NextBoat Inc.

Off the Hook YS Inc ( Off the Hook , or OTH ) is a holding company and the sole managing member of Off the Hook Yacht Sales NC, LLC ( OTHYS ), OTH Simon Marine YF, LLC (the Boat Center ), Azure Funding, LLC ( Azure ) and Autograph Yacht Group Inc. ( AYG ) which was established on January 3, 2025. Except as otherwise indicated or required by the context, all references in this Annual Report on Form 10-K to the Company , the Business , Off the Hook , we , us , or our relate to Off the Hook YS Inc. and its consolidated subsidiaries. Overview We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012 by Jason Ruegg, OTH has grown into one of the largest marine wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. Over the past decade, we believe OTH has become a nationally recognized leader in the marine industry, earning numerous accolades. The company has been named one of the 500 fastest-growing companies in the United States by Inc. 500 and is consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals. Today, OTH generates over $119 million in annual boat and yacht sales, operating across eight locations with a team of 70 sales representatives who transact on more than 400 vessels each year. The company’s success is built on a commitment to excellence, emphasizing the hiring of highly skilled professionals who embody integrity and a passion for the boating industry.