Off The Hook YS to Buy Apex Marine in Add-On

Off The Hook YS, Inc. entered into a membership interest purchase agreement dated February 13, 2026 to acquire 100% of the equity interests of Apex Marine, LLC and related Florida entities, including Apex Marine Sales, Apex Marine Stuart, and Apex Marine Sales Brokerage. The acquired business includes a marina and boat dealership operation with dealer and manufacturer relationships, inventory, equipment, intellectual property, contracts, and related systems and data.

Closing is targeted for 60 days after the effective date, subject to due diligence and audits. The agreement contemplates a seller note from Buyer to Sellers with an original principal amount of US $1,833,333.34, a three-year term, a fixed 6.00% annual interest rate, and quarterly principal and interest payments, secured by a pledge and security agreement.