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NextTrip, Inc.

NTRP · Nasdaq

No reporting failures in the last 12 months

It filed on time and stood behind its numbers. Of companies scoring zero, 4.0% were delisted, went bankrupt, restated or stopped filing within the following year.

$18Mpublic float
2024-05-31most recent failure

Score over time

012202220232024202520262024-04-01 · score 12024-02-22 auditor change2024-07-01 · score 22024-05-31 filed late (10-K) · acquisition or merger2024-02-22 auditor change2024-10-01 · score 22024-05-31 filed late (10-K) · acquisition or merger2024-02-22 auditor change2025-01-01 · score 22024-05-31 filed late (10-K) · acquisition or merger2024-02-22 auditor change2025-04-01 · score 12024-05-31 filed late (10-K) · acquisition or merger

Hover or tap a dot to see the filings behind that score.

Why they said they were late

NextTrip, Inc. (the “Company”) has determined that it is unable to file its Annual Report on Form 10-K for the fiscal year ended February 29, 2024 (the “Annual Report”) within the prescribed time period without unreasonable effort or expense. The Company requires additional time to finalize certain of the disclosures in its Annual Report, as well as the financial statements to be filed as part of the Annual Report. On December 29, 2023, the Company (then known as Sigma Additive Solutions, Inc.) entered into a Share Exchange Agreement (as amended, the “Share Exchange Agreement”) with NextTrip Holdings, Inc. (“NextTrip”), NextTrip Group, LLC, and William Kerby, as the NextTrip Representative, pursuant to which the Company acquired 100% of the outstanding equity interests of NextTrip (the “Acquisition”), with NextTrip continuing as a wholly-owned subsidiary of the Company. As consideration for the Acquisition, at closing the Company issued 156,007 restricted shares of its common stock, constituting 19.99% of its issued and outstanding shares of common stock immediately prior to execution of the Share Exchange Agreement, and agreed to issue up to an aggregate of 5,843,993 shares of common stock as further consideration upon NextTrip’s achievement of certain milestones set forth in the Share Exchange Agreement. The Acquisition closed on December 29, 2023. The Acquisition was accounted for as a reverse acquisition, with NextTrip being deemed the acquiring company for accounting purposes. Additionally, upon closing of the Acquisition, the Company adopted the fiscal year of NextTrip, resulting in a change in the Company’s fiscal year end from December 31 to February 28/29

NT 10-K, filed 2024-05-31 · acquisition or merger

What it filed

2024-05-31filed late (10-K)acquisition or merger SEC →

NextTrip, Inc. (the “Company”) has determined that it is unable to file its Annual Report on Form 10-K for the fiscal year ended February 29, 2024 (the “Annual Report”) within the prescribed time period without unreasonable effort or expense. The Company requires additional time to finalize certain of the disclosures in its Annual Report, as well as the financial statements to be filed as part of the Annual Report. On December 29, 2023, the Company (then known as Sigma Additive Solutions, Inc.) entered into a Share Exchange Agreement (as amended, the “Share Exchange Agreement”) with NextTrip Holdings, Inc. (“NextTrip”), NextTrip Group, LLC, and William Kerby, as the NextTrip Representative, pursuant to which the Company acquired 100% of the outstanding equity interests of NextTrip (the “Acquisition”), with NextTrip continuing as a wholly-owned subsidiary of the Company. As consideration for the Acquisition, at closing the Company issued 156,007 restricted shares of its common stock, constituting 19.99% of its issued and outstanding shares of common stock immediately prior to execution of the Share Exchange Agreement, and agreed to issue up to an aggregate of 5,843,993 shares of common stock as further consideration upon NextTrip’s achievement of certain milestones set forth in the Share Exchange Agreement. The Acquisition closed on December 29, 2023. The Acquisition was accounted for as a reverse acquisition, with NextTrip being deemed the acquiring company for accounting purposes. Additionally, upon closing of the Acquisition, the Company adopted the fiscal year of NextTrip, resulting in a change in the Company’s fiscal year end from December 31 to February 28/29

2024-02-22auditor changed or resigned SEC →

About this score

reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.

Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.

See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.

Every item above is a filing this company made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not investment advice

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