established, including an earnout pool of 225,000 restricted shares and warrants, and outlining NextTrip's role as Yada's exclusive preferred travel provider.

NextTrip, Inc. has entered into a short-term loan agreement for $200,000 with The Donald P. Monaco Insurance Trust, bringing the total outstanding principal from the Trust to $500,000. The loans accrue interest at 7.5% simple interest per annum and are due by June 30, 2026. Donald P. Monaco, a director of NextTrip, Inc., serves as the trustee for the lending trust. The loans have received approval from the Company's Board of Directors and its Audit Committee.

NextTrip, Inc. launched JournyGO, its agentic AI-powered consumer engagement and booking ecosystem, on March 31, 2026, marking the full commercial activation of its content-to-commerce strategy. The company also expanded its offerings through the acquisitions of Five Star Alliance, TA Pipeline, and GoUSA TV assets, and a joint venture with KC Global Media. Despite these strategic developments, NextTrip is in the early stages with nominal revenues and faces substantial doubt about its ability to continue as a going concern for the next 12 months, requiring significant additional capital.

NextTrip, Inc. completed a Series B Offering, raising $1,015,000 from an accredited investor through a securities purchase agreement. The company issued 368,421 Series B Convertible Preferred Shares, an additional 40,000 shares as an issuance fee, and a five-year warrant to purchase 100,000 shares of Common Stock, all at $2.7550 per share. The company's obligations are secured by a pledge of 1,365,314 shares of Common Stock owned by CEO William Kerby. The proceeds will be used for working capital and general corporate purposes, and the company plans to file a registration statement for the resale of the underlying shares.