NusaTrip Inc.
General Information | |
Business: | We are an online travel agency based in Jakarta, Indonesia. We specialize in Southeast Asia. We are being spun out of Society Pass. (Incorporated in Nevada)NusaTrip’s mission is to become the Premier Travel Hub in Southeast Asia.Established in 2015 and headquartered in Jakarta, Indonesia, NusaTrip is a travel ecosystem with geographical specialization in Southeast Asia (SEA) and Asia-Pacific (APAC). NusaTrip is an acquisitions-focused company. Mergers and acquisitions (M&A) of offline travel agencies play a pivotal role in our growth strategy. We have demonstrated an ability to execute accretive and synergistic acquisitions as well as integrate and fundamentally improve our acquired businesses. We have completed acquisitions of VLeisure and VIT, both travel companies in Vietnam. We will continue to focus on the acquisition of other synergistic companies, and we are currently looking to acquire travel agencies operating in PRC, Hong Kong, Philippines, Thailand, Singapore, Malaysia, India, and UAE. As of the date of this prospectus, we have no current mergers or acquisitions pending or contemplated. We aim to bring travelers from the rest of the world to SEA and APAC (inbound travel) and bring travelers from SEA and APAC to the rest world (outbound travel).In August 2022, NusaTrip officially joined the Society Pass Inc. (Nasdaq: SOPA) ecosystem when SOPA acquired 75% of the outstanding capital stock of Nusatrip International Pte Ltd. and also purchased all of the outstanding capital stock of PT Tunas Sukses Mandiri, a company existing under the law of the Republic of Indonesia. Both of the acquired companies engage in online ticketing and reservation services. In May 2023, SOPA incorporated Nusa Trip Incorporated and SOPA transferred its ownership of the acquired companies to NusaTrip Incorporated.
Note: Net loss and revenue are in U.S. dollars for the 12 months that ended March 31, 2025.(Note: NusaTrip Inc. priced its small IPO at $4.00 – the low end of its range – and sold 3.75 million shares – the number of shares in the prospectus – to raise $15 million on Thursday night, Aug. 14, 2025. Background: NusaTrip Inc. increased its IPO’s size to 3.75 million shares – up from 3.0 million shares – and kept the price range at $4.00 to $5.00 – to raise $16.88 million, it the deal is priced at $4.50, the mid-point of its range, according to an F-1/A filing in April 2025. Background: NusaTrip Inc. revived its IPO – a day after withdrawing it – with the filing of an F-1 on March 21, 2025, in which it disclosed the terms: 3.0 million shares at a price range of $4.00 to $5.00 to raise $13.5 million.)(Background – Withdrawn IPO: NusaTrip Inc. withdrew its plans for its IPO in a letter to the SEC dated March 20, 2025; the terms called for NusaTrip Inc. to offer 2.7 million shares at a price range of $4.00 to $5.00 to raise $12.15 million. Background: NusaTrip Inc. filed its F-1 to go public in November 2024.) |
Industry: | TRAVEL Agent |
Employees: | 56 |
Founded: | 2015 |
Contact Information | |
Address | 28F AIA Central, Jl. Jend. Sudirman No.Kav. 48A, RT.5/RW.4, Karet, Semanggi, Kota Jakarta Selatan, Daerah Khusus Ibukota, Jakarta 12930, Indonesia |
Phone Number | +62 21 5060 8747 |
Web Address | https://www.nusatrip.com/ |
View Prospectus: | NusaTrip Inc. |
Financial Information | |
Market Cap | $75.28mil |
Revenues | $0.92 mil (last 12 months) |
Net Income | $-1.32 mil (last 12 months) |
IPO Profile | |
Symbol | NUTR |
Exchange | NASDAQ |
Shares (millions): | 3.8 |
Price range | $4.00 - $4.00 |
Est. $ Volume | $15.0 mil |
Manager / Joint Managers | Cathay Securities |
CO-Managers | |
Expected To Trade: | 8/15/2025 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |