Financing ·
NextTrip, Inc. entered into a securities purchase agreement with Lind Global Fund III LP to receive $4,000,000 in…
NTRPNextTrip, Inc.
NextTrip, Inc. entered into a securities purchase agreement with Lind Global Fund III LP to receive $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. The note is non-interest bearing and will be repaid in 14 consecutive monthly installments of $328,571 starting 120 days from issuance. NextTrip, Inc. is a technology-forward travel and media company operating at the intersection of travel, media, and the creator economy.