SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 25th, 2024 • NextTrip, Inc. • Transportation services • Delaware
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of September 19, 2024, by and between NEXTTRIP, INC., a Nevada corporation, with headquarters located at 3900 Paseo del Sol Santa Fe, New Mexico 87507 (the “Company”), and ALUMNI CAPITAL LP, a Delaware limited partnership, with its address at 80 S.W. Eighth Street, 20th Floor, Miami, FL 33131 (the “Buyer”).
WARRANTWarrant Agreement • September 25th, 2024 • NextTrip, Inc. • Transportation services • Delaware
THIS WARRANT (the “Warrant”) certifies that, for value received, Alumni Capital LP or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the 19th of September, 2024 (the “Initial Issuance Date”) and on or prior to the close of business on the five (5) year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from NextTrip, Inc., a Nevada corporation (the “Company”), up to 96,774 shares of the Company’s Common Stock (“Warrant Shares”). The purchase price of one Warrant Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 25th, 2024 • NextTrip, Inc. • Transportation services • Delaware
This Securities Purchase Agreement (this “Agreement”), dated as of September 19, 2024, by and between NextTrip, Inc., a Nevada corporation (the “Company”), and Alumni Capital LP, a Delaware limited partnership (the “Investor”).
