NextBoat majority holder ratifies 185,120-share issuance to service providers
NXB•Board ratifies prior equity issuances
Nextboat’s board ratified prior equity compensation issuances made to service providers without required NYSE American shareholder approval.
Written consent from majority holder Jason Ruegg, controlling 13,239,750 shares or 52.6% voting power, backed the ratification.
The action covers 185,120 common shares issued from February through May 2026, including 150,120 shares to Greentree Financial Group.
Ratification takes effect about September 22, 2026, 20 days after the information statement is first mailed around September 2.
