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NextTrip Converts Promissory Notes to Preferred Stock

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NextTrip Converts Promissory Notes to Preferred Stock

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The latest update is out from NextTrip ( (NTRP) ).

NextTrip, Inc., a Nevada corporation, announced the issuance and sale of restricted shares of its newly designated Series Q Nonvoting Convertible Preferred Stock. On September 15, 2025, the company converted $152,970 in unsecured promissory notes into 47,803 shares of Series Q Preferred Stock, involving two independent directors, Carmen Diges and Stephen Kircher. This conversion was retroactive to September 3, 2025, and the shares are considered restricted securities under the Securities Act.

The most recent analyst rating on (NTRP) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.

Spark’s Take on NTRP Stock

According to Spark, TipRanks’ AI Analyst, NTRP is a Neutral.

NextTrip’s overall stock score is primarily affected by its challenging financial performance, with unprofitable operations and declining revenues being major concerns. While technical analysis and valuation indicators are weak, recent corporate events suggest potential for future improvement, but significant risks remain.

To see Spark’s full report on NTRP stock, click here.

More about NextTrip

Average Trading Volume: 23,398

Technical Sentiment Signal: Sell

Current Market Cap: $28.6M

Learn more about NTRP stock on TipRanks’ Stock Analysis page.

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