NTRP · NextTrip, Inc. · Congressional Trades

Substantial doubt about the company's ability to continue as a going concern.

“These conditions and events, considered in the aggregate, raise substantial doubt about our ability to continue as a going concern within one year after the date that these financial statements are issued. Management is in active discussions with prospective investors and lenders, but no commitments have been received as of the issuance date of these financial statements. Although management believes that its plans, if successfully executed, would provide sufficient liquidity to fund operations for the next twelve months, these plans are not entirely within the Company’s control. The ability to consummate additional financings on acceptable terms, generate sufficient revenue from acquired businesses, and otherwise execute on management’s plans cannot be considered probable as of the issuance date of these financial statements.”