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Record $45M superyacht deal shows NextBoat (NYSE: NXB) luxury reach

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

NextBoat Inc. reported that its Autograph Yacht Group division completed the sale of a 2009 Abeking & Rasmussen 60-meter superyacht, last asking $45,000,000, described as the largest brokerage transaction in the Company’s history. Fewer than 20 superyachts of similar scale sell worldwide each year, placing this deal in a rare tier of the market.

Management highlights the transaction as evidence that Autograph Yacht Group now competes at the top end of the global luxury brokerage market and is expanding the caliber of clients it serves, including ultra-high-net-worth buyers and sellers. The Company links this milestone to its strategy of recruiting world-class brokers to increase revenue per transaction and broaden its addressable market upward.

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Insights

NextBoat highlights a record luxury-yacht deal that supports its upscale growth story.

The 8-K centers on a single, very large superyacht sale, with the vessel’s last asking price at $45,000,000. Management calls it the largest brokerage transaction in NextBoat history and notes that fewer than 20 comparable deals occur globally each year, underscoring the transaction’s rarity.

Strategically, the company positions this as validation of its push into the highest tier of the marine market via its Autograph Yacht Group division. Management emphasizes higher commission revenue potential per deal and deeper relationships with ultra-high-net-worth clients, linking this to a strategy of attracting top brokers.

The filing does not quantify commissions or profit contribution, so the direct financial impact versus overall revenue is unclear. The significance therefore lies more in strategic signaling than in clearly measurable near-term earnings. Future filings may clarify how often transactions of similar scale recur and how they affect the company’s revenue mix.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Superyacht last asking price $45,000,000 2009 Abeking & Rasmussen 60-meter superyacht; largest brokerage deal in company history
Global ultra-large superyacht deal volume Fewer than 20 sales per year Superyacht sales of similar scale worldwide each year
U.S. marine industry size $57 billion Size of U.S. marine industry where NextBoat operates
Superyacht length 60 meters Length of Abeking & Rasmussen superyacht sold
Form type 8-K Regulation FD disclosure of press release
Regulation FD regulatory
"Item 7.01. Regulation FD Disclosure. On June 29, 2026, NextBoat Inc."
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the federal securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
ultra-high-net-worth financial
"bring the Company into direct relationships with ultra-high-net-worth buyers and sellers"
Individuals or households with exceptionally large total wealth and investable assets, often far above ordinary high-net-worth levels; exact dollar cutoffs vary by region but are commonly measured in the tens of millions. They matter to investors because their buying, selling and capital allocation can move markets, create demand for specialized financial products and private deals, and shape fundraising; think of them as a few very large ships whose movements affect the whole harbor.
vertically integrated financial
"NextBoat Inc., previously known as Off The Hook YS Inc., is a vertically integrated, AI-powered marine marketplace"
Vertically integrated describes a company that owns and controls multiple steps in making and selling its products or services — for example sourcing raw materials, manufacturing, and distribution. Like a bakery that grows its own wheat, mills the flour, bakes the bread and runs the shops, this setup can lower costs, improve quality and speed to market and protect profit margins, but it also requires more capital and can reduce flexibility.
AI-powered marine marketplace technical
"is a vertically integrated, AI-powered marine marketplace transforming how boats are bought, sold, financed, and serviced"
commission revenue financial
"Superyacht transactions of this scale generate significantly higher commission revenue than the mid-market deals"
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FAQ

What major transaction did NextBoat Inc. (NXB) disclose in this 8-K?

NextBoat disclosed that its Autograph Yacht Group division completed the sale of a 2009 Abeking & Rasmussen 60-meter superyacht, last asking $45,000,000. Management states this is the largest brokerage transaction in the company’s history and positions it as a key strategic milestone.

Why is the reported superyacht sale significant for NextBoat Inc. (NXB)?

The superyacht sale is significant because management says it is NextBoat’s largest brokerage transaction ever and one of fewer than 20 deals of this scale worldwide each year. The company sees it as proof that Autograph Yacht Group competes at the top of the global luxury market.

How does this transaction fit NextBoat Inc. (NXB)’s growth strategy?

Management believes the deal supports a strategy of attracting world-class broker talent to move into higher-value transactions. They expect such deals to increase commission revenue per transaction and expand NextBoat’s addressable market toward ultra-high-net-worth clients in the global luxury marine segment.

Did NextBoat Inc. (NXB) disclose the exact revenue or commission from the superyacht sale?

The filing states that superyacht transactions of this scale generate significantly higher commission revenue than typical mid-market deals but does not quantify the commission. It focuses instead on the yacht’s last asking price of $45,000,000 and the strategic importance of the transaction.

What role does Autograph Yacht Group play within NextBoat Inc. (NXB)?

Autograph Yacht Group is NextBoat’s luxury yacht brokerage division. The filing portrays it as a key vehicle for reaching the highest tiers of the marine market, handling transactions from premium center consoles to exclusive superyachts and deepening relationships with ultra-high-net-worth buyers and sellers.

How does NextBoat Inc. (NXB) describe its overall business model?

NextBoat describes itself as a vertically integrated, AI-powered marine marketplace focused on buying, selling, financing, and servicing boats across the United States. Its ecosystem includes Off The Hook Yachts, Autograph Yacht Group, Azure Funding, and proprietary lead-generation platforms in the $57 billion U.S. marine industry.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 29, 2026

 

NextBoat Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-42930   33-2636992

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

1701 Jel Wade Dr

Wilmington, NC 28401

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (910) 772-9277

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   NXB   NYSE American LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On June 29, 2026, NextBoat Inc. (the “Company”) issued a press release: “NextBoat Inc.’s Autograph Yacht Division Completes Landmark Superyacht Transaction” 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 Inc’s Autograph Yacht Division Completes Landmark Superyacht Transaction” dated June 29, 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: June 29, 2026 NextBoat Inc.
     
  By: /s/ Brian John
  Name: Brian John
  Title: Chief Executive Officer

 

 

 

 

 

Exhibit 99.1

 

 

NextBoat Inc.’s Autograph Yacht Group Division Completes Landmark Superyacht Transaction

 

Sale of 2009 Abeking & Rasmussen 60-Meter Superyacht, Last Asking $45,000,000, Marks Company’s Largest-Ever Brokerage Transaction

 

Wilmington, NC – June 29 – NextBoat Inc. (NYSE American: NXB) (“NextBoat” or the “Company”), today announced that its Autograph Yacht Group division has completed the sale of a 2009 Abeking & Rasmussen 60-meter superyacht, last asking $45,000,000 — the largest brokerage transaction in the Company’s history. Burgess represented the seller; Gary Hardcastle of Autograph Yacht Group represented the buyer.

 

With fewer than 20 superyacht sales of this scale occurring worldwide each year, the transaction signals that Autograph Yacht Group has arrived at the very top of the global luxury market — a competitive tier reserved for the world’s most established brokerage houses.

 

“This milestone reflects the caliber of clients, brokers, and partnerships that continue to drive our business forward,” said Mike Burke, President of Autograph Yacht Group. “This transaction demonstrates that Autograph Yacht Group is building a brokerage platform capable of serving every segment of the market, from premium center consoles to the world’s most exclusive superyachts.”

 

The transaction also marks a meaningful expansion in the caliber of client NextBoat serves. Superyacht transactions of this scale generate significantly higher commission revenue than the mid-market deals that represent the bulk of the industry’s volume and bring the Company into direct relationships with ultra-high-net-worth buyers and sellers that few platforms can access. Management believes this deal validates a core element of its growth strategy: that by attracting world-class broker talent, NextBoat can drive substantial increases in revenue per transaction while expanding its addressable market upward.

 

“Transactions like this don’t happen without years of relationships and a platform with the credibility to compete at the highest level,” said Gary Hardcastle of Autograph Yacht Group. “What NextBoat provided was the infrastructure and backing to bring this deal across the finish line, and this transaction marks the beginning of the next chapter of our growth.”

 

This transaction represents a tangible proof point in NextBoat’s strategy to build a platform capable of serving every tier of the marine market — from entry-level recreational boats to the world’s most exclusive superyachts. As the Company continues to recruit top-producing brokers and deepen its global relationships, management expects transactions of this caliber to become an increasingly consistent part of its revenue mix.

 

 

 

 

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.

 

 

 

Filing Exhibits & Attachments

5 documents