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Stock impact report

Off The Hook YS Inc. Announces Closing of Initial Public Offering

Off The Hook YS Inc. (OTH) 
Company Research Source: GlobeNewswire
North Carolina, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (“Off The Hook” and the “Company”) (NYSE American: OTH), a premier yacht and boat wholesaler specializing in the buying and selling of yachts and boats, today announced the closing of its initial public offering of 3,750,000 shares of its common stock at a public offering price of $4.00 per share, for gross proceeds of $15,000,000, before deducting underwriting discounts and offering expenses. In addition, Off The Hook has granted the underwriters a 45-day option to purchase up to an additional 562,500 shares of common stock to cover over-allotments at the initial public offering price, less the underwriting discount. The Company intends to use the proceeds to service its floorplan, to advertise and market its inventory, to repay a promissory note and for working capital. ThinkEquity acted as sole book-running manager for the offering. A registration statement on Form S-1 (File No. 333-288551) relating to the Show less Read more
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