Chad Corbin, Chief Financial Officer of NextBoat Inc., has resigned from his position, a move the company disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission. The resignation, effective as of October 5, 2026, raises questions about leadership continuity for the emerging growth company listed on the NYSE American under the ticker NXB.
According to the filing, Corbin notified Ross Tannenbaum, the Chief Executive Officer of NextBoat Inc., of his decision on October 5, 2026. The company stated that Corbin will remain in his role during a transition period until a successor CFO is identified. This interim arrangement is intended to ensure operational stability while the search for a new finance leader progresses.
NextBoat Inc., incorporated in Nevada, is headquartered at 1701 Jel Wade Dr in Wilmington, NC. The company, which holds Commission File Number 001-42930 and I.R.S. Employer Identification Number 33-2636992, designated Corbin's departure under Item 5.02 of the Form 8-K. This item covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
The filing explicitly notes that Corbin's resignation did not result from any disagreement with the company regarding its operations, policies, or practices. The document further states that Corbin is departing on good terms and has expressed his wishes for the company's continued success. The Form 8-K was signed by Ross Tannenbaum on October 9, 2026, authorizing the release of this information to investors.
As an emerging growth company, NextBoat Inc. has not elected to use the extended transition period for complying with new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. The company's common stock, with a par value of $0.001, trades on the NYSE American LLC exchange. No other changes to the company's board or officer structure were reported in this specific filing.