Entry into a Material Definitive Agreement · Regulation FD Disclosure
Item 1.01. Entry into a Material Definitive Agreement. On June 25, 2026, NextBoat Inc. (the “Company”), entered into a Strategic Partnership and Revenue Sharing Agreement (the “Partnership Agreement”) with MarineMax, Inc. (“MarineMax”).…
We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012, we have grown into a go-to wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. We have been named one of the 500 fastest-growing companies in the United States by Inc. 500 for two consecutive years and are consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals. Today, NXB generates over $120 million in annual boat and yacht sales, operating across eight locations with a team of 100 sales representatives who transact on more than 400 vessels each year. Our success is built on a commitment to excellence, emphasizing the hiring of highly skilled professionals who embody integrity and a passion for the boating industry. By prioritizing relationship-building and ensuring client satisfaction, NXB believes that we have established ourselves as the go-to wholesaler in the industry.
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Item 1.01Item 1.01 - Entry into Material Agreement
Item
1.01. Entry into a Material Definitive Agreement.
On
June 25, 2026, NextBoat Inc. (the “Company”), entered into a Strategic Partnership and Revenue Sharing Agreement (the “Partnership
Agreement”) with MarineMax, Inc. (“MarineMax”). Pursuant to the Partnership Agreement, the parties agreed to collaborate
on pre-owned vessel transactions, financing, insurance and related services, including through the use of the Company’s proprietary
NextBoat AI Platform.
As
additional consideration, the Company agreed to issue to MarineMax warrants to purchase up to 1,250,000 shares of common stock of the
Company, at exercise prices ranging from $3.25 to $7.00 per share, subject to vesting terms set forth in the Partnership Agreement. The
Partnership Agreement has an initial term of five years and may be terminated by either party upon 90 days’ prior written notice.
The
foregoing description of the Partnership Agreement does not purport to be complete and is qualified in its entirety by reference to the
full text of the Partnership Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated
herein by reference.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item
7.01. Regulation FD Disclosure.
On
July 1, 2026, the Company issued a press release announcing the strategic partnership with MarineMax. A copy of the press release is
attached hereto as Exhibit 99.1.
The
information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section,
or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in any such filing.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htm
EX-99.1
3
ex99-1.htm
EX-99.1
Exhibit
99.1
NextBoat
Launches National AI Platform Rollout Through Strategic Partnership with MarineMax, the World’s Largest Recreational Boat and Yacht
Retailer
Agreement
establishes NextBoat as MarineMax’s preferred wholesale and trade-in partner, with pre-owned inventory flowing through the NextBoat
AI platform to its nationwide network of wholesale buyers
Wilmington,
NC - ACCESS Newswire - July 1, 2026 - NextBoat Inc. (NYSE American: NXB) (“NextBoat” or the
“Company”), the AI-powered marine technology company transforming how pre-owned boats are valued, bought, sold and financed,
today announced a landmark strategic partnership with MarineMax, Inc. (NYSE: HZO) (“MarineMax”), the world’s
largest recreational boat and yacht retailer.
Under
the agreement, MarineMax becomes the first enterprise dealer group to adopt the NextBoat AI platform as its preferred wholesale partner,
routing a significant and growing share of the trade-in and pre-owned inventory it liquidates through the platform - where that inventory
is evaluated, marketed, and sold into NextBoat’s nationwide network of wholesale buyers. As one of the highest-volume sellers
of pre-ow…