The Donerail Group Confirms Submission of Non-Binding Acquisition Proposal to Acquire All Outstanding Shares of MarineMax for $35.00 per Share

Core Viewpoint - The Donerail Group has submitted a non-binding proposal to acquire 100% of MarineMax, Inc. for $35.00 per share, representing a total transaction value of approximately $1.1 billion and a 38% premium over MarineMax's 60-day volume-weighted average price of $25.45 [1]. Group 1: Acquisition Proposal - The proposal offers immediate and certain value to MarineMax shareholders at a significant premium [1]. - Donerail is one of the largest shareholders of MarineMax, owning over 4% of the outstanding shares [1]. - The acquisition is supported by equity and debt financing commitments from leading global alternative investment firms, contingent upon confirmatory due diligence [1]. Group 2: Transaction Conditions - Any transaction is subject to satisfactory due diligence, negotiation, execution of definitive documentation, and approval by Donerail's investment committee [2]. - The proposal remains non-binding, and there is no assurance that a transaction will occur [2]. Group 3: Advisory Support - Jefferies LLC is serving as the financial advisor for Donerail, while Olshan Frome Wolosky LLP is providing legal counsel [3]. Group 4: About Donerail - The Donerail Group, founded in 2018, focuses on strategic, value-add investments and advisory services, aiming to unlock shareholder value through hands-on engagement and creative capital solutions [4].