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NXB News
NXB Events
ThinkEquity to Manage Issuance of 3.4M Shares by Company
3.4M shares to be issued and sold by the company and 600,000 shares to be offered by existing selling stockholders. ThinkEquity is acting as manager.
NextBoat Reports Record Sales in Q2, Approaching Profitability
NextBoat provided a business update highlighting record closings and quarterly sales during the second quarter of 2026, continued expansion of its marketplace, and significant progress toward profitability, alongside continued investment in the platform and automation. "The first quarter of 2026, our first full quarter as a public company, included public-company transition costs, resulting in a loss for the quarter," said Jason Ruegg, Founder and Executive Chairman. "Based on preliminary results, we expect to be at or near profitability for the second quarter, which we believe reflects the resilience of our operating platform and our disciplined growth and execution." Second Quarter Highlights: Achieved a record number of transaction closings during the quarter; Partnered with MarineMax; Tripled the Company's transaction closing team; Grew transaction volume approximately 120% year-over-year; Successfully completed the first full quarter of ownership of APEX; Launched the Company's new automated Broker Hiring Portal; NextBoat has grown its organization by approximately 42% year-over-year
MarineMax Announces Strategic Partnership with NextBoat
MarineMax (HZO) announced a strategic partnership with NextBoat (NXB) through which MarineMax expects to broaden the distribution opportunities for its Newcoast Financial Services subsidiary by engaging with a larger network of boat buyers and transactions across the pre-owned marine marketplace. NextBoat's platform connects buyers, sellers and wholesale participants through AI-enabled valuation, marketing and transaction tools designed to improve marketplace efficiency. The relationship is expected to create an additional avenue for Newcoast to provide financing, insurance and related F&I products while expanding MarineMax's participation in an even larger network of pre-owned marine transactions and marketplace participants.
NextBoat Inc. Announces Strategic Partnership with MarineMax
NextBoat Inc. (NXB) announced a strategic partnership with MarineMax (HZO). 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-owned boats in the industry - with over $2.3B in annual revenue across 120 locations worldwide - MarineMax is expected to drive increased volume across the NextBoat AI platform, which the Company believes will accelerate the growth of its marketplace, data, and financing businesses. The Company believes this relationship represents a defining milestone in its strategy to become the leading technology infrastructure for the marine industry's pre-owned marketplace.
NextBoat Completes $45 Million Superyacht Sale
NextBoat announced that its Autograph Yacht Group division has completed the sale of a 2009 Abeking & Rasmussen 60-meter superyacht, last asking $45,000,000 - the largest brokerage transaction in the Company's history. Burgess represented the seller; Gary Hardcastle of Autograph Yacht Group represented the buyer.
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