OFF THE HOOK YS INC. 8-K
Research Summary
AI-generated summary
Off The Hook YS Inc. Announces Webinar on APEX Acquisition Adding $30M Revenue
What Happened
- On February 23, 2026, Off The Hook YS Inc. filed an Item 7.01 Regulation FD disclosure and issued a press release announcing an investor webinar to discuss its planned APEX acquisition. The company says the APEX deal is expected to add approximately $30 million in revenue and deliver about $3 million in annual cost savings. The press release is included as Exhibit 99.1 to the 8-K.
Key Details
- Filing date: February 23, 2026 (8-K Item 7.01, Regulation FD disclosure).
- Acquisition impact (company guidance): ~ $30 million in added revenue.
- Expected annual cost savings from the APEX acquisition: ~ $3 million.
- Press release attached as Exhibit 99.1 in the filing.
Why It Matters
- The company’s disclosed revenue and cost-savings estimates provide investors with a concrete view of the potential financial scale of the APEX acquisition. Added revenue of $30M and $3M in recurring cost savings could materially affect future revenue and margins if realized. The webinar offers an opportunity for investors to hear management’s rationale and details directly and ask questions about timing, integration plans, and expected financial impacts.