{"filing":{"accession_number":"0001493152-26-030328","cik":"0002067767","ticker":"OTH","company_name":"NextBoat Inc.","form":"8-K","filing_date":"2026-06-26","report_date":null,"primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226030328/form8-k.htm"},"events":[{"id":14340,"run_id":12765,"accession_number":"0001493152-26-030328","anchor_item_number":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"NextBoat Inc. entered into a Master Loan Agreement with RLLT Capital, LLC on June 22, 2026, creating a direct financial obligation. The Lender funded an initial loan of $2.0 million at 15.0% per annum interest, with additional fees (1% origination, 5% profit participation) and extension options. This is disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03 (Creation of a Direct Financial Obligation), clearly constituting a debt issuance. The related-party nature (involving President Jason Ruegg's personal guarantee and stock pledge) and the high interest rate underscore materiality to investors.","company_name":"NextBoat Inc.","ticker":"OTH","filing_date":"2026-06-26","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":11733,"accession_number":"0001493152-26-030328","item_number":null,"item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"NextBoat Inc. entered into a Master Loan Agreement with RLLT Capital, LLC on June 22, 2026, creating a direct financial obligation. The Lender funded an initial loan of $2.0 million at 15.0% per annum interest, with additional fees (1% origination, 5% profit participation) and extension options. This is disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03 (Creation of a Direct Financial Obligation), clearly constituting a debt issuance. The related-party nature (involving President Jason Ruegg's personal guarantee and stock pledge) and the high interest rate underscore materiality to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-26T21:03:39.648289+00:00","company_name":"NextBoat Inc.","ticker":"OTH","filing_date":"2026-06-26"}]}