Filing Analysis
NextBoat Inc. issued a press release on June 16, 2026, announcing strong second quarter growth for its Autograph Yachts Division, attributed to market share gains and an expanding brokerage platform.
📋 Key Facts
- The filing reports on the performance of the Autograph Yachts Division.
- Growth is attributed to the expansion of the company's brokerage platform.
- The company is classified as an Emerging Growth Company.
- The report was signed by CEO Brian John on June 16, 2026.
Off The Hook YS Inc. announced on May 19, 2026, that it is rebranding as NextBoat and changing its ticker symbol from OTH to NXB on the NYSE American.
📋 Key Facts
- The company announced a corporate rebranding to 'NextBoat' on May 19, 2026.
- The company's ticker symbol will change from 'OTH' to 'NXB' on the NYSE American LLC.
- The announcement was disclosed under Item 7.01 Regulation FD Disclosure with an accompanying press release as Exhibit 99.1.
Off the Hook YS Inc. (OTH) issued a press release on May 14, 2026, announcing its financial results for the first fiscal quarter ended March 31, 2026. The filing also includes operational highlights as part of a Regulation FD disclosure.
📋 Key Facts
- The filing reports financial results for the fiscal quarter ended March 31, 2026.
- The company is listed on the NYSE American under the ticker OTH.
- The report was signed by CEO Brian John on May 14, 2026.
- Information was furnished under Items 2.02 and 7.01, meaning it is not deemed 'filed' for Section 18 liability purposes.
Off The Hook YS Inc. completed the acquisition of Apex Marine, LLC and its affiliates for a total consideration of approximately $5.97 million. The transaction was funded through a mix of cash, equity issuance, and two promissory notes.
🚩 Red Flags
- Significant new debt obligation of nearly $3 million in promissory notes.
- Shareholder dilution resulting from the issuance of 679,012 new shares.
- Financial statements for the acquired business were not included and are deferred for up to 60 days.
📋 Key Facts
- Acquisition of Apex Marine, LLC, Apex Marine Sales, LLC, and Apex Marine Stuart, LLC closed on May 13, 2026.
- Total purchase price was $5,966,667.
- Payment included $1.2 million in cash and 679,012 shares of common stock valued at $1.8 million ($2.70 per share).
- Issued a $2,466,667 promissory note bearing 6% interest, payable over 24 months and secured by the acquired interests.
- Issued a $500,000 non-interest bearing promissory note due in 365 days.
- The seller, Ismael Pereira, had no prior relationship with the company.
Off The Hook YS Inc. issued a press release announcing that it will report its first quarter 2026 financial and operating results on Thursday, May 14, 2026.
📋 Key Facts
- The Company will announce Q1 2026 results on May 14, 2026.
- The filing was made under Item 7.01 (Regulation FD Disclosure).
- Off The Hook YS Inc. is listed on the NYSE American under the symbol OTH.
Off The Hook YS Inc. announced the launch of a new 'Global Broker Expansion Initiative' featuring a scalable five-tier growth model for its yacht brokerage operations.
📋 Key Facts
- The announcement was made via a press release on April 9, 2026.
- The initiative is titled 'Global Broker Expansion Initiative, Introducing Scalable Five-Tier Growth Model'.
- The company is listed on the NYSE American under the ticker OTH.
- The filing was made under Item 7.01 (Regulation FD Disclosure).
Off The Hook YS Inc. filed a Regulation FD disclosure on April 6, 2026, to furnish a press release. The filing does not disclose the specific subject matter of the press release within the body of the 8-K.
📋 Key Facts
- The filing was triggered by a press release issued on April 6, 2026.
- The report was filed under Item 7.01 (Regulation FD Disclosure).
- The company is listed on the NYSE American LLC under the ticker 'OTH'.
- The registrant is classified as an emerging growth company.
- The document was signed by CEO Brian John.
Off The Hook YS Inc. announced on April 2, 2026, that it has signed a definitive agreement to acquire Bellhart Marine. The acquisition is designed to create a leading mega service and refit platform in the Carolinas region.
📋 Key Facts
- Definitive agreement signed on April 2, 2026, to acquire Bellhart Marine.
- The acquisition aims to establish the 'Carolinas’ Premier Mega Service & Refit Platform'.
- The announcement was disclosed via a press release under Item 7.01 (Regulation FD).
- The company is an emerging growth company listed on the NYSE American (Ticker: OTH).
Off The Hook YS Inc. issued a press release on April 1, 2026, to correct and replace its previously reported fourth quarter and full-year 2025 financial and operating results.
🚩 Red Flags
- Correcting and replacing financial results suggests potential weaknesses in internal controls over financial reporting.
- The need for a correction immediately following a results announcement can indicate a lack of rigorous pre-release audit or review processes.
📋 Key Facts
- The filing was made under Item 7.01 (Regulation FD Disclosure).
- The correction involves financial results for both the fourth quarter and the full fiscal year of 2025.
- The company is listed on the NYSE American under the ticker 'OTH'.
- The press release is attached as Exhibit 99.1.
Off The Hook YS Inc. (OTH) issued a press release on March 30, 2026, announcing its financial and operating results for the fourth quarter and the full fiscal year of 2025. This filing serves as a standard Regulation FD disclosure to disseminate the earnings information to the public.
📋 Key Facts
- The company reported Q4 and full-year 2025 financial and operating results.
- The press release was issued on March 30, 2026, and filed via 8-K on March 31, 2026.
- The company is an emerging growth company listed on the NYSE American LLC.
- The filing includes Exhibit 99.1, which contains the detailed press release text.
Off The Hook YS Inc. announced the launch of NextBoat AI, a proprietary AI-driven matching platform for the boating industry, at the Palm Beach International Boat Show.
📋 Key Facts
- The Company is launching 'NextBoat AI', described as an industry-first AI matching platform.
- The launch is scheduled to coincide with the Palm Beach International Boat Show on March 23, 2026.
- The filing was made under Item 7.01 (Regulation FD Disclosure) and includes the press release as Exhibit 99.1.
Off The Hook YS Inc. announced the expansion of its Mid-Atlantic presence through a new strategic waterfront hub. The initiative aims to enhance inventory velocity and improve margin capture for the company's yacht sales operations.
📋 Key Facts
- Announced expansion of Mid-Atlantic presence on March 18, 2026.
- The expansion involves a new 'Strategic Waterfront Hub'.
- Management expects the hub to increase inventory velocity and margin capture.
- The filing was made under Item 7.01 (Regulation FD Disclosure).
Off The Hook YS Inc. announced its participation in the 38th Annual ROTH Conference via a press release on March 16, 2026. This filing serves as a standard Regulation FD disclosure to inform the public of management's engagement with the investment community.
📋 Key Facts
- The company will participate in the 38th Annual ROTH Conference.
- The announcement was made via a press release dated March 16, 2026.
- The filing was made under Item 7.01 (Regulation FD Disclosure).
- The company's common stock is listed on the NYSE American under the symbol OTH.
Off The Hook YS Inc. filed a Regulation FD disclosure to announce an upcoming live investor webinar and Q&A session scheduled for March 11, 2026. The filing includes the press release as an exhibit to facilitate investor engagement.
📋 Key Facts
- The Company is hosting a live investor webinar on March 11, 2026.
- The announcement was made via a press release titled 'Join Off The Hook’s Exclusive Live Investor Webinar and Q&A Session on March 11'.
- The filing was made under Item 7.01 (Regulation FD Disclosure).
- The Company's common stock is listed on the NYSE American under the symbol OTH.
Off The Hook YS Inc. announced an investor webinar to discuss the acquisition of APEX, which is projected to add $30 million in revenue. The company also expects the transaction to generate approximately $3 million in annual cost savings through synergies.
📋 Key Facts
- The filing was made on February 23, 2026, under Item 7.01 (Regulation FD).
- The acquisition target is identified as 'APEX'.
- Management projects the acquisition will add $30 million in revenue to the company's top line.
- Expected annual cost savings from the acquisition are estimated at $3 million.
- The company is hosting an investor webinar to provide further details on the transaction.
Off The Hook YS Inc. (OTH) entered into a definitive agreement on February 13, 2026 to acquire the Apex Marine group of companies (APEX), comprising four South Florida marine dealership, service, storage, and brokerage businesses, for an aggregate purchase price of $5,500,000. The consideration is split equally into three tranches: cash, stock at $2.70/share (~670,000 shares), and a 3-year seller note at 6% interest.
🚩 Red Flags
- Stock issuance of ~670,000 shares at $2.70 will dilute existing shareholders — magnitude of dilution depends on current share count which is not disclosed in filing
- Seller financing via promissory note ($1.83M at 6%) suggests potential cash constraints for a micro-cap company taking on a $5.5M acquisition
- Due diligence is not yet complete at time of filing — closing is conditional on satisfaction of unspecified customary conditions and third-party consents
- Integration risk: acquiring four separate LLCs simultaneously increases operational complexity
- No financial details provided for APEX (revenue, profitability, assets) making it impossible to assess valuation reasonableness from this filing alone
📋 Key Facts
- Aggregate purchase price: $5,500,000 for all equity interests in four Apex Marine entities (Apex Marine Sales LLC, Apex Marine Stuart LLC, Apex Marine LLC, Apex Marine Sales Brokerage LLC)
- Payment structure: $1,833,333.33 cash, $1,833,333.33 in common stock at $2.70/share (~670,000 shares), $1,833,333.34 secured seller promissory note at 6% per annum maturing 3 years post-closing
- APEX operates four facilities in South Florida providing marine service, storage, sales, and brokerage
- Closing expected within approximately 60 days of February 13, 2026, subject to due diligence and customary conditions
- Company is a Nevada corporation listed on NYSE American, classified as an emerging growth company
- Filed by CEO Brian John on February 20, 2026