NextTrip Secures $4.6 Million Strategic Growth Capital to Accelerate Expansion and Strengthen Capital Structure

Flexible Financing Provides Growth Capital While Allowing Company to Repay Principal and Interest Entirely in Cash Without Requiring Share Issuances

SANTA FE, NM / ACCESS Newswire / July 22, 2026 / NextTrip, Inc. (NASDAQ:NTRP) ("NextTrip," "the Company," "we," "our," or "us"), a technology-forward travel and media company defining the intersection of travel, media and the creator economy, today announced that it has entered into a definitive financing agreement with Lind Global Fund III, LP, managed by The Lind Partners (together, "Lind") providing the Company with an 18-month senior secured convertible note for up to $4.6 million. Additional information regarding the financing, including the complete terms and conditions of the transaction, is available in the Company's Current Report on Form 8-K filed concurrently with this announcement. The financing provides NextTrip with strategic growth capital at what management believes is a pivotal point in the Company's evolution, while also providing significant flexibility through a structure that allows the Company to repay both principal and interest entirely in cash, thereby avoiding conversions should management determine that to be in the best interests of shareholders. Combined with the continued financial support of the Company's Board, management team and core founding investors, management believes this financing provides the necessary capital to execute the upcoming launch of strategic initiatives including the NextTrip travel agent, groups and community platforms all key in positioning the business to scale toward cash flow break-even.