Autograph Yachts lifts NextBoat (NYSE: NXB) above $132M in deals
Rhea-AI Filing Summary
NextBoat Inc. filed a current report highlighting strong second-quarter growth at its Autograph yacht brokerage division. Autograph facilitated 31 yacht transactions in the quarter, up from 22 in the first quarter, a 41% increase in deal activity.
Gross sales volume rose by approximately $43 million, and Autograph trade activity reached $23.3 million, driving total second-quarter transaction volume to nearly double the approximately $35 million recorded in the first quarter. Since launching in September 2025, Autograph has handled about $132 million in brokerage and trade transactions, exceeding its original first-year $100 million target by more than 30%.
The division’s brokerage listing inventory has expanded from roughly $100 million in listings to about $190 million. NextBoat is also investing in growth, opening an office in Coconut Grove, Miami, and adding five new brokers while engaging additional top-producing brokers.
Positive
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Negative
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Insights
Autograph is scaling quickly, but its impact on total company results isn’t quantified here.
The disclosure shows Autograph’s transaction volume reaching about $132 million since its September 2025 launch, surpassing a $100 million first-year goal by over 30%. Q2 volume nearly doubled the prior quarter’s approximately $35 million, indicating rapid early growth within this division.
Listing inventory grew from roughly $100 million to about $190 million, and NextBoat is adding brokers and a Coconut Grove, Miami office. The overall impact on consolidated revenue and profit is not detailed here, so investors would rely on future 10-Q and 10-K filings for full financial context.
8-K Event Classification
Key Figures
Key Terms
Regulation FD regulatory
total transaction volume financial
brokerage listing inventory financial
forward-looking statements regulatory
emerging growth company regulatory
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 June 16, 2026, Off The Hook YS Inc. (the “Company”) issued a press release: “NextBoat Inc.’s Autograph Yachts Division Delivers Strong Second Quarter Growth, Driven by Expanding Brokerage Platform and Market Share Gains”. 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 Yachts Division Delivers Strong Second Quarter Growth, Driven by Expanding Brokerage Platform and Market Share Gains” dated June 16, 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 16, 2026 | NextBoat Inc. | |
| By: | /s/ Brian John | |
| Name: | Brian John | |
| Title: | Chief Executive Officer | |
Exhibit 99.1
NextBoat Inc.’s Autograph Yachts Division Delivers Strong Second Quarter Growth, Driven by Expanding Brokerage Platform and Market Share Gains
Division surpasses $132 million in total transaction volume since launch, exceeding first-year target by more than 30%
Wilmington,
NC –
During the second quarter, Autograph facilitated 31 yacht transactions, up from 22 in the first quarter, representing a 41% increase in deal activity. Gross sales volume increased by approximately $43 million during the quarter, while Autograph trade activity reached $23.3 million, contributing to total transaction volume that nearly doubled the approximately $35 million achieved during the first quarter.
Since launching operations in September 2025, Autograph has facilitated approximately $132 million in brokerage and NextBoat trade transactions. Autograph’s original first-year objective was to achieve $100 million in transaction volume, a goal that was surpassed by more than 30% within its first ten months of operation.
“Our second quarter results demonstrate the strength of our platform, our brokers, and our commitment to innovation within the yacht brokerage industry,” said Mike Burke, President of Autograph Yacht Group. “What makes these results particularly meaningful is that we achieved them while building the business from the ground up. We began with no offices, a small team of seven brokers, and limited infrastructure. Today, we have established a scalable platform with multiple offices, experienced support staff, advanced marketing capabilities, and growing market presence.”
The Company’s brokerage listing inventory has expanded significantly, growing from approximately $100 million in listings to approximately $190 million, with additional inventory being added regularly. Management believes this growth reflects the effectiveness of its marketing platform, broker recruitment initiatives, and increasing brand recognition throughout the market.
The Company has also continued to invest in geographic expansion and talent acquisition. Autograph is currently establishing an additional office in Coconut Grove, Miami, strengthening its coverage across Southeast Florida. During the quarter, the Company added five new brokers and is actively engaged in discussions with an additional five to six top-producing brokers expected to join the platform over the coming months.
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.
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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.