{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-022878","form_type":"8-K","ticker":"OTH","cik":"0002067767","company_name":"OFF THE HOOK YS INC.","filed_at":"2026-05-14T12:05:16+00:00","discovered_at":"2026-05-14T12:10:00.551540+00:00","generated_at":"2026-05-14T12:18:49.363054+00:00","sec_items":["2.01","2.3","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Off The Hook Yachts closes $6M acquisition of Apex Marine, adding South Florida service facilities","bullets":["Purchase price $5.97M: $1.2M cash, 679K shares at $2.70 ($1.8M), and two promissory notes ($2.47M and $0.5M).","Apex facilities include 150-metric-ton haul-out capacity, vessels up to 130 ft, and in-house repair/refit teams.","CEO Brian John expects millions in annual cost savings from reduced third-party dependencies and faster turnaround.","Centralized campus near Fort Lauderdale/Miami will hold tens of millions in inventory for global buyers.","Strategic move to operational dominance and scaling without proportional overhead increase, per founder Jason Ruegg."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-022878","json":"https://secwatch.observer/filing/0001493152-26-022878.json","markdown":"https://secwatch.observer/filing/0001493152-26-022878.md","text":"https://secwatch.observer/filing/0001493152-26-022878.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226022878/0001493152-26-022878-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226022878/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T12:18:49.363054+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e8602029d5f665d17bc70fa1a06f89ed8f89be34","claim":"OFF THE HOOK YS INC. completed an acquisition involving Apex Marine, LLC., Apex Marine Sales, LLC. and Apex Marine Stuart, LLC. (collectively “Apex”) for $5.966,667 (closed 2026-05-13).","evidence_excerpt":"The Membership Interest Purchase Agreement (the “MIPA”) was originally signed on February 13, 2026. The closing occurred on May 13, 2026. The purchase price was an aggregate of $5.966,667 which was paid by paying $1.2 million in cash, the issuance of shares having a value of $1,800,000 (679,012 shares at $2.70 per share) and the issuance of two promissory","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226022878/0001493152-26-022878-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Apex Marine, LLC., Apex Marine Sales, LLC. and Apex Marine Stuart, LLC. (collectively “Apex”)"},{"label":"Consideration","value":"$5.966,667"},{"label":"Closing","value":"2026-05-13"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}