Off The Hook YS Inc. Confirms Development of New Florida Office

Rhea-AI Summary

Off The Hook YS (NYSE American: OTH) confirmed a new office development in Jupiter, Florida to serve as headquarters for its luxury brokerage division, Autograph Yacht Group (AYG).

The site will house Florida-based C-level leadership, include office space and six on-site boat slips for inventory access and storage, and is currently under build-out. Management expects the location to be completed and move-in ready in early 2026.

Wilmington, NC, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (NYSE American: OTH) has confirmed the development of a new office location in Jupiter, Florida. The facility will serve as the headquarters for Autograph Yacht Group (AYG), a recently established luxury brokerage division led by industry veteran Mike Burke. In addition to housing members of Off The Hook’s C-level leadership team based in Florida, the site will strengthen the company’s footprint in one of the nation's most active yachting markets.

The Jupiter site includes office space and six on-site boat slips, allowing for streamlined inventory access and storage. The build-out is currently in progress.

“We expect the build-out of this location to be completed and move-in ready in the beginning of 2026. The location will also have six boat slips for some of our best inventory,” stated Brian S. John, CEO of Off The Hook YS Inc.

About Off The Hook Yachts
Founded in 2012 by Jason Ruegg, Off The Hook Yachts has become one of America’s largest buyers and sellers of pre-owned boats. Headquartered in Wilmington, North Carolina, with operations throughout the East Coast and South Florida, the company acquires more than $100 million in boats and yachts annually. Off The Hook leverages AI-assisted valuation tools and a data-driven sales platform to bring speed and transparency to yacht transactions, supported by a nationwide network of offices and marinas offering brokerage, wholesale, and performance yacht sales.

Media Contact
Abigail Lafferty
abigail@pantelidespr.com
(561) 374-0513

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 did Off The Hook YS (OTH) announce about a new Florida office on November 25, 2025?

Off The Hook YS announced a new office in Jupiter, Florida to headquarter Autograph Yacht Group with six boat slips and an expected early 2026 completion.

When will the OTH Jupiter office be completed and move-in ready?

Management expects the Jupiter site to be completed and move-in ready in the beginning of 2026.

What is Autograph Yacht Group and who will lead it for OTH (NYSE:OTH)?

Autograph Yacht Group is OTH's luxury brokerage division led by industry veteran Mike Burke.

How will the Jupiter site support Off The Hook YS (OTH) operations?

The site includes office space and six on-site boat slips to enable streamlined inventory access and storage for the brokerage.

Will Off The Hook YS move executives to the new Jupiter, Florida office (OTH)?

The company said the Jupiter location will house members of its Florida-based C-level leadership team.

Does the OTH Jupiter development include marina facilities and inventory space?

Yes; the build-out includes office facilities plus six boat slips intended for company inventory storage and access.