---
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"
generated_at: "2026-05-14T12:18:49.363054+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Off The Hook Yachts closes $6M acquisition of Apex Marine, adding South Florida service facilities

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 2.3, 3.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-022878
- JSON: https://secwatch.observer/filing/0001493152-26-022878.json
- Plain text: https://secwatch.observer/filing/0001493152-26-022878.txt

## Key facts
- M&A Transactions
  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).
  - Action: acquisition
  - Counterparty: Apex Marine, LLC., Apex Marine Sales, LLC. and Apex Marine Stuart, LLC. (collectively “Apex”)
  - Consideration: $5.966,667
  - Closing: 2026-05-13
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2067767/000149315226022878/0001493152-26-022878-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.