February 10, 2025 · Form 4 insider transaction
McMahon John Patrick bought 61,243 shares of NextTrip, Inc. at $3.10 per share, a transaction worth $189.9K. The trade was recorded as j and disclosed on an SEC Form 4, filed 269 days after the transaction.
The shares (the "Shares") of Series O Nonvoting Convertible Preferred Stock ("Series O Preferred") shall not be convertible into shares of Common Stock unless and until stockholder approval of the conversion of the Series O Preferred into Common Stock ("Stockholder Approval") is obtained. Following receipt of Stockholder Approval, each share of Series O Preferred will automatically convert into one share of Common Stock, subject to certain limitations.; The Shares were acquired from the Issuer in private transactions pursuant to a membership interest purchase agreement at a purchase price of $3.10 per Share.; The Shares do not expire.