NextBoat enters strategic partnership with MarineMax; issues up to 1.25M warrants

OFF THE HOOK YS INC.

MarineMax becomes NextBoat's preferred wholesale partner, routing pre-owned inventory through NextBoat AI platform.
NextBoat issued warrants to MarineMax for up to 1.25M shares at exercise prices $3.25-$7.00 per share.
MarineMax has over 120 locations worldwide and $2.3B annual revenue, expected to drive platform volume.
Initial term of 5 years, either party may terminate with 90 days' notice.
Partnership includes financing and insurance through MarineMax's Newcoast; potential recurring revenue from renewals.

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