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  • Controlled Company (new) — The company will be a controlled company, allowing it to opt out of certain corporate governance requirements that protect shareholders.
NYSE: NXB NextBoat Inc. 424B4

NextBoat Inc. prices $15M IPO at $4.00/share; founder retains 58.5% voting control

Filed November 14, 2025 · ~1 min read

Key Changes

  • high

    NextBoat Inc. is offering 3,750,000 shares at $4.00 per share, raising $15 million in gross proceeds for the company.

    The Offering verify on EDGAR →
  • high

    Founder Jason Ruegg will hold 58.5% of shares and voting power after the offering, making NextBoat a controlled company.

    The Offering verify on EDGAR →
  • medium

    The Use of Proceeds section is empty, so the company has not disclosed how it will spend the $15 million raised.

    Use of Proceeds verify on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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View original filing on SEC.gov

Figures/quotes linked to EDGAR · Narrative written by AI · Sep 2, 2026 · How we verify