NextTrip, Inc. 8-K

What Happened
NextTrip, Inc. (NTRP) announced on Feb 3, 2026 (8-K filing) that it entered into an Asset Purchase Agreement with The Corporation for Travel Promotion (doing business as Brand USA) to acquire select content, brand rights and distribution assets of GoUSA TV and to assume certain liabilities. Consideration includes $350,000 cash plus restricted shares valued at $350,000 (based on a 20‑day weighted average price prior to closing), plus ongoing royalty payments tied to advertising and booking revenue.

Key Details

• Purchase price: $350,000 cash + restricted shares valued at $350,000 (valuation based on 20 consecutive trading-day VWAP ending two trading days before closing).
• Advertising royalty: 15% of NextTrip’s gross advertising revenue from exploitation of existing GoUSA TV FAST channel content for three years after closing.
• Booking royalty: For three years after closing, 1% paid for every $100,000 in destination booking revenue directly attributed to the acquired content and future productions; royalties paid quarterly with a minimum payment of $30,000 per quarter.
• Seller: The Corporation for Travel Promotion (Brand USA); assets acquired are GoUSA TV content, brand and distribution assets; NextTrip will assume certain liabilities.

Why It Matters
This deal expands NextTrip’s content library and distribution capabilities, which could increase ad revenue and drive booking conversions tied to travel content. The payment structure mixes modest upfront cash with stock issuance (dilution risk) and multi-year, revenue‑based royalties that create ongoing obligations—most notably a $30,000 quarterly minimum payment—affecting near‑term cash flow. Investors should note the potential for new revenue streams from advertising and bookings alongside added royalty costs and assumed liabilities; the full Purchase Agreement and press release are filed as exhibits to the 8-K.