{"url_path":"/sec/oth/8-k/2026-05-14/item-2-01","section_key":"item-2-01","section_title":"Item 2.01 Closing of Acquisition**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2067767/0001493152-26-022878-index.html","accession_number":"0001493152-26-022878","cik":"0002067767","ticker":"NXB","issuer_name":"NextBoat Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2067767/0001493152-26-022878-index.html","primary_entity_key":"0002067767","primary_entity_name":"OFF THE HOOK YS INC."},"word_count":122,"has_tables":true,"body_markdown":"**Item\n2.01. Closing of Acquisition**\n\n** **\n\nOn\nMay 13, 2026, Off The Hook YS Inc (the “Company”) completed the acquisition (the “Acquisition”) of Apex\nMarine, LLC., Apex Marine Sales, LLC. and Apex Marine Stuart, LLC. (collectively “Apex”). The Membership Interest Purchase\nAgreement (the “MIPA”) was originally signed on February 13, 2026. The closing occurred on May 13, 2026. The purchase price\nwas an aggregate of $5.966,667 which was paid by paying $1.2 million in cash, the issuance of shares having a value of\n$1,800,000 (679,012 shares at $2.70 per share) and the issuance of two promissory notes, one for $2,466,667 and\none for $500,000. The primary owner of the Membership Interests was Ismael Pereira. The Company had no prior relationship with Mr. Pereira."}