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Market for Equity / Stockholders
Item 5.07 Submission of Matters to a Vote of Security Holders On October 9, 2026, NextTrip, Inc. (the “Company”) held its 2027 annual meeting of stockholders via live webcast (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders voted on seven proposals, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on August 21, 2026 (the “Proxy Statement”). At the Annual Meeting, there were 7,018,011 shares of common stock and Series A Convertible Preferred Stock present or represented by proxy, which represented approximately 46% of the combined voting power of the 15,086,101 shares of common stock and 150,000 shares of Series A Convertible Preferred Stock outstanding as of the close of business on August 10, 2026 (the “Record Date”), and which constituted a quorum for the transaction of business. Holders of the Company’s common stock were entitled to one vote for each share held as of the Record Date. Holders of the Company’s Series A Convertible Preferred Stock were likewise entitled to one vote for each share held as of the Record Date, and voted together with the holders of common stock as a single class, solely on those proposals on which they were entitled to vote. The stockholders of the Company voted on the following proposals at the Annual Meeting: 1. To elect three Class III directors to serve until the Company’s 2030 annual meeting of stockholders, or until their successors are duly elected and qualified, subject to their earlier death, resignation or removal. 2. To ratify the appointment of Haynie & Company as the Company’s independent registered public accounting firm for the fiscal year ending February 28, 2027. 3. To approve, in accordance with Nasdaq Listing Rule 5635(d), the issuance of more than an aggregate of 19.99% of the outstanding shares to Lind Global Fund III LP upon conversion of a Senior Secured Convertible Promissory Note and exercise of warrants. 4. To approve, in accordance with Nasdaq Listing Rule 5635(d), the issuance of shares of the Company’s common stock (a) to certain non-insiders upon conversion of outstanding shares of the Company’s Series A Convertible Preferred Stock and exercise of related warrants, and (b) to an insider upon exercise of a Pre-Funded Warrant. 5. To approve, in accordance with Nasdaq Listing Rule 5635(c), t