Off The Hook to Host Investor Webinar to Discuss APEX Acquisition Expected to Add $30M in Revenue and Deliver $3M in Annual Cost Savings
Rhea-AI Summary
Off The Hook Yachts (NYSE American: OTH) will host an investor webinar on February 23, 2026 at 4:15 p.m. ET to discuss its definitive agreement to acquire Apex Marine Group (APEX).
The transaction is expected to contribute approximately $30 million in 2025 revenue (unaudited), deliver an estimated $3 million in annual cost savings, add four South Florida facilities, and bring new brands and new-boat brokers; closing is expected within ~60 days, subject to customary conditions.
Positive
- $30M projected 2025 revenue contribution (unaudited)
- $3M estimated annual cost savings
- Adds four strategic South Florida facilities
- Adds established brands: Pursuit, Fountain, Solace, Nauticstar
- Adds seasoned new-boat broker team
Negative
- 2025 revenue contribution is unaudited
- Deal closing is subject to customary conditions and expected in ~60 days
News Market Reaction – OTH
On the day this news was published, OTH declined 3.60%, reflecting a moderate negative market reaction. Argus tracked a trough of -14.6% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $59M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peer stocks in the provided universe showed momentum flags or same-day headlines, suggesting this move is specific to Off The Hook and its APEX acquisition communications.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 20 | APEX acquisition deal | Positive | -4.8% | Signed definitive agreement to acquire APEX with four South Florida facilities. |
| Feb 02 | Great Lakes partnership | Positive | -2.2% | Strategic partnership with JBYS adding Great Lakes trade-in pipeline. |
| Jan 28 | Media feature | Positive | +5.6% | New York Post profile highlighting growth, IPO proceeds and scale. |
| Jan 26 | Caribbean expansion | Positive | +10.4% | CFR Yacht Sales partnership and revenue outlook for 2025–2026. |
| Jan 20 | Financing expansion | Positive | +3.4% | Expanded inventory floorplan facility and 2026 revenue expectations. |
Growth-focused news (acquisitions, partnerships, financing) has often been met with positive reactions, but the initial APEX deal announcement saw a negative move.
Over recent months, Off The Hook highlighted expansion and financing steps, including partnerships in the Great Lakes (Feb 2, 2026) and Caribbean/Latin America (Jan 26, 2026), plus a larger floorplan facility and revenue outlook on Jan 20, 2026. The APEX acquisition was first detailed on Feb 20, 2026. Today’s webinar deepens that same acquisition narrative, focusing on expected revenue contribution and cost savings from the APEX platform.
Market Pulse Summary
This announcement reiterates the APEX acquisition’s potential to add about $30 million in 2025 revenue and $3 million in annual cost savings, while detailing integration plans and a South Florida hub strategy. It follows recent 8-K disclosure of deal terms and prior expansion partnerships. Investors may focus on closing within roughly 60 days, execution on cost reductions, and any subsequent updates to 2026 revenue and margin expectations.
Key Terms
ai-powered technical
AI-generated analysis. Not financial advice.
Wilmington, NC, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (NYSE American: OTH) (“Off the Hook Yachts” or “Off the Hook” or “the Company”), a vertically integrated, AI-powered marine marketplace and the largest buyer and seller of used boats in the nation, is pleased to invite investors to a webinar on February 23, 2026, at 4:15 p.m. ET.
The exclusive event, hosted by RedChip Companies, will feature Brian John, CEO of Off The Hook Yachts, who will discuss the Company’s recently announced definitive agreement to acquire Apex Marine Group of Companies (APEX), a premier South Florida marine service, storage, and sales organization.
- Contribution of approximately
$30 million in annual revenue in 2025 (unaudited) - Estimated
$3 million in annual cost savings, elimination of third-party service providers and storage fees. - Addition of great brands like Pursuit, Fountain, Solace and Nauticstar to its arsenal.
- Addition of a seasoned team of “new boat” brokers
During the presentation, Mr. John will outline the strategic rationale behind the acquisition, integration plans, and how the transaction establishes a centralized South Florida mega sales, service and refurbishment destination. He will discuss how the expanded in-house infrastructure complements the Company’s industry-leading AI-powered marketplace by accelerating inventory turnover, enhancing pricing precision and quality control, strengthening its international buyer network, and positioning Off The Hook for margin expansion and scalable long-term growth.
The acquisition, which includes four strategically located South Florida facilities in Miami, Palm Beach, Stuart and the Keys, is expected to close within approximately 60 days, subject to customary conditions.
A live Q&A session with management will follow the presentation.
To register for the free webinar, please visit: https://www.redchip.com/webinar/OTH/81364619254
Questions can be pre-submitted to OTH@redchip.com or asked online during the live event.
About Off The Hook YS Inc.
Founded in 2012, Off The Hook YS Inc. is a vertically integrated, AI-powered marine marketplace transforming how boats are bought, sold, and financed across the United States. Leveraging proprietary technology, deep transaction data, and a national acquisition network, the Company increases speed, transparency, and inventory velocity across boat brokerage, wholesale trading, auctions, financing, and marine services, with an integrated ecosystem that includes Autograph Yacht Group, Azure Funding, and proprietary lead-generation platforms. Headquartered in Wilmington, North Carolina, Off The Hook is rapidly expanding its national footprint and market share within the
Contact
Investor Relations
ir@offthehookys.com
Dave Gentry
RedChip Companies Inc.
1-800-REDCHIP (733-2447)
1-407-644-4256
OTH@redchip.com
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Off The Hook YS Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Off The Hook YS Inc. undertakes no duty to update such information except as required under applicable law.
FAQ
What will Off The Hook (OTH) cover in the February 23, 2026 investor webinar?
How much revenue is APEX expected to add to Off The Hook (OTH)?
What cost savings does Off The Hook (OTH) expect from the APEX acquisition?
Which locations and brands are included in the APEX purchase for Off The Hook (OTH)?
When is the APEX acquisition expected to close and what conditions apply for Off The Hook (OTH)?
