NextTrip issues 89,430 shares in unregistered sale to settle USD 144,877 director pay debt
NTRP•Unregistered offering under Regulation D
The sale was completed as an unregistered offering under Section 4(a)(2) and Rule 506 of Regulation D.
Private placement to settle director compensation
NextTrip entered a private placement on July 31, 2026, issuing 89,430 common shares to current and former directors.
Shares were priced at USD 1.62 each, matching the July 31 closing price.
The issuance settled USD 144,876.71 of remaining unpaid board compensation debt following a USD 144,876.71 cash repayment.
