NextTrip strengthens board with four new directors

SANTA FE - NextTrip, Inc. (NASDAQ:NTRP) announced Tuesday the appointment of four new directors to its board as part of the final step in its reverse acquisition process. The travel technology company, currently valued at $31.4 million, has seen its stock rise 20% over the past year despite recent volatility.

Carmen Diges, David Jiang, Steve Kircher, and Jimmy Byrd will join the company’s board effective July 28, 2025, bringing experience in global capital markets, corporate development, technology, and media. At that time, four continuing directors from Sigma Additive Solutions will step down.

The appointments complete the transition following NextTrip’s reverse acquisition that was initiated through a share exchange agreement in December 2023.

"This is a pivotal moment for NextTrip as we accelerate the growth of our travel and content platforms," said Bill Kerby, CEO of NextTrip, in a press release statement.

Carmen Diges brings experience as a senior capital markets and M&A attorney, while David Jiang previously served as CEO of PineBridge Investments where he managed over $75 billion in assets across more than 20 countries. Jiang is also noted as a founding investor in NextTrip.

Steve Kircher currently serves as Chairman and CEO of Kircher Holdings LLC, a family office with investments including boutique hotels in Anguilla and Italy. Jimmy Byrd is Executive Vice President of Corporate Development at Ledcor Group, overseeing strategic growth initiatives.

The board transition aligns with NextTrip’s recent strategic developments, including new partnerships and targeted travel agency acquisitions. The company, which describes itself as a technology-forward travel business, combines booking tools with media content across various travel segments including cruises, group travel, and vacation rentals.

Additional information regarding the appointments will be reported in a forthcoming Schedule 14f-1 to be filed with the SEC.

In other recent news, NextTrip, Inc. has announced a strategic partnership with Nuitée, a global hotel API provider. This collaboration is set to expand NextTrip’s lodging offerings significantly by incorporating Nuitée’s portfolio, which includes up to 1.5 million properties, into its booking platform. The integration aims to bolster NextTrip’s presence in the vacation home and short-term rental markets while enhancing its hotel and resort inventory. This move complements NextTrip’s PayDlay product, allowing travelers to book vacations with flexible installment payments. The integration has been completed, enabling a seamless booking experience without credit checks or hidden fees. Bill Kerby, CEO of NextTrip, emphasized that the partnership removes financial barriers and enhances the product experience for travelers. Leyla Allahverdiyeva, SVP Sales of Nuitée, highlighted the efficiency and rewards their integrated API will bring to the travel booking process. The collaboration underscores NextTrip’s commitment to innovation and user-centric travel solutions, leveraging Nuitée’s global lodging network for greater personalization and financial empowerment.

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