Core Insights - Off The Hook YS Inc. is launching NextBoat AI, an AI-driven platform aimed at enhancing the boat buying and selling process, at the Palm Beach International Boat Show from March 25–29, 2026 [1][5] Company Overview - Off The Hook YS Inc. is a vertically integrated, AI-powered marine marketplace and the largest buyer and seller of used boats in the U.S. [1][9] - The company was founded in 2012 and is headquartered in Wilmington, North Carolina, focusing on transforming how boats are bought, sold, and financed across the United States [8][9] Product Launch - NextBoat AI was developed as an internal tool and has been refined over two years, utilizing extensive proprietary market data to assist consumers in finding their ideal boats more efficiently [2][4] - The platform addresses inefficiencies in the marine industry, such as fragmented inventory discovery and prolonged transaction cycles [3] Technology and Functionality - Consumers can input details about their current vessel and desired purchase, and NextBoat AI will analyze proprietary data to generate real-time matches tailored to user preferences [4] - The platform continuously refines its matches as new opportunities arise, enhancing the buying experience [4] Industry Impact - The introduction of NextBoat AI is expected to enhance liquidity in the marine marketplace by aligning buyer intent with both visible and non-visible supply, thus connecting buyers and sellers more effectively than traditional brokerage models [4] Event Details - Attendees at the Palm Beach International Boat Show can experience NextBoat AI through interactive displays and demonstrations [5][6] - A giveaway of a brand-new Sea-Doo Spark 2-Seater will be held for visitors who engage with the platform at the show [7]

Core Viewpoint - Off The Hook YS Inc. has acquired a strategic waterfront property on the Chesapeake Bay to enhance its operational capabilities and reduce costs associated with third-party storage, positioning the company for long-term growth in the marine marketplace [1][2][6]. Group 1: Acquisition Details - The new facility located in Piney Narrows, Kent Island, Maryland, will serve as Off The Hook's Mid-Atlantic operational hub, providing direct water access and high visibility [2][3]. - The property has the capacity to store up to 150 boats, significantly reducing the company's reliance on third-party storage, which previously cost approximately $500 per boat per month [2][3]. - The acquisition is expected to improve efficiency in inventory management, allowing for faster preparation and resale of pre-owned boats [3][6]. Group 2: Strategic Advantages - The facility offers integrated infrastructure for vessel launch, retrieval, and servicing, including proximity to a public boat ramp and haul-out facilities, enhancing operational efficiency [3][4]. - Off The Hook plans to employ 15-20 yacht brokers at the new site to manage inventory and facilitate transactions, further supporting its logistics and brokerage operations [5][6]. - The acquisition is anticipated to drive a meaningful increase in annual transaction volume and realize additional cost savings through expanded facility ownership and operational efficiencies [6]. Group 3: Company Overview - Off The Hook YS Inc. is a vertically integrated, AI-powered marine marketplace founded in 2012, focused on transforming the buying, selling, and financing of boats across the U.S. [7][8]. - The company leverages proprietary technology and a national acquisition network to enhance speed, transparency, and inventory velocity in the marine industry, which is valued at $57 billion [8].

Core Insights - Off The Hook Yachts Inc. is highlighting the reinstatement of 100% bonus depreciation for qualifying business assets, including boats and yachts, through January 19, 2026, due to the "One Big Beautiful Bill Act" signed into law in July 2025 [1][2] Group 1: Tax Incentives - The 100% bonus depreciation allows eligible buyers to deduct the entire purchase price of a qualifying vessel in the first year it is placed into service, provided it is used more than 50% for legitimate business purposes [2] - This tax incentive is expected to create a historic window of affordability for boat buyers during 2025-2026, combined with aggressive year-end pricing and a large inventory [2] Group 2: Company Positioning - Off The Hook Yachts is positioned as the national leader in pre-owned boat inventory, offering a broad selection of all-brand boats, making it easier for customers to find qualifying vessels at exceptional values [3] - The company has a strong operational presence along the East Coast and South Florida, acquiring over $100 million in boats and yachts annually [5] Group 3: Services Offered - Off The Hook Yachts utilizes AI-assisted valuation tools and a data-driven sales platform to enhance the speed and transparency of yacht transactions [5] - The company provides various services, including brokerage, financing through Azure Funding Division, maintenance and repair services, and asset recovery through Marine Asset Recovery [5]