NextBoat adds new director and finance and insurance VP
NextBoat Inc. added an independent board member to chair compensation and a new VP of Finance & Insurance to bolster revenue leadership.
Rhea-AI Filing Summary
NextBoat Inc. (NXB) reported two senior leadership additions intended to support its next phase of growth. Zebulon Hadley has joined the Board of Directors as an independent director and will chair the Compensation Committee, while Todd Bates has been appointed Vice President of Finance & Insurance (F&I).
The disclosure is furnished under Regulation FD, meaning the associated press release is not treated as filed financial information. The release highlights Hadley’s experience scaling businesses and Bates’s record of growing F&I revenue in large marine retail operations as NextBoat expands within the U.S. boating market.
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Key Figures
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Regulation FD regulatory
independent director regulatory
Compensation Committee regulatory
Finance & Insurance (F&I) financial
forward-looking statements regulatory
Entrepreneurial Operating System technical
FAQ
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What experience does Todd Bates bring to NextBoat Inc. (NXB)?
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 7.01. Regulation FD Disclosure.
On September 4, 2026, NextBoat Inc. (the “Company”) issued a press release: “NextBoat Strengthens Board and Revenue Leadership to Power Its Next Phase of Growth”. A copy of the press release is attached hereto as Exhibit 99.1.
The information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Exhibits | |
| 99.1 | Press Release of NextBoat Inc. entitled “NextBoat Strengthens Board and Revenue Leadership to Power Its Next Phase of Growth” dated September 4, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: September 4, 2026 | NextBoat Inc. | |
| By: | /s/ Brian John | |
| Name: | Brian John | |
| Title: | Chief Executive Officer | |
Exhibit 99.1
NextBoat Strengthens Board and Revenue Leadership to Power Its Next Phase of Growth
NextBoat Appoints Zebulon Hadley to Board of Directors and Names Todd Bates VP of Finance & Insurance, Bringing Decades of Combined Industry Experience to the Company
WILMINGTON, NC / ACCESS Newswire / September 04, 2026 / NextBoat Inc. (NYSE American: NXB) (“NextBoat” or the “Company”), a vertically integrated, technology-driven marine marketplace and one of the largest buyers and sellers of used boats in the United States, today announced two strategic leadership additions: Zebulon Hadley joined the Board of Directors as an independent director, and Todd Bates joins the leadership team as VP of Finance & Insurance (F&I).
“As we scale NextBoat into a mature public company, having the right people in the room, on our Board and in our F&I business, matters as much as the deals we close,” said Brian John, Chief Executive Officer of NextBoat. “Zebulon brings two decades of building and governing companies at scale, and Todd brings a track record of driving F&I revenue at some of the largest names in marine retail. Both are exactly the kind of experienced additions that we believe this next stage of growth requires.”
Zebulon Hadley joined the Board as an independent director and will chair its Compensation Committee. He is President and CEO of National Coatings, Inc., a commercial painting and industrial coatings contractor he acquired in 2016 and has grown to roughly $39 million in annual revenue, one of several businesses he’s founded, acquired, and scaled over a 20-year entrepreneurial career that earned him the Triangle Business Journal’s 2025 CEO of the Year.
“I’m excited to join NextBoat’s Board at an important stage in the Company’s growth,” said Zebulon Hadley, Director of NextBoat. “I look forward to bringing my experience with the Entrepreneurial Operating System, aligning people, and strengthening processes to help reinforce accountability, governance, and execution as NextBoat continues to scale. As Chair of the Compensation Committee, I’m also looking forward to helping ensure the Company has the right structures and incentives to support its people and long-term strategic objectives.”
Todd Bates joins as VP of F&I, bringing more than a decade of F&I leadership at one of the nation’s largest marine retail groups. Most recently serving as Corporate Director of Finance, he grew F&I revenue by more than $5 million on flat sales volume across 80 locations, building on a track record that includes taking a single dealership’s F&I revenue from $600,000 to $2.4 million as its top-ranked Business Manager.
“I’m excited to be joining NextBoat because I see a tremendous opportunity to build something special in the boating industry,” said Todd Bates, VP of F&I. “My goal is to bring my experience, energy, and customer-focused approach to help grow the company while creating an exceptional customer experience. I’m looking forward to joining the team and helping NextBoat establish itself as an industry leader.”
These appointments mark the latest step in building the governance and revenue leadership behind NextBoat’s next phase of growth, as the Company works to redefine how boats are bought, sold, and financed nationwide.
About NextBoat Inc.
Founded in 2012, NextBoat Inc., previously known as Off The Hook YS Inc., is a vertically integrated, AI-powered marine marketplace transforming how boats are bought, sold, financed, and serviced across the United States. Through proprietary technology, transaction data, financing capabilities, and a growing national acquisition network, the Company operates across boat brokerage, wholesale inventory acquisition, auctions, financing, and marine services. NextBoat’s ecosystem includes Off The Hook Yachts, Autograph Yacht Group, Azure Funding, and proprietary lead-generation platforms. Headquartered in Wilmington, North Carolina, NextBoat is rapidly expanding its national footprint and market share within the $57 billion U.S. marine industry.
Contact
Investor Relations
ir@nextboat.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws regarding NextBoat Inc. (“Company”), including, without limitation, statements regarding the Company’s business strategy, technology platform, market opportunity, planned operations, and expected results and benefits. You can generally identify forward-looking statements by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” or “will,” or the negative of such terms thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these identifying words.
These forward-looking statements are based on the Company’s current plans, objectives, estimates, expectations, and intentions and inherently involve significant risks and uncertainties, many of which are beyond our control. Actual results, performance or achievements, including the timing of events, may differ materially from those expressed or implied by the forward-looking statements as a result of various risks and uncertainties, including those described under the heading “Risk Factors” in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other subsequent filings with the SEC. Copies of these filings are available on the SEC’s website at www.sec.gov. Investors are cautioned that forward-looking statements are not guarantees of future performance, and are cautioned not to place undue reliance on any such forward-looking statements. The forward-looking statements made in this press release are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events at such dates, even if they are subsequently made available by the Company on its website or otherwise. The Company undertakes no obligation to update, revise or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances occurring after the date such statements were made, except as required by applicable law.