Off The Hook Yachts Boosts Inventory Financing Floorplan to $60 Million to Drive Unprecedented Growth in 2026 [Yahoo! Finance]
Off The Hook YS Inc. (OTH)
Company Research
Source: Yahoo! Finance
Wilmington, NC, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (NYSE American: OTH) (“Off the Hook Yachts” or “Off the Hook” or “the Company”), America's largest buyer and seller of pre-owned boats, today announced it has expanded its inventory financing capacity to $60 million, more than doubling its floorplan financing from $25 million prior to its IPO. The expanded facility strengthens Off the Hook's ability to acquire and carry more high-quality used boat inventory to meet accelerating customer demand and support the Company's growth strategy in 2026. “Becoming a publicly traded company was a strategic step toward building a stronger balance sheet and expanding our access to capital,” said Brian John, CEO of Off the Hook. “A larger floorplan gives us more than double the buying power we had prior to the IPO, so we can acquire more of the right used boats, faster while maintaining the flexibility to scale inventory and drive growth as we move into 2026.” With greater f
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News
- Off The Hook Yachts Boosts Inventory Financing Floorplan to $60 Million to Drive Unprecedented Growth in 2026GlobeNewswire
- Off The Hook Yachts to Ring the Closing Bell at the New York Stock Exchange on the Eve of America’s Oldest Boat ShowGlobeNewswire
- Off The Hook Yachts Launches Nationwide Dealer Incentive Program Through Strategic Partnership with flyExclusiveGlobeNewswire
- Off The Hook Yachts announces $1M share buyback plan [Seeking Alpha]Seeking Alpha
- Off The Hook Yachts Announces Share Buyback PlanGlobeNewswire
OTH
Analyst Actions
- 1/20/26 - THINKEQUITY
OTH
Sec Filings
- 1/20/26 - Form 8-K
- 1/16/26 - Form 8-K
- 1/15/26 - Form 8-K
- OTH's page on the SEC website