Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (c) Effective July 13, 2026, NextTrip Inc., a Nevada corporation (the “Company”) appointed Casey D’Ambra as President of Media to serve in the capacity as an executive officer of the Company. Ms. D’Ambra will receive a base annual salary of $205,000.…
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 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.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
(c)
Effective July 13, 2026, NextTrip Inc., a Nevada corporation (the “Company”) appointed Casey D’Ambra as President of
Media to serve in the capacity as an executive officer of the Company. Ms. D’Ambra will receive a base annual salary of $205,000.
She is entitled to a bonus of up to $50,000, payable in restricted shares of the Company’s Common stock in connection with the
achievement of certain milestones. Ms. D’Ambra’s employment is on a month-tomonth basis. In the case of her involuntary termination,
if termination occurs within the first twelve months of employment, she will receive an amount equal to twelve months of her base salary.
If she is terminated after twelve months, she will receive four weeks of her base salary for each year of service up to a maximum of
twelve weeks. There are no arrangements or understandings between Ms. D’Ambra and any other person pursuant to which Ms. D’Ambra
was appointed as an officer of the Company. There are no family relationships between Ms. D’Ambra and any director or executive
officer of the Company.
Prior
to joining the Company in February 2026 as President of Media in a non-executive officer position, Ms. D’Ambra, age 36, was Director
of Content at Brand USA. From January 2022 to March 2023, she was Executive Producer at National Geographic, and from January 2016 to
January 2022, she was Producer at National Geographic.