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NextBoat (NYSE American:NXB) reported integration milestones within 60 days of acquiring APEX Marine Companies. APEX’s entire boat inventory is now on the NextBoat platform, with most pre-owned vessels centralized in Miami to improve inventory management and sales visibility.
APEX’s sales team has sold 15 vessels since May 1, 2026, and additional sales are in progress. The service department stores eight boats and is expanding yard space by late June. NextBoat closed its Haulover location and has identified about $90,000 in monthly SG&A reductions, supporting its goal of greater efficiency and long-term shareholder value.
NextBoat (NYSE America:NXB) reports strong second-quarter growth at its Autograph yacht brokerage division, led by higher transaction volume and listings.
Autograph completed 31 yacht deals versus 22 in Q1, nearly doubled total transaction volume, surpassed its first-year $100 million target, and expanded listing inventory and broker headcount.
NextBoat (NYSE American:NXB), formerly Off The Hook YS (OTH), completed its corporate rebrand and began trading under ticker NXB on NYSE American.
The new identity supports a shift from traditional yacht brokerage to an AI-powered platform modernizing the fragmented pre-owned boat market across transactions, financing, logistics, and data.