Form 8-K

8-K — NextTrip, Inc.

Accession: 0001493152-26-033303

Filed: 2026-07-15

Period: 2026-07-15

CIK: 0000788611

SIC: 4700 (TRANSPORTATION SERVICES)

Item: Entry into a Material Definitive Agreement

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): July 15, 2026 (July 13, 2026)

NextTrip,

Inc.

(Exact

name of Registrant as Specified in Its Charter)

Nevada

001-38015

27-1865814

(State

or Other Jurisdiction

Incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

3900

Paseo del Sol

Santa

Fe, New Mexico

87507

(Address

of Principal Executive Offices)

(Zip

Code)

Registrant’s

Telephone Number, Including Area Code: (505) 438-2576

(Former

Name or Former Address, if Changed Since Last Report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $0.001 per share

NTRP

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

1.01 Entry into a Material Definitive Agreement

NextTrip,

Inc. (the “Company”) and Monaco Investment Partners II, LP (the “Lender”) entered into a Line of Credit Agreement

dated as of May 6, 2025 (the “Credit Agreement”) pursuant to which the Lender agreed to provide to the Company a line of

credit in the principal amount of up to $3,000,000. Effective July 13, 2026, the parties agreed to amend the Credit Agreement (the “Amendment”)

to extend until May 31, 2028 the Maturity Date for the payment of all obligations under the Credit Agreement. Donald P. Monaco, a director

of the Company, controls the Lender. The Amendment has been approved by the both the Company’s Board of Directors and its Audit

Committee.

Item

2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The

information in Item 1.01 is hereby incorporated herein by reference

Item

9.01 Financial Statements and Exhibits

(d)

Exhibits. The following exhibits are filed herewith

Exhibit

Number

Description

10.1

Amendment to Credit Agreement

104

Cover

page Interactive Data File (embedded within the inline XBRL Document

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

NEXTTRIP,

INC.

Date:

July

15, 2026

By:

/s/

William Kerby

Name:

William Kerby

Title:

Chief Executive Officer

EX-10.1

Filename: ex10-1.htm · Sequence: 2

Exhibit

10.1

AMENDMENT

LINE

OF CREDIT AGREEMENT

THIS

AMENDMENT TO THE LINE OF CREDIT AGREEMENT (this “Amendment”), dated as of July 13, 2026, is made by and among NextTrip,

Inc, a Nevada corporation (the “Borrower”), and Monaco Investment Partners II, LP, a Limited Partnership organized

under the laws of the State of Illinois (the “Lender”). The Borrower and Lender shall be referred to herein, jointly,

as the “Parties” and, individually, as a “Party.”

RECITALS

WHEREAS,

the Borrower and the Lender entered into that certain Line of Credit Agreement, dated as of May 6, 2025 (as may be amended, restated,

supplemented and otherwise modified from time to time, the “Credit Agreement”);

WHEREAS,

the original maturity date for the Credit Agreement was May 31, 2027 (the “Original Maturity Date”);

WHEREAS,

pursuant to Section 6.2 of the Credit Agreement, a written instrument executed by the Borrower and the Lender is required to amend the

Credit Agreement; and

WHEREAS,

the Borrower and the Lender desire and hereby agree to amend the Credit Agreement to extend the Maturity Date as set forth herein, and

acknowledge and confirm that the Credit Agreement, as so amended, is not cancelable and will not expire within one year of the Original

Maturity Date.

NOW,

THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the

receipt and adequacy of which are hereby acknowledged, the Parties hereby agree as follows:

AGREEMENT

Definitions; Interpretation.

Capitalized

terms used but not defined herein have the same meanings as in the Credit Agreement.

Consent.

The

Borrower and the Lender hereby consent to the amendment to the Credit Agreement contemplated herein.

Amendment to the Credit Agreement.

of [July __, 2026] (the “Effective Date”), the Credit Agreement shall be amended as follows.

(a)

Section 3.1 is hereby amended and restated in its entirety

to read as follows:

3.1

Maturity Date: The full outstanding principal balance, together with any accrued but unpaid interest, shall be due and payable in full

by Borrower on May 31, 2028, unless otherwise extended by mutual written agreement of the parties.

Confirmation of Non-Cancellability.

The

Parties acknowledge and agree that, from and after the Effective Date, the Credit Agreement, as amended hereby, shall remain in full

force and effect through May 31, 2028, and shall not be cancelable or terminable by either Party prior to such date, except as expressly

provided in the Credit Agreement as amended hereby. For the avoidance of doubt, the foregoing shall not limit Borrower’s right

to prepay amounts outstanding under Section 3.2 of the Credit Agreement.

Miscellaneous.

THIS AMENDMENT SHALL BE

GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF ILLINOIS.

Other than as expressly

modified pursuant to this Amendment, all provisions of the Credit Agreement (as previously amended, restated or otherwise modified

pursuant to the terms thereof) remain unmodified and in full force and effect.

If any term or other provision

of this Amendment is invalid, illegal or incapable of being enforced by any rule of applicable law or public policy, all other conditions

and provisions of this Amendment shall nevertheless remain in full force and effect so long as the economic or legal substance of

the transactions contemplated herein are not affected in any manner materially adverse to any Party.

The headings of various

sections of this Amendment are for convenience of reference only, do not constitute a part hereof and shall not affect the meaning

or construction of any provision hereof.

This Amendment may be executed

by one or more of the Parties to this Amendment on any number of separate counterparts, and all of said counterparts taken together

shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment in Portable Document

Format (PDF) shall be effective as delivery of a manually executed counterpart hereof.

[Remainder

of page left intentionally blank. Signature page follows.]

WITNESS WHEREOF, each Party has caused this Amendment to be signed on its behalf as of the Effective Date:

BORROWER:

NEXTTRIP, INC

a Nevada Corporation

By:

/s/ Frank Orzechowski

Name:

Frank Orzechowski

Title:

Chief Financial Officer

LENDER:

MONACO INVESTMENT PARTNERS II, LP

a Limited Partnership organized under the laws of the State

of Illinois

By:

/s/ Donald P. Monaco

Name:

Donald P. Monaco

Title:

Managing General Partner

[Signature

Page to Amendment of the Line of Credit Agreement]

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