Off The Hook YS to rebrand as NextBoat

Off The Hook YS (OTH) announced that it will officially rebrand as NextBoat (NXB) Inc. and change its ticker symbol from “OTH” to “NXB” on the NYSE American, effective on or about May 29, 2026. The rebrand reflects the Company’s evolution from a traditional yacht brokerage business into an AI-powered technology platform designed to modernize and scale the global pre-owned marine marketplace. While Off The Hook Yachts was the foundation of the Company, management believes the name no longer reflects the scale, technology, or long-term vision of the business. “Off The Hook Yachts was where we started, but NextBoat represents where we are going,” said Brian John, CEO. “We are building a technology platform that empowers brokers, dealers, resellers, and marine entrepreneurs to buy and sell boats more efficiently through artificial intelligence, automation, and data-driven infrastructure.” Importantly, Off The Hook Yachts will continue operating as a core division under NextBoat, focused primarily on B2B dealer transactions and inventory liquidation, allowing dealers to wholesale trade-ins and aged inventory through the platform.