NextBoat Inc.
Close on Oct 19, 2026
- Market cap
- $45.62M
- P/E (TTM)
- –
- Dividend yield
- –
About NextBoat
Ship & Boat Building & Repairing, SIC 3730
Off the Hook YS Inc. is a marine dealership and wholesaler that specializes in buying, selling, and wholesaling pre-owned and new yachts and boats, such as sportfish vessels, center consoles, and motor yachts. In addition to vessel transactions, the company operates dedicated business segments providing recreational marine financing solutions, comprehensive vessel servicing and maintenance, boat liquidation cash offers, and marine asset recovery and repossession for financial institutions. Its primary customers include individual recreational boat buyers, sellers, lenders, and industry partners including dealerships and brokerages.
The company operates across eight physical locations in the United States, supported by a network of seventy sales representatives handling more than four hundred vessel transactions annually. It maintains authorized dealer territories covering North Carolina and extending from Miami to Islamorada, Florida. The company's principal executive offices and headquarters are located in Wilmington, North Carolina.
Summary of the business section of NextBoat's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NextBoat Inc.
- Founded
- 2012
- Headquarters
- Wilmington, NC
- Address
- 1701 Jel Wade Dr 28401
- Phone
- (910) 772-9277
- Website
- webuyboats.com
- Employees
- 40, Dec 31, 2025
- Industry
- Ship & Boat Building & Repairing
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- M&K CPAS, PLLC, The Woodlands, TX
Stock & identifiers
- Ticker
- NXB
- Exchange
- NYSE
- IPO date
- Nov 14, 2025
- Shares outstanding
- 25M, Aug 13, 2026
- Filer category
- <br>Emerging growth company
- SEC CIK
- 2067767
- CUSIP
- 676206105
- ISIN
- US6762061058
- EIN
- 33-2636992
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jason Daniel Ruegg | President and Chairman, Director | 13,249,750 |
| Brian John | CEO and Director | 6,168,350 |
| Andrew James Simmons | Vice President and Director | 1,225,873 |
| Chad Gregory Corbin | Chief Financial Officer | 50,000 |
| Blake Randall Phillips | Chief Operating Officer | – |
| Zebulon Zachary Hadley | Director | 40,000 |
| Robert Rosario Gonnelli | Director | 162,000 |
| Thomas James Segrave Jr. | Director | – |
| Michael W. Kosloske | Director | – |
| George Louis Jousma JR | Director | – |
| Mary Elizabeth Reynolds | Director | – |
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 19, 2026 | Name change | Name changed from OFF THE HOOK YS INC. to NextBoat Inc. |
| May 14, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 14, 2025 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 31, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |