{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-030328","form_type":"8-K","ticker":"OTH","cik":"0002067767","company_name":"OFF THE HOOK YS INC.","filed_at":"2026-06-26T21:00:38+00:00","discovered_at":"2026-06-26T21:02:00.634797+00:00","generated_at":"2026-06-26T21:02:34.827339+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NextBoat enters $2M inventory loan agreement at 15% interest with related-party lender","bullets":["Signed Master Loan Agreement with RLLT Capital; initial $2.0M advance funded June 22, 2026 for pre-owned boat inventory.","Loan terms: 15% simple interest p.a., 180-day maturity, 1% origination fee, and 5% profit participation on boat sale gross profit.","Loans are unsecured, full recourse; NextBoat and Off The Hook Yacht Sales are jointly and severally liable.","President Jason Ruegg personally guarantees and pledges $5M+ in NXB shares as security; he received no consideration."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-030328","json":"https://secwatch.observer/filing/0001493152-26-030328.json","markdown":"https://secwatch.observer/filing/0001493152-26-030328.md","text":"https://secwatch.observer/filing/0001493152-26-030328.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226030328/0001493152-26-030328-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226030328/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T21:02:34.827339+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}