---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-029885"
form_type: "8-K"
ticker: "OTH"
cik: "0002067767"
company_name: "OFF THE HOOK YS INC."
filed_at: "2026-06-24T13:17:42+00:00"
generated_at: "2026-06-24T13:18:29.668964+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-029885
- form_type: 8-K
- ticker: OTH
- cik: 0002067767
- company_name: OFF THE HOOK YS INC.
- filed_at: 2026-06-24T13:17:42+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2067767/000149315226029885/0001493152-26-029885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2067767/000149315226029885/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-029885
- JSON: https://secwatch.observer/filing/0001493152-26-029885.json
- Plain text: https://secwatch.observer/filing/0001493152-26-029885.txt

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