NextTrip Group LLC & Reinhart Interactive TV AG entered into a non-binding letter of intent to acquire TGS Esports Inc. (TSXV:TGS) in a reverse takeover transaction on February 16, 2022. NextTrip Group LLC & Reinhart Interactive TV AG entered into a Securities Exchange Agreement to acquire TGS Esports Inc. in a reverse takeover transaction on June 27, 2022. TGS has agreed to acquire a 51% interest in Reinhart and a 100% interest in NextTrip Group, payable by the issuance of an aggregate of 69,714,286 TGS Shares to Don Monaco and William Kerby at a deemed issue price of CAD 0.068 per share and the issuance of 232,380,952 non-voting convertible preferred shares of TGS having the special rights and restrictions.