NextTrip, Inc. Files S-1/A Amendment
Ticker: NTRP · Form: S-1/A · Filed: Aug 19, 2025 · CIK: 788611
Sentiment: neutral
Topics: ipo, registration, amendment
TL;DR
NextTrip (formerly Sigma Additive) filed an S-1/A, looks like they're still prepping for an IPO.
AI Summary
NextTrip, Inc. filed an S-1/A amendment on August 19, 2025, for its registration statement. The company, formerly known as SIGMA ADDITIVE SOLUTIONS, INC., is incorporated in Nevada and headquartered in Santa Fe, New Mexico. This filing relates to the registration of securities under the Securities Act of 1933.
Why It Matters
This S-1/A filing indicates NextTrip, Inc. is moving forward with its public offering plans, which could lead to increased liquidity and capital for the company.
Risk Assessment
Risk Level: medium — S-1/A filings are part of the IPO process, which inherently carries risks related to market reception and company execution.
Key Numbers
- 333-288212 — Registration Number (Identifies the specific registration statement filed with the SEC.)
- 0228 — Fiscal Year End (Indicates the company's annual financial reporting period.)
Key Players & Entities
- NextTrip, Inc. (company) — Registrant
- SIGMA ADDITIVE SOLUTIONS, INC. (company) — Former company name
- William Kerby (person) — Chief Executive Officer
- 333-288212 (dollar_amount) — SEC Registration Number
- August 19, 2025 (date) — Filing Date
FAQ
What is the purpose of this S-1/A filing?
This S-1/A filing is an amendment to NextTrip, Inc.'s Form S-1 Registration Statement, indicating updates or changes to their initial public offering plans.
When was this amendment filed?
This amendment was filed with the SEC on August 19, 2025.
What were NextTrip, Inc.'s former names?
NextTrip, Inc. was formerly known as SIGMA ADDITIVE SOLUTIONS, INC., SIGMA LABS, INC., and FRAMEWAVES INC.
Where is NextTrip, Inc. headquartered?
NextTrip, Inc.'s principal executive offices are located at 3900 Paseo del Sol, Santa Fe, New Mexico 87507.
Who is the Chief Executive Officer of NextTrip, Inc.?
William Kerby is the Chief Executive Officer of NextTrip, Inc.
Filing Stats: 4,287 words · 17 min read · ~14 pages · Grade level 15.1 · Accepted 2025-08-19 17:00:56
Key Financial Figures
- $3.89 — q Capital Market on August 13, 2025 was $3.89 per share. You should read this prosp
- $0.5 million — ted aggregate revenues of approximately $0.5 million and $0.46 million, respectively, derive
- $0.46 m — enues of approximately $0.5 million and $0.46 million, respectively, derived from trave
- $0.14 million — ted aggregate revenues of approximately $0.14 million and $0.19 million, respectively, derive
- $0.19 m — nues of approximately $0.14 million and $0.19 million, respectively, derived from trave
- $400 million — ne leisure travel agent generating over $400 million in annual sales as recently as 2019 (pr
Filing Documents
- forms-1a.htm (S-1/A) — 756KB
- ex23-1.htm (EX-23.1) — 4KB
- ex23-2.htm (EX-23.2) — 6KB
- ex107.htm (EX-FILING FEES) — 27KB
- forms-1_001.jpg (GRAPHIC) — 6KB
- forms-1_002.jpg (GRAPHIC) — 20KB
- forms-1_003.jpg (GRAPHIC) — 97KB
- forms-1_004.jpg (GRAPHIC) — 106KB
- forms-1_005.jpg (GRAPHIC) — 115KB
- ex23-1_001.jpg (GRAPHIC) — 48KB
- ex23-2_001.jpg (GRAPHIC) — 11KB
- 0001493152-25-012169.txt ( ) — 1479KB
- ex107_htm.xml (XML) — 8KB
RISK FACTORS
RISK FACTORS 14 THE SELLING STOCKHOLDER TRANSACTIONS 17
USE OF PROCEEDS
USE OF PROCEEDS 20 MANAGEMENT 21 EXECUTIVE AND DIRECTOR COMPENSATION 23 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 26 PRINCIPAL STOCKHOLDERS 28 SELLING STOCKHOLDERS 31 PLAN OF DISTRIBUTION 33 LEGAL MATTERS 35 EXPERTS 35 INCORPORATION BY REFERENCE 35 WHERE YOU CAN FIND ADDITIONAL INFORMATION 36 i ABOUT THIS PROSPECTUS This prospectus is part of a registration statement on Form S-1 that we filed with the Securities and Exchange Commission (the “SEC”) using a continuous offering process. By using this registration process, the selling stockholders named in this prospectus may offer and sell shares of our common stock from time to time in one or more transactions, as described under “Plan of Distribution.” This prospectus provides you with a general description of the securities that the selling stockholders named herein may offer. We may add, update or change in a prospectus supplement any of the information contained in this prospectus or the documents incorporated by reference. For further information about our business and our securities, you should refer to the registration statement and the reports incorporated by reference in this prospectus, as described in “Where you can Find Additional Information” and “Incorporation of Certain Information by Reference.” This prospectus contains summaries of certain provisions contained in some of the documents described herein, but reference is made to the actual documents for complete information. All of the summaries are qualified in their entirety by the actual documents. Copies of some of the documents referred to herein have been filed, will be filed or will be incorporated by reference as exhibits to the registration statement of which this prospectus is a part, and you may obtain copies of those documents as described below under the heading “Where you can Find Additional Information.” You must not rely upon a
Business
Business Overview NextTrip is an early-stage, technology-driven travel company developing an integrated travel booking and media platform designed to connect leisure, group and business travelers to the world. Our travel booking platform is powered by our proprietary NXT2.0 booking engine, which offers extensive inventory, supporting both travelers and distributors with a platform for curating personalized experiences and efficient trip planning and booking. We market our travel services through several core brands including NextTrip Vacations (direct-to-consumer leisure travel), Five Star Alliance (luxury and cruise bookings) and NextTrip Business (small-to-mid-sized corporate travel) and differentiate our platform through specialty features, including specialized widgets for groups (the “Groups Platform”) and travel agents (the “Travel Agent Platform”) and PayDlay, a delayed payment booking option. Complementing our booking engine are our media properties, including Journy.tv, Compass.tv and Travel Magazine, which provide destination content that we believe will drive high-intention traffic into our booking funnel and, over time, constitute a separate high-margin advertising revenue stream. By integrating our media properties with our travel booking platform, our ambition is to build a next-generation travel solution for consumers, allowing them to better research and explore desired travel destinations. To accomplish this, we will be using content from ours and others’ media platforms featuring travel videos, blogs and articles along with access to curated travel products from our strategic partnerships, all supported by our technology and call center agents. Upon full integration of our travel and media platforms, we believe our offers will both inspire and empower consumers to make informed choices when booking. This contrasts with the existing online travel agency (“OTA”) model that focuses on volume bookings with