Form 8-K
8-K — NextBoat Inc.
Accession: 0001493152-26-028817
Filed: 2026-06-16
Period: 2026-06-16
CIK: 0002067767
SIC: 3730 (SHIP & BOAT BUILDING & REPAIRING)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-99.1 (ex99-1.htm)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): June 16, 2026
NextBoat
Inc.
(Exact
name of registrant as specified in its charter)
Nevada
001-42930
33-2636992
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(I.R.S.
Employer
Identification
No.)
1701
Jel Wade Dr
Wilmington,
NC 28401
(Address
of principal executive offices)
Registrant’s
telephone number, including area code: (910) 772-9277
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Stock, $0.001 par value
OTH
NYSE
American LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01. Regulation FD Disclosure.
On
June 16, 2026, Off The Hook YS Inc. (the “Company”) issued a press release: “NextBoat Inc.’s Autograph Yachts
Division Delivers Strong Second Quarter Growth, Driven by Expanding Brokerage Platform and Market Share Gains”. A copy of the press
release is attached hereto as Exhibit 99.1.
The
information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section,
or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in any such filing.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
Number
Exhibits
99.1
Press Release of NextBoat Inc. entitled “NextBoat Inc.’s Autograph Yachts Division Delivers Strong Second Quarter Growth, Driven by Expanding Brokerage Platform and Market Share Gains” dated June 16, 2026.
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
June 16, 2026
NextBoat
Inc.
By:
/s/
Brian John
Name:
Brian
John
Title:
Chief
Executive Officer
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit 99.1
NextBoat
Inc.’s Autograph Yachts Division Delivers Strong Second Quarter Growth, Driven by Expanding Brokerage Platform and Market Share
Gains
Division
surpasses $132 million in total transaction volume since launch, exceeding first-year target by more than 30%
Wilmington,
NC – June 16, 2026 – NextBoat Inc. (NYSE American: NXB) (“NextBoat” or the “Company”),
formerly Off The Hook YS Inc. (NYSE American: OTH), today announced strong growth from its Autograph yacht brokerage division reflecting
continued growth in transaction volume, gross sales, new listings, and team expansion.
During
the second quarter, Autograph facilitated 31 yacht transactions, up from 22 in the first quarter, representing a 41% increase in deal
activity. Gross sales volume increased by approximately $43 million during the quarter, while Autograph trade activity reached $23.3
million, contributing to total transaction volume that nearly doubled the approximately $35 million achieved during the first quarter.
Since
launching operations in September 2025, Autograph has facilitated approximately $132 million in brokerage and NextBoat trade transactions.
Autograph’s original first-year objective was to achieve $100 million in transaction volume, a goal that was surpassed by more
than 30% within its first ten months of operation.
“Our
second quarter results demonstrate the strength of our platform, our brokers, and our commitment to innovation within the yacht brokerage
industry,” said Mike Burke, President of Autograph Yacht Group. “What makes these results particularly meaningful is that
we achieved them while building the business from the ground up. We began with no offices, a small team of seven brokers, and limited
infrastructure. Today, we have established a scalable platform with multiple offices, experienced support staff, advanced marketing capabilities,
and growing market presence.”
The
Company’s brokerage listing inventory has expanded significantly, growing from approximately $100 million in listings to approximately
$190 million, with additional inventory being added regularly. Management believes this growth reflects the effectiveness of its marketing
platform, broker recruitment initiatives, and increasing brand recognition throughout the market.
The
Company has also continued to invest in geographic expansion and talent acquisition. Autograph is currently establishing an additional
office in Coconut Grove, Miami, strengthening its coverage across Southeast Florida. During the quarter, the Company added five new brokers
and is actively engaged in discussions with an additional five to six top-producing brokers expected to join the platform over the coming
months.
About
NextBoat Inc.
Founded
in 2012, NextBoat Inc., previously known as Off The Hook YS Inc., is a vertically integrated, AI-powered marine marketplace transforming
how boats are bought, sold, financed, and serviced across the United States. Through proprietary technology, transaction data, financing
capabilities, and a growing national acquisition network, the Company operates across boat brokerage, wholesale inventory acquisition,
auctions, financing, and marine services. NextBoat’s ecosystem includes Off The Hook Yachts, Autograph Yacht Group,
Azure Funding, and proprietary lead-generation platforms. Headquartered in Wilmington, North Carolina, NextBoat is rapidly expanding
its national footprint and market share within the $57 billion U.S. marine industry.
Contact
Investor
Relations
ir@nextboat.com
Forward-Looking
Statements
This
press release contains forward-looking statements within the meaning of the federal securities laws regarding NextBoat Inc. (“Company”),
including, without limitation, statements regarding the Company’s business strategy, technology platform, market opportunity, planned
operations, and expected results and benefits. You can generally identify forward-looking statements by the use of forward-looking terminology
such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,”
“predict,” “project,” “seek,” “should,” or “will,” or the negative of such
terms thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these identifying
words.
These
forward-looking statements are based on the Company’s current plans, objectives, estimates, expectations, and intentions and inherently
involve significant risks and uncertainties, many of which are beyond our control. Actual results, performance or achievements, including
the timing of events, may differ materially from those expressed or implied by the forward-looking statements as a result of various
risks and uncertainties, including those described under the heading “Risk Factors” in the Company’s filings with the
Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other subsequent
filings with the SEC. Copies of these filings are available on the SEC’s website at www.sec.gov. Investors are cautioned that forward-looking
statements are not guarantees of future performance, and are cautioned not to place undue reliance on any such forward-looking statements.
The forward-looking statements made in this press release are made only as of the date hereof or as of the dates indicated in the forward-looking
statements and reflect the views stated therein with respect to future events at such dates, even if they are subsequently made available
by the Company on its website or otherwise. The Company undertakes no obligation to update, revise or supplement any forward-looking
statements to reflect actual results, new information, future events, changes in its expectations or other circumstances occurring after
the date such statements were made, except as required by applicable law.
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