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NextTrip Closes on 49% Stake in Five Star Alliance

1. NextTrip acquires 49% of Five Star Alliance, gaining potential full ownership. 2. This acquisition enhances NextTrip's position in the luxury travel market.

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FAQ

Why Bullish?

Acquisitions can signal growth and stability; however, market reactions vary. Previous acquisitions in travel tech often boosted stock prices.

How important is it?

Acquisitions are critical for growth, directly impacting market perception of NTRP. The option for full ownership further emphasizes strategic intentions.

Why Long Term?

The strategic investment may yield positive results beyond the immediate future. Historical acquisitions typically take time to manifest financial benefits.

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NTRPFSA
Secures Option to Acquire Full Ownership SANTA FE, NM / ACCESS Newswire / February 11, 2025 / NextTrip, Inc. (NASDAQ:NTRP) ("NextTrip" or the "Company"), a leading travel technology company, today announced it has closed its previously announced acquisition of a 49% stake in Five Star Alliance, a premier luxury travel agency. As part of the transaction, NextTrip has secured an option to acquire full ownership of Five Star on or before April 7, 2025, subject to certain conditions.

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