NextTrip, Inc.

8-K · form8-k.htm

0000788611

 2026-06-03
 2026-06-03

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 UNITED
STATES

 SECURITIES
AND EXCHANGE COMMISSION

 WASHINGTON,
D.C. 20549

  

 FORM
 8-K

  

 CURRENT
REPORT

  

 Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934

  

 Date
of Report (Date of earliest event reported): June 4,
2026 (May 29, 2026)

  

 NextTrip,
Inc.

 (Exact
name of Registrant as Specified in Its Charter)

  

 Nevada
  
 001-38015
  
 27-1865814

 (State
 or Other Jurisdiction

 of
 Incorporation)

  
 (Commission

 File
 Number)

  
 (IRS
 Employer

 Identification
 No.)

  

 3900
 Paseo del Sol
  
  

 Santa
 Fe , New Mexico
  
 87507

 (Address
 of Principal Executive Offices)
  
 (Zip
 Code)

  

 Registrant’s
Telephone Number, Including Area Code: (505) 438-2576

  

  

 (Former
Name or Former Address, if Changed Since Last Report)

  

 Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:

  

 ☐
 Written
 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

  
  

 ☐
 Soliciting
 material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

  
  

 ☐
 Pre-commencement
 communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  
  

 ☐
 Pre-commencement
 communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

 Securities
registered pursuant to Section 12(b) of the Act:

  

 Title
 of each class
  
 Trading
 Symbol(s)
  
 Name
 of each exchange on which registered

 Common
 Stock, par value $0.001 per share
  
 NTRP
  
 The
 Nasdaq Stock Market LLC

  

 Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

  

 Emerging
growth company ☐

  

 If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

  

  

  

  

  

  

 Item
1.01 Entry into a Material Definitive Agreement

  

 On
May 29, 2026, NextTrip, Inc. (the “Company”) borrowed on a short- term basis the amount of $200,000 (the “May 29 Loan”)
from The Donald P. Monaco Insurance Trust (the “Trust”). Donald P. Monaco, a director of the Company, is the trustee of the
Trust. The May 29 Loan was one of a series of short-term unsecured loans made by the Trust (the “Monaco Loans”) commencing
March 25,2026 which, as of the date of this Current Report, have a principal balance of $500,000. Interest accrues on the Monaco Loans
at a rate of 7.5% simple interest per annum. The maturity date of the Monaco Loans is June 30, 2026. The Monaco Loans have been approved
by the both the Company’s Board of Directors and its Audit Committee.

  

 Item
2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

  

 The
information in Item 1.01 is hereby incorporated herein by reference

  

 2

  

  

 SIGNATURES

  

 Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

  

  
  
 NEXTTRIP,
 INC.

  
  
  
  

 Date:
 June
 4, 2026
 By:
 /s/
 William Kerby

  
  
 Name:
 William
 Kerby

  
  
 Title:
 Chief
Executive Officer

  

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