NextTrip raises up to $4.6 million via senior secured convertible note with Lind Global Fund III

NextTrip, Inc.

NextTrip, Inc.

NTRP

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  • NextTrip set an 18-month senior secured convertible note with Lind Global Fund III for up to USD 4.6 million.
  • Structure allows full cash repayment of principal and interest, limiting the need for share issuance.
  • Note carries a fixed conversion price of USD 3.88 per share.
  • Proceeds earmarked for platform commercialization, NextTrip Pro rollout, working capital, debt reduction to simplify the capital structure.


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