Off The Hook YS to Acquire Apex Marine Assets

Off The Hook YS Inc. ( (OTH) ) just unveiled an update.

On February 13, 2026, Off The Hook YS Inc. agreed to acquire all equity interests of Apex Marine’s South Florida marine dealership, service, storage, and brokerage businesses for $5.5 million, paid in cash, stock, and a three-year seller note. The deal, subject to due diligence and customary conditions, is expected to close within about 60 days and will add four operating facilities with significant haul-out, storage, and full-service refurbishment capabilities.

Announced publicly on February 20, 2026, the planned acquisition of APEX is intended to create a centralized South Florida mega hub that supports Off The Hook’s rapidly expanding inventory pipeline and international buyer base. Management expects the integration of APEX’s infrastructure and team to cut third-party service and transportation costs, shorten refurbishment and resale cycles, boost margins, and strengthen the company’s competitive position as a leading destination for used boat sales and service.

The most recent analyst rating on (OTH) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Off The Hook YS Inc. stock, see the OTH Stock Forecast page.

Spark’s Take on OTH Stock

According to Spark, TipRanks’ AI Analyst, OTH is a Neutral.

The score is held down primarily by weak financial quality—high leverage, a very thin equity base, and persistently negative (and worsening) operating/free cash flow despite revenue growth. Technicals are neutral-to-mildly supportive, and corporate updates are positive (partnerships, financing expansion, buyback), but they do not offset the near-term balance-sheet and cash-flow risk.

To see Spark’s full report on OTH stock, click here.

More about Off The Hook YS Inc.

Off The Hook YS Inc., doing business as Off The Hook Yachts, is a vertically integrated, AI-powered marine marketplace focused on transforming how boats are bought, sold, and financed in the U.S. Founded in 2012 and listed on the NYSE American as OTH, it operates the nation’s largest pre-owned boat platform, spanning brokerage, wholesale trading, auctions, financing, and marine services.

The company leverages proprietary technology, extensive transaction data, and a national acquisition network to accelerate inventory turnover and enhance transparency. Its integrated ecosystem includes Autograph Yacht Group, Azure Funding, and in-house lead-generation platforms, positioning Off The Hook as a scaled, data-driven player in the marine retail and services market.

Average Trading Volume: 77,583

For an in-depth examination of OTH stock, go to TipRanks’ Overview page.