Form 8-K
8-K — OFF THE HOOK YS INC.
Accession: 0001493152-26-015818
Filed: 2026-04-09
Period: 2026-04-09
CIK: 0002067767
SIC: 3730 (SHIP & BOAT BUILDING & REPAIRING)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
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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): April 9, 2026
Off
The Hook YS 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
April 9, 2026, Off The Hook YS Inc. (the “Company”) issued a press release: “Off The Hook Yachts Launches Global Broker
Expansion Initiative, Introducing Scalable Five-Tier Growth Model”. 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 Off the Hook YS Inc. entitled “Off The Hook Yachts Launches Global Broker Expansion Initiative, Introducing Scalable Five-Tier Growth Model” dated April 9, 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:
April 9, 2026
Off
The Hook YS 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
Off
The Hook Yachts Launches Global Broker Expansion Initiative, Introducing Scalable Five-Tier Growth Model
Wilmington,
NC – April 9, 2026 – Off The Hook YS Inc. (NYSE American: OTH) (“Off the Hook Yachts” or “Off
the Hook” or “the Company”), a vertically integrated, AI-powered marine marketplace and one of the largest buyers and
sellers of used boats in the United States, today announced the launch of its global broker expansion initiative, with a newly introduced
five-tier recruitment and performance structure.
At
the center of this expansion is a bold vision: to make boat and yacht sales one of the most rewarding, opportunity-rich careers on earth
- where professionals can build meaningful income while helping people experience the freedom, joy, and lifestyle that only life on the
water can deliver.
Since
going public in November, Off The Hook Yachts has nearly tripled its sales organization and its available capital resources, positioning
the Company for its next phase of growth.
With
these initiatives, Off The Hook is building what it believes to be a fundamentally new model for buying and selling boats—designed
to operate at global scale.
A
Network Built to Scale
Off
The Hook’s five-tier structure is designed to enable brokers to recruit, train, and grow teams within the platform, creating a
system where expansion is not limited to centralized hiring.
As
the network grows, each broker has the ability to introduce additional team members, creating what the Company believes to be a compounding
growth dynamic, where the pace of expansion can increase as the platform scales.
“This
structure is designed to empower individuals – not just to sell boats – but to build businesses, create teams, and generate
long-term income in one of the most exciting industries in the world”, said Brian John, Chief Executive Officer of Off The Hook
Yachts.
Unlike
traditional brokerage models—where individual brokers operate independently with limited inventory and buyer visibility—
Off The Hook’s platform is designed as a connected global marketplace, where brokers collaborate, share opportunities, and transact
across a unified system.
A
Platform Model Distinct from Traditional Dealerships
Unlike
traditional marine dealerships, which are typically limited by physical locations, local inventory, and centralized sales teams, Off
The Hook’s platform is designed to enable brokers to operate remotely from anywhere in the world.
Through
the Company’s infrastructure, brokers can:
● Source
and transact on boats across multiple markets
● Work
from home or satellite locations
● Collaborate
with other brokers across the network
● Participate
in transactions beyond their immediate geographic region
This
flexibility allows individuals to build careers around their lives – not the other way around – while participating in high-value
transactions that can meaningfully impact their financial future. For many, this represents a rare combination: lifestyle freedom, strong
earning potential, and the opportunity to help customers create lifelong memories on the water.
This
distributed model allows the platform to operate continuously across time zones, increasing potential transaction activity and market
reach.
Off
The Hook believes this approach represents a shift from a location-based dealership model to a technology-enabled, globally connected
marketplace, designed to support scalable growth as participation increases.
The
Operating System Behind the Platform
Off
The Hook’s proprietary operating system, powered by NextBoat AI, has already been deployed across the Company’s platform
and serves as the foundation for its broker network.
The
Company is now launching the next phase of the system, which includes enhanced tracking of broker performance, multi-tier compensation
structures, and network-wide visibility through individual broker portals, expected to go live in the coming week.
Off
The Hook’s New Operating System is designed to:
● Track
broker performance and multi-tier compensation structures
● Provide
data-driven pricing and acquisition insights
● Match
buyers and sellers across the platform in real time via NextBoat AI
● Surface
inventory opportunities across the entire network
● Streamline
transaction workflows and execution
By
combining advanced AI with human relationships, Off The Hook is equipping brokers with the tools to succeed at a higher level –
helping them close more deals, serve clients more effectively, and grow their income.
A
Capital + Broker Flywheel
Off
The Hook believes its growth is driven by the alignment of two core factors:
1.
Access to Capital
The
ability to deploy capital to acquire and transact on inventory across the platform
2.
Active Brokers and Traders
A
growing network of participants sourcing, buying, and selling boats using Off The Hook’s infrastructure
Since
becoming a public company, Off The Hook has:
● Nearly
tripled
its available capital resources
● Nearly
tripled
its broker network
As
these two forces grow together, Off The Hook believes that it is building a powerful engine for expansion – creating more transactions,
more opportunities, and more income for the team all supported by one platform.
Redefining
a Fragmented Industry
The
used boat market has historically been:
● Highly
fragmented
● Limited
in data transparency
● Dependent
on individual broker networks
● Lacking
standardized pricing benchmarks
Off
The Hook’s platform is designed to address these challenges by combining technology, shared data, and centralized infrastructure
into a single system accessible to brokers around the world.
“This
is not a traditional dealership model,” said Brian John, Chief Executive Officer of Off The Hook Yachts. “We are building
a platform where brokers can operate from anywhere, transact across markets, and leverage shared data and capital. As participation increases,
we believe the platform becomes more powerful for everyone involved. We’re creating real economic opportunity – bringing
more people into the marine industry, supporting job growth, and helping individuals build meaningful, high-income careers”
Multiple
Revenue Streams Supporting Platform Growth
Off
The Hook generates revenue across multiple components of each transaction, including:
● Transaction
and resale margins
● Processing
and documentation fees
● Financing
and warranty products
● Future
insurance and ancillary services
This
diversified model allows the Company to participate across the full transaction lifecycle, while supporting brokers with a comprehensive
set of tools and services.
Positioned
for Long-Term Growth
With
the expansion of NextBoat AI and the introduction of its five-tier growth model, Off The Hook is building a platform designed for significant
scale without the constraints of traditional dealership models.
While
there can be no assurance of outcomes, the Company believes its model is positioned to support:
● Continued
expansion of its broker network
● Increased
transaction activity across the platform
● Improved
efficiency in sourcing, pricing, and execution
“We
believe no one is better positioned than Off The Hook to capitalize on the pre-owned boat and yacht market at scale”, said Brian
John.
About
Off The Hook YS Inc.
Founded
in 2012, Off The Hook YS Inc. is a vertically integrated, AI-powered marine marketplace transforming how boats are bought, sold, and
financed across the United States. Leveraging proprietary technology, deep transaction data, and a national acquisition network, the
Company increases speed, transparency, and inventory velocity across boat brokerage, wholesale trading, auctions, financing, and marine
services, with an integrated ecosystem that includes Autograph Yacht Group, Azure Funding, and proprietary lead-generation
platforms. Headquartered in Wilmington, North Carolina, Off The Hook is rapidly expanding its national footprint and market share within
the $57 billion U.S. marine industry.
Contact
Off
The Hook YS Inc.
Chad
Corbin, Chief Financial Officer
chadcorbin@offthehookys.com
Investor
Relations
ir@offthehookys.com
Forward-Looking
Statements
This
press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,”
“could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,”
“plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,”
“will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking
statements contain these words. Forward-looking statements are based on Off The Hook YS Inc.’s current expectations and are subject
to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based
on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully
in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and
Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Off The Hook YS Inc. undertakes
no duty to update such information except as required under applicable law.
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