NextBoat reports 15 vessel sales and $90k monthly cost cuts in first 60 days after APEX acquisition

OFF THE HOOK YS INC.

Sold 15 vessels across multiple product categories since closing APEX acquisition on May 1, 2026.
Identified approximately $90,000 in monthly SG&A reductions through facility consolidation and vendor rationalization.
Closed Haulover location and centralized APEX pre-owned inventory at the Miami site.
Service department developing additional yard space, expected to be completed by end of June 2026.
Company achieved early sales success and expanded service capacity within the first 60 days post-acquisition.

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