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NextTrip, Inc. Board/Management Information 2025

Jan 10, 2025

34837_rns_2025-01-10_c249387e-06a0-43c1-8108-ae0751512dca.zip

Board/Management Information

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

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FORM 8-K

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CURRENT REPORT

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

Date of Report (Date of earliest event reported): January 6, 2025

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NextTrip, Inc.

(Exact name of Registrant as Specified in Its Charter)

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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)

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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. ☐

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 6, 2025 (the “Termination Date”), Lyndsey North, President of NextTrip, Inc., a Nevada corporation (the “Company”), departed the Company. Ms. North’s departure was not related to the Company’s financial or operating results or to any disagreements or concerns regarding the Company’s financial or reporting practices.

As a result of Ms. North’s departure, Ms. North’s employment agreement, dated June 17, 2022, also terminated on the Termination Date. In connection with her departure, the Company will pay Ms. North all deferred compensation owed to Ms. North as of the Termination Date and, subject to her execution and non-revocation of a waiver and release of claims agreement, Ms. North will also be entitled to receive accrued interest on her deferred compensation through the Termination Date, plus severance in an amount equal to one month of her base salary.

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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. — By: | /s/
William Kerby |
| --- | --- |
| Name: | William Kerby |
| Title: | Chief Executive Officer |

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