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BCS

Current Report · Items 1.01, 8.01, 9.01 · 8-K

Nusatrip Incorporated

Entry into a Material Definitive Agreement · Other Events

Item 1.01 Entry into a Material Definitive Agreement. Underwriting Agreement On August 14, 2025, NusaTrip Incorporated, a Nevada corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Cathay Securities, Inc., as the representative of the underwriters named on Schedule A thereto (the “Representative”), relating to the Company’s initial public offering…

Filed Aug 18, 2025Accepted Aug 18, 2025, 9:08 AM EDTCIK 2006468Accession 0001641172-25-024547
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Company context

We are the first Indonesian-based online travel agent (OTA) in Indonesia to receive International Air Transport Association (IATA) accreditation. IATA gives OTA’s access to all airline fares and inventories. For being the first IATA-accredited OTA in Indonesia, we have first-hand fares from both full-service and low-cost carriers. This also gives us access to global distribution channels from the Meta Searches (Kayak and SkyScanner) where newly established OTA will have only regional access for distribution. In addition, as a member of ASITA — Association of the Indonesia Tours and Travel Agencies, our mission is to become the Premier Travel Hub in SEA. We believe travel brings different and disparate cultures and people together. In short, travel brings humanity closer together. NusaTrip contributes to the revitalization of the regional and global travel and tourism industry by enabling and promoting social network-based entrepreneurship and cross collaboration. And we promote SEA and APAC to travelers both regionally and globally through our NusaTrip and VLeisure websites, NusaTrip mobile application and NusaTrip social media channels, including Instagram, Facebook, TikTok, LinkedIn, Twitter and YouTube. As of December 31, 2024, we employ more than 65 staff members, all of which are based in our offices in Jakarta, Vietnam and Singapore. Previously, we employed more than 100 staff members, however, we decreased our staff members due to the successful completion of the suppl

Historical securities (2)

Recent company filings

  1. 25-NSE - filed by Nasdaq Stock Market LLC regarding NUSATRIP IncOct 7, 2026
  2. DEF 14C filingOct 1, 2026
  3. PRE 14C filingAug 17, 2026
  4. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Other EventsAug 7, 2026
  5. Changes in Registrant's Certifying AccountantJun 15, 2026

Disclosure sections

Items 1.01, 8.01, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement. Underwriting Agreement On August 14, 2025, NusaTrip Incorporated, a Nevada corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Cathay Securities, Inc., as the representative of the underwriters named on Schedule A thereto (the “Representative”), relating to the Company’s initial public offering (the “Offering”) of 3,750,000 shares (the “Firm Shares”) of the Company’s common stock, $0.0001 par value per share (“Common Stock”). Pursuant to the Underwriting Agreement, in exchange for the underwriters’ firm commitment to purchase the Firm Shares, the Company agreed to sell the Firm Shares to the underwriters at a purchase price (the “Offering Price”) of $3.72 (93% of the public offering price per share of $4.00, after deducting underwriting discounts and before deducting a 1% non-accountable expense allowance). The Company also granted the underwriters a 45-day over-allotment option to purchase up to an additional 562,500 shares of Common Stock (the “Over-Allotment Shares,” and collectively with the Firm Shares, the “Shares”) at the Offering Price, less the non-accountable expense allowance, from the Company, representing 15% of the Firm Shares. The Company also agreed to issue the Representative warrants to purchase a number of shares of Common Stock which is equal to 7.0% of the aggregate number of shares of Common Stock sold in the Offering, including the Over-Allotment Shares (the “Representative’s Warrants”). The Representative’s Warrants will have an exercise price of $5.00 per share, which is equal to 125% of the Offering Price, subject to adjustment, a cashless exercise provision, and may be exercised for a period of five (5) years following the date of commencement of sales of the Offering, in whole or in part. The closing of the Offering took place on August 18, 2025. At the closing, the Company sold the Firm Shares for total gross proceeds of $15 million. After deducting underwriting discounts and commissions, the non-accountable expense allowance, and other expenses from the Offering, the Company received net proceeds of approximately $13.5 million. The Company also issued the Representative’s Warrants to the Representative for the purchase of up to 301,875 shares of Common Stock. The offer and sale of the Shares, and the issuance of the Representative’s Warrants, were registered pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-285997), as amended (the “Registration Statement”), initially filed with the Securities and Exchange Commission (the “SEC”) on March 21, 2025, and declared effective by the SEC on August 8, 2025, and by means of the final prospectus, dated August 14, 2025, filed with the SEC on August 14, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933, as amended (the “Securities Act”). The Company intends to use the net proceeds from the Offering for mergers and acquisitions, expansion of market, and general working capital and other corporate purposes. The Underwriting Agreement contains customary representations, warranties and covenants by the Company, customary conditions to closing, indemnification obligations of the Company and the underwriters, including for liabilities under the Securities Act, other obligations of the parties, and termination provisions. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to such agreement, and may be subject to limitations agreed upon by the contracting parties. The Underwriting Agreement and the Representative’s Warrants are filed as Exhibit 1.1 and Exhibit 4.1, respectively, to this Current Report on Form 8-K (this “Current Report”), and the description of the material terms of the Underwriting Agreement and the Representative’s Warrants are qualified in their entirety by reference to such exhibits.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events. On August 14, 2025, the Company issued a press release announcing the pricing of the Offering. On August 18, 2025, the Company issued a press release announcing the closing of the Offering. Copies of the press releases are attached as Exhibit 99.1 and Exhibit 99.2 to this Current Report, respectively.
Filed exhibits (3)
EX-4.1 (by filename) ex4-1.htm

EX-4.1 3 ex4-1.htm EX-4.1 Exhibit 4.1 Representative’s Warrants THE REGISTERED HOLDER OF THIS PURCHASE WARRANT AGREES BY HIS, HER OR ITS ACCEPTANCE HEREOF, THAT SUCH HOLDER WILL NOT FOR A PERIOD OF ONE HUNDRED EIGHTY (180) DAYS BEGINNING ON THE DATE OF COMMENCEMENT OF SALES OF THE OFFERING: (A) SELL, TRANSFER, ASSIGN, PLEDGE OR HYPOTHECATE THIS PURCHASE WARRANT OR THE SECURITIES ISSUABLE HEREUNDER TO ANYONE OTHER THAN any member participating in the Offering and its OFFICERS OR PARTNERS, EACH OF WHOM SHALL HAVE AGREED TO THE RESTRICTIONS CONTAINED HEREIN, IN ACCORDANCE WITH FINRA CONDUCT RULE 5110(E), OR (B) CAUSE THIS PURCHASE WARRANT OR THE SECURITIES ISSUABLE HEREUNDER TO BE THE SUBJECT OF ANY HEDGING, SHORT SALE, DERIVATIVE, PUT OR CALL TRANSACTION THAT WOULD RESULT IN THE EFFECTIVE ECONOMIC DISPOSITION OF THIS PURCHASE WARRANT OR THE SECURITIES HEREUNDER, EXCEPT AS PROVIDED FOR IN FINRA RULE 5110(E)(2). THIS PURCHASE WARRANT IS EXERCISABLE AFTER THE CLOSING DATE, VOID AFTER 5:00 P.M., EASTERN TIME, AUGUST 14, 2030. COMMON STOCK PURCHASE WARRANT For the Purchase of 262,500 Shares of Common Stock of NUSATRIP INCORPORATED 1. Purchase Warrant. THIS COMMON STOCK PURCHAS…

Open exhibit ↗
EX-99.1 (by filename) ex99-1.htm

EX-99.1 4 ex99-1.htm EX-99.1 Exhibit 99.1 NusaTrip Incorporated Announces Pricing of $15 Million Initial Public Offering Jakarta, August 15, 2025 (GLOBE NEWSWIRE) -- NusaTrip Incorporated (Nasdaq: NUTR) (“NusaTrip” or the “Company”), a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, announced the pricing of its initial public offering of an aggregate 3,750,000 shares of Common Stock (“the Offering”) at a price of $4.00 per share (“the Offering Price”) to the public, for a total of $15.0 million of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. The Company has granted the underwriter a 45-day option to purchase up to an additional 562,500 shares of Common Stock to cover over-allotments, equal to 15% of the number of the Common Stock sold in the Offering, at the Offering Price less underwriting discounts. The shares of Common Stock are expected to begin trading on the Nasdaq Capital Market on August 15, 2025, under the ticker symbol “NUTR.” The Offering is expected to close on or about August 18, 2025, subject to customary closing conditions. Cathay Securities, Inc. is acting as the sole und…

Open exhibit ↗
EX-99.2 (by filename) ex99-2.htm

EX-99.2 5 ex99-2.htm EX-99.2 Exhibit 99.2 NusaTrip Incorporated Announces Closing of Initial Public Offering Jakarta, August 18, 2025 (GLOBE NEWSWIRE) - NusaTrip Incorporated (“NusaTrip,” “NUTR” or the “Company”), a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, today announced the closing of its previously announced initial public offering of an aggregate 3,750,000 shares of Common Stock (“the Offering”) at a price of $4.00 per share (“the Offering Price”) to the public, for a total of $15.0 million of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. NusaTrip intends to use net proceeds from the Offering for expansion into new markets, merger and acquisition initiatives, and working capital and other general corporate purposes. The shares began trading on the Nasdaq Capital Market on August 15, 2025, under the symbol “NUTR.” Cathay Securities, Inc. acted as the sole underwriter for the Offering. Loeb & Loeb LLP acted as U.S. legal counsel to the Company, and VCL Law LLP acted as U.S. legal counsel to Cathay Securities, Inc. “We are gratified to close this Offering,” said NusaTrip CEO Tjin…

Open exhibit ↗

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