# EDGAR Filing Document

**Accession Number:** 0002067767
**File Stem:** 0001493152-26-022878
**Filing Date:** 2026-5
**Character Count:** 26395
**Document Hash:** d67e4ec51536de81a46702fcadeb8d04
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-022878.hdr.sgml**: 20260514

**ACCESSION NUMBER**: 0001493152-26-022878

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260514

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260514

**DATE AS OF CHANGE**: 20260514

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OFF THE HOOK YS INC.
- **CENTRAL INDEX KEY:** 0002067767
- **STANDARD INDUSTRIAL CLASSIFICATION:** SHIP & BOAT BUILDING & REPAIRING [3730]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 332636992
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42930
- **FILM NUMBER:** 26975934

**BUSINESS ADDRESS:**
- **STREET 1:** 1701 JEL WADE DR
- **CITY:** WILMINGTON
- **STATE:** NC
- **ZIP:** 28401
- **BUSINESS PHONE:** (910) 772 9277

**MAIL ADDRESS:**
- **STREET 1:** 1701 JEL WADE DR
- **CITY:** WILMINGTON
- **STATE:** NC
- **ZIP:** 28401

?xml version='1.0' encoding='ASCII'?

**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): May 14, 2026**

**Off The Hook YS Inc.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Nevada** | **001-42930** | **33-2636992** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (I.R.S. Employer<br> 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 | OTH | 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 2.01. Closing of Acquisition** 

On May 13, 2026, Off The Hook YS Inc (the "Company") completed the acquisition (the "Acquisition") of Apex Marine, LLC., Apex Marine Sales, LLC. and Apex Marine Stuart, LLC. (collectively "Apex"). The Membership Interest Purchase Agreement (the "MIPA") was originally signed on February 13, 2026. The closing occurred on May 13, 2026. The purchase price was an aggregate of $5.966,667 which was paid by paying $1.2 million in cash, the issuance of shares having a value of $1,800,000 (679,012 shares at $2.70 per share) and the issuance of two promissory notes, one for $2,466,667 and one for $500,000. The primary owner of the Membership Interests was Ismael Pereira. The Company had no prior relationship with Mr. Pereira.

**Item 2.3 Creation of a Direct Financial Obligation**

On May 13, 2026, the Company issued two promissory notes, one in the amount of $2,466,667 and one for $500,000. The $2,466,667 note is due in 24 monthly payments and bears interest at 6.0% per annum and the $500,000 note is due 365 days from issuance and bears no interest except in the event of default.. The $2,466,667 note is secured by the membership interests purchased in the MIPA. The above descriptions of the notes are summaries and are qualified by the terms of the actual notes. Copies of the promissory notes are filed as exhibits 4.1 and 4.2 hereto

**Item 3.02 Unregistered Sales of Equity Securities**

In connection with the Acquisition, the Company agreed to issue the sellers of the Membership Interests an aggregate of 679,012 shares of the Company's common stock. The issuance of the shares were made under the exemption under 4(2) of the Securities Act of 1933, as amended.

**Item 7.01. Regulation FD Disclosure.**

On May 1 4, 2026, the "Company issued a press release regarding the closing of the Acquisition: "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 exhibit 99.1 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.**

The Company will file the required financial statements within 60 days of the date hereof.

(d) *Exhibits.*

---

| | |
|:---|:---|
| Exhibit Number | Exhibits |
| 4.1 | [Promissory Note dated May 13, 2026 in the amount of $500,000.](ex4-1.htm) |
| 4.2 | [Promissory Note dated May 13, 2026 in the amount of $2,466,667.](ex4-2.htm) |
| 99.1 | [Press Release of Off the Hook YS Inc. dated May 14, 2026.](ex99-1.htm) |
| 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: May 14, 2026 | **Off The Hook YS Inc.** | **Off The Hook YS Inc.** |
|  | By: | */s/ Brian John* |
|  | Name: | Brian John |
|  | Title: | Chief Executive Officer |

---

## Exhibit 4.1

**Exhibit 4.1**

**<u>PROMISSORY NOTE</u>**

$500,000.00

Date: May 4, 2026

**FOR VALUE RECEIVED**, Off The Hook YS, Inc., a Nevada corporation ("Maker"), hereby promises to pay to the order of Ismael Perera ("Payee"), the principal sum of Five Hundred Thousand Dollars ($500,000.00).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1. No Interest.** This Promissory Note shall bear no interest.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2. Payment and Maturity.** The entire outstanding principal balance shall be due and payable in full on the first (1st) Business Day occurring after the date that is three hundred sixty-five (365) days following May 4, 2026 (the "Maturity Date").

"Business Day" means any day other than a Saturday, Sunday, or a legal holiday on which banks are authorized or required to close in the State of Florida.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3. Prepayment.** Maker may prepay this Note, in whole or in part, at any time without penalty or premium.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4. Unsecured Obligation.** This Note is unsecured and does not grant Payee any lien, security interest or other encumbrance on any assets of Maker.

Payee acknowledges and agrees that this Note is unsecured and that Payee shall not file or record any financing statement (including any UCC-1) or other instrument asserting a lien or security interest in any assets of Maker.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5. Events of Default.** Each of the following shall constitute an "Event of Default":

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) failure of Maker to pay the principal when due, which continues for five (5) Business Days after written notice from Payee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) voluntary dissolution or liquidation of Maker; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) commencement of a bankruptcy or insolvency proceeding by or against Maker that is not dismissed within sixty (60) days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6. Remedies.** Upon the occurrence and continuation of an Event of Default, Payee, may declare the entire unpaid principal immediately due and payable under this Note and may exercise any and all other rights and remedies available at law or in equity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7. Waivers.** Maker hereby waives presentment, demand, protest and notice of dishonor, except as expressly set forth herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8. Governing Law; Venue.** This Note shall be governed by and construed in accordance with the laws of the State of Florida. Any action arising out of or relating to this Note shall be brought in the state courts located in Miami Dade, Florida, and the parties hereby submit to the jurisdiction thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9. Attorneys' Fees.** In the event of any dispute arising out of or relating to this Note, Payee shall be entitled to recover its reasonable attorneys' fees and costs, including those incurred at trial and on appeal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10. Assignment.** This Note may not be assigned by either party without the prior written consent of the other party, which shall not be unreasonably withheld, conditioned or delayed; provided, however, that Payee may assign this Note to an affiliate upon written notice to Maker.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11. Amendments.** This Note may be amended only by a written agreement signed by both Maker and Payee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12. Relationship to Purchase Agreement.** This Note is issued pursuant to that certain Membership Interest Purchase Agreement dated February 13, 2026, as amended, and shall be interpreted consistently therewith. A default by Maker under that Agreement or under the Main Note (defined below herein) shall constitute a default under this Note.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13. No Partnership or Fiduciary Relationship.** Nothing contained in this Promissory Note shall be deemed or construed to create any partnership, joint venture, fiduciary or agency relationship between Maker and Payee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14. Relationship to Main Note.** This Promissory Note is issued in connection with that certain Promissory Note in the original principal amount of $2,466,667 (the "Main Note") made by Maker in favor of the parties identified therein.

Notwithstanding anything to the contrary, all payments due to Payee under this Note shall be paid in priority to any payments due under the Main Note.

A failure by Maker to pay any amounts when due under this Note **after expiration of any applicable notice and cure period** shall constitute an Event of Default under the Main Note, and a failure by Maker to pay any amounts when due under the Main Note **after expiration of any applicable notice and cure period** shall constitute an Event of Default under this Note.

For the avoidance of doubt, the foregoing shall not modify the maturity date or payment terms of the Main Note, except to the extent of the payment priority set forth above.

**IN WITNESS WHEREOF**, Maker has executed this Promissory Note as of the date first written above.

**<u>(SIGNATURES ON NEXT PAGE)</u>**

**<u>MAKER:</u>**

---

| | |
|:---|:---|
| **OFF THE HOOK YS, INC.,** | **OFF THE HOOK YS, INC.,** |
| a Nevada corporation | a Nevada corporation |
| By: |  |
| Name: | Brian S. John |
| Title: | Chief Executive Officer |
| **<u>PAYEE:</u>** | **<u>PAYEE:</u>** |
| Ismael Perera | Ismael Perera |
| Signature: |  |
| Name: | Ismael Perera |
| Date: |  |

---

## Exhibit 4.2

**Exhibit 4.2**

**<u>PROMISSORY NOTE</u>**

$2,466,667.00

Miami, Florida

April 30, 2026

**FOR VALUE RECEIVED**, the undersigned Off The Hook YS, Inc., a Nevada corporation, having an address at 1701 J.E.L. Wade Drive, Wilmington, NC 28401 ("Maker"), promises to pay to the order of Ismael Perera, an individual, William B. Dalton, Horacio S. Aguirre, Frank Llano, Rodolfo F. Garcia and Sean Fenniman (each, a "Payee" and collectively, the "Payees"), having an address at Apex Marine, LLC, 1995 N.W. 11th Street, Miami, FL 33125, or at such other place as may be designated by the holder hereof, the principal sum of Two Million Four Hundred Sixty-Six Thousand Six Hundred Sixty-Seven and 00/100 Dollars ($2,466,667.00), together with interest thereon, as follows:

**Administrative Agent.** The Payees hereby designate Ismael Perera as administrative agent (in such capacity, the "Administrative Agent") for purposes of administering and directing all payments under this Note including the allocation and distribution thereof among the Payees. The Administrative Agent shall have the sole authority to deliver payment instructions to Maker on behalf of the Payees. Maker shall be entitled to rely conclusively on any written instructions delivered by the Administrative Agent, and any payment made by Maker in accordance with such instructions shall be deemed properly made and shall constitute full satisfaction of Maker's obligations hereunder to the extent of such payment. Maker shall have no obligation to inquire into or verify the authority of the Administrative Agent or the propriety of any such instructions. The Administrative Agent shall have no duties or obligations except as expressly set forth herein.

Payments of principal and accrued interest shall be made in accordance with the Payment Schedule attached hereto as Exhibit A. The outstanding principal balance shall be fully amortized over a period of twenty-four (24) months from the Closing Date, with no remaining principal balance due at maturity. The final payment shall be due on the date set forth in the Payment Schedule, at which time all accrued and unpaid interest, if any, shall be due and payable.

In the absence of default by Maker under this Note, interest on the outstanding principal shall accrue at a simple interest rate of six percent (6%) per annum.

This Note may be prepaid in part or in whole at any time during the term hereof without premium or penalty. If any payment is received more than five (5) days of when due, a late charge equal to five percent (5%) of the amount of that payment will also immediately become due and payable, which charge is an administrative fee to cover Payee's expenses in processing such late charge.

This Note is secured by a Pledge and Security Agreement, of even date herewith, between Maker as debtor, and Payee, as secured party and certain collateral assignments, also of even date herewith, from Maker in favor of Payee (all of the foregoing agreements collectively hereinafter called the "Collateral Documents").

This Note is a purchase money promissory note.

**<u>EVENTS OF DEFAULT.</u>** The occurrence of any of the following shall constitute an Event of Default:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) failure to pay principal or interest when due;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) failure to perform any non-monetary obligation which continues for twenty (20) days after notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the filing of any bankruptcy or insolvency proceeding by or against Maker;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the appointment of a receiver or assignment for the benefit of creditors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the entry of a material judgment not vacated or bonded within thirty (30) days;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) default under any of the Collateral Documents;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) dissolution, merger, or reorganization of Maker.

Upon an Event of Default, the outstanding indebtedness may be accelerated and declared immediately due and payable.

**<u>Default Interest Rate</u>**. Upon a default under this Note, interest shall be payable at a simple interest rate of eighteen percent (18%) per annum, or the maximum allowed by law whichever is greater.

**<u>WAIVERS.</u>** Maker waives presentment, demand, notice of dishonor, and other notices. Maker agrees that Payees are not required to first pursue any other remedies prior to enforcement.

**<u>Expenses of Collection</u>**. The Maker hereby agrees to pay all reasonable out-of-pocket costs and expenses, including reasonable attorneys' fees whether suit be brought or not, incurred by the Payee in the collection of the indebtedness evidenced by this Note or in enforcing any of the rights, powers, remedies, and privileges of the Payee hereunder.

**<u>Miscellaneous Provisions</u>**.

The term "Payee" as used herein shall mean any holder of this Note.

Time is of the essence in this Note.

Maker shall timely pay all Florida documentary stamp taxes and intangible personal property taxes due in connection with this Note.

The captions of sections of this Note are for convenient reference only, and shall not affect the construction or interpretation of any of the terms and provisions set forth in this Note.

If any provision or portion of this Note is declared or found by a court of competent jurisdiction to be unenforceable or null and void, such provision or portion thereof shall be deemed stricken and severed from this Note, and the remaining provisions and portions thereof shall continue in full force and effect.

This Note and the Allonge to this Note may not be amended, extended, renewed or modified nor shall any waiver of any provision hereof be effective, except by an instrument in writing executed by the Payee or Payee's duly authorized representative. Any waiver of any provision hereof shall be effective only in the specific instance and for the specific purpose for which given.

Notwithstanding any other provision herein, in the event the aggregate interest rate charged under this Note, including all charges or fees in connection therewith deemed in the nature of interest, exceeds the maximum legal rate, then Payee shall have the right to make such adjustments as are necessary to reduce the aggregate interest rate to the maximum legal rate. The Maker waives any right to prior notice of such adjustment and further agrees that such adjustment may be made by the Payee subsequent to notification from the Maker that the aggregate interest charged exceeds the maximum legal rate.

**Order of Precedence.** In the event of any conflict, inconsistency, or ambiguity between the terms of this Promissory Note and the terms of any Allonge, exhibit (including, without limitation, Exhibit A), or any other document executed in connection herewith, the terms of this Promissory Note shall govern and control. All such ancillary documents shall be interpreted in a manner consistent with this Promissory Note to the extent reasonably possible.

This Note shall be governed and enforced under the laws of the State of Florida, without regard to principles of conflicts of laws, and exclusive venue for the enforcement hereof shall be in the Florida State Courts of competent jurisdiction and the federal courts, located in Miami-Dade County, Florida. Maker submits to the jurisdiction of said courts and hereby names the Florida Secretary of State as its agent for service of process in connection with enforcement of this Note.

EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO DEMAND THAT ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT OR THE RELATIONSHIPS OF THE PARTIES HERETO BE TRIED BY JURY. THIS WAIVER EXTENDS TO ANY AND ALL RIGHTS TO DEMAND A TRIAL BY JURY ARISING FROM ANY SOURCE INCLUDING, BUT NOT LIMITED TO, THE CONSTITUTION OF THE UNITED STATES OR ANY STATE THEREIN, COMMON LAW OR ANY APPLICABLE STATUTE OR REGULATIONS. EACH PARTY HERETO ACKNOWLEDGES THAT IT IS KNOWINGLY AND VOLUNTARILY WAIVING ITS RIGHT TO DEMAND TRIAL BY JURY.

**MAKER:**

Off The Hook YS, Inc., a Nevada publicly

traded corporation

By:   <br> Brian S. John, Chief Executive Officer

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**Off The Hook Yachts Completes Acquisition of Apex Marine Companies, Creating Mega Service, Refurbishment & Sales Hub for Global Customers**

**Wilmington, NC** – May 14, 2026 – <u>Off The Hook YS Inc.</u> (NYSE American: OTH) ("Off the Hook Yachts" or "Off the Hook" or "the Company"), a vertically integrated, AI-powered marine marketplace and one of the largest buyers and sellers of used boats in the United States, today announced that it has closed the acquisition of Apex Marine Companies ("APEX"), a premier South Florida marine service, storage, and sales operation.

The acquisition delivers strategically located South Florida facilities, a highly skilled full-service team, and infrastructure that immediately enhances Off the Hook's operational efficiency, refurbishment capacity, and global sales reach. APEX's facilities include prime storage and service locations, haul-out capacity up to 150 metric tons and vessels up to 130 feet, and comprehensive in-house teams covering repair, refit, and refurbishment. This allows Off the Hook to process the majority of acquired inventory internally.

"The integration of these capabilities is already generating millions of dollars in annual cost savings by reducing third-party service dependencies, lowering transportation costs, accelerating turnaround times, and delivering higher-quality refurbishments," said Brian John, CEO. "This centralized approach allows us to standardize refurbishment quality, reduce cycle times from acquisition to resale, and scale inventory without proportional overhead increases."

With the centralized campus now operational, Off the Hook has created a destination where buyers from around the world can access tens of millions of dollars in inventory at a single location near Fort Lauderdale and Miami — a major step toward transforming the used boat market. "This acquisition is fundamentally about operational dominance through infrastructure," said Jason Ruegg, Founder of Off the Hook Yachts. "Facilities like these are unique in South Florida. Bringing service, storage, and hauling in-house is a game changer for our efficiency, margins, and ability to scale."

**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 <u>Autograph Yacht Group, Azure Funding,</u> and proprietary lead-generation platforms. Headquartered in Wilmington, North Carolina, Off The Hook is rapidly expanding its national footprint and market share within the $57 billion U.S. marine industry.

**Contact**

Off The Hook YS Inc.

Chad Corbin, Chief Financial Officer

<u>chadcorbin@offthehookys.com</u>

Investor Relations

<u>ir@offthehookys.com</u>

**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.