Nova Lifestyle Inc. Announces A US$5.66 Million Investment in a Fund to Hold Interest in SpaceX Shares
Nova Lifestyle Inc. (NASDAQ: NVFY) has announced a strategic investment of $5.66 million to acquire a 99.815% interest in Preamble Capital, which will hold a 6.667% stake in a fund owning 353,772 SpaceX shares. The SpaceX holdings consist of 121,805 Class A and 231,967 Class C Common Stock shares.
The investment marks Nova's strategic shift toward technology and innovation-driven sectors, including AI-driven smart living solutions, while maintaining its core furniture and lifestyle business. CEO Xiaohua Lu emphasized that this diversification aims to enhance long-term shareholder value without replacing existing operations.
Nova Lifestyle continues to operate as a designer and distributor of modern lifestyle furniture under the Nova Brands and Diamond Sofa brands, serving middle and upper-middle-income consumers globally.
Nova Lifestyle Inc. (NASDAQ: NVFY) ha annunciato un investimento strategico di 5,66 milioni di dollari per acquisire una partecipazione del 99,815% in Preamble Capital, che deterrà una quota del 6,667% in un fondo che possiede 353.772 azioni SpaceX. Le partecipazioni SpaceX consistono di 121.805 azioni Class A e 231.967 azioni Class C ordinarie.
L'investimento segna il cambio di rotta strategico di Nova verso settori basati su tecnologia e innovazione, inclusi soluzioni di vita intelligente guidate dall'AI, pur mantenendo il core business di mobili e stile di vita. Il CEO Xiaohua Lu ha sottolineato che questa diversificazione mira ad aumentare il valore per gli azionisti nel lungo termine senza sostituire le operazioni esistenti.
Nova Lifestyle continua a operare come designer e distributore di mobili in stile moderno sotto i marchi Nova Brands e Diamond Sofa, servendo consumatori di reddito medio-alto a livello globale.
Nova Lifestyle Inc. (NASDAQ: NVFY) ha anunciado una inversión estratégica de 5,66 millones de dólares para adquirir una participación del 99,815% en Preamble Capital, que ejercerá una participación del 6,667% en un fondo que posee 353.772 acciones SpaceX. Las participaciones SpaceX consisten en 121.805 acciones Class A y 231.967 acciones Class C comunes.
La inversión marca el cambio estratégico de Nova hacia sectores tecnológicos e impulsoados por la innovación, incluyendo soluciones de vida inteligente impulsadas por IA, mientras se mantiene su negocio principal de muebles y estilo de vida. El CEO Xiaohua Lu destacó que esta diversificación busca mejorar el valor para los accionistas a largo plazo sin reemplazar las operaciones existentes.
Nova Lifestyle continúa operando como diseñadora y distribuidora de muebles de estilo moderno bajo las marcas Nova Brands y Diamond Sofa, atendiendo a consumidores de ingreso medio-alto a nivel mundial.
Nova Lifestyle Inc. (NASDAQ: NVFY)가 566만 달러의 전략적 투자를 발표하여 Preamble Capital의 99.815% 지분을 취득하고, 이 펀드는 353,772의 SpaceX 주식을 보유하는 펀드의 6.667% 지분을 보유하게 됩니다. SpaceX 지분은 클래스 A 121,805주와 클래스 C 일반주 231,967주로 구성됩니다.
투자는 Nova의 기술 및 혁신 주도 부문으로의 전략적 전환을 나타내며, AI 기반의 스마트 living 솔루션을 포함하고 기존의 가구 및 라이프스타일 사업은 유지합니다. CEO 샤오화 루(Xiaohua Lu)는 이 다각화가 기존 운영을 대체하지 않으면서 장기적인 주주 가치 향상을 목표로 한다고 강조했습니다.
Nova Lifestyle은 Nova Brands 및 Diamond Sofa 브랜드 아래에서 모던 라이프스타일 가구의 디자이너이자 유통업체로서 전 세계 중상위 소득 소비자들에게 서비스를 계속합니다.
Nova Lifestyle Inc. (NASDAQ: NVFY) a annoncé un investissement stratégique de 5,66 millions de dollars pour acquérir une participation de 99,815% dans Preamble Capital, qui détiendra une participation de 6,667% dans un fonds possédant 353 772 actions SpaceX. Les avoirs SpaceX se composent de 121 805 actions de classe A et de 231 967 actions ordinaires de classe C.
Cet investissement marque la transition stratégique de Nova vers des secteurs axés sur la technologie et l'innovation, notamment des solutions de vie intelligente alimentées par l'IA, tout en conservant son cœur de métier dans les meubles et le lifestyle. Le PDG Xiaohua Lu a souligné que cette diversification vise à augmenter la valeur pour les actionnaires à long terme sans remplacer les opérations existantes.
Nova Lifestyle continue d'opérer en tant que concepteur et distributeur de meubles de style moderne sous les marques Nova Brands et Diamond Sofa, desservant des consommateurs à revenu moyen-supérieur dans le monde entier.
Nova Lifestyle Inc. (NASDAQ: NVFY) hat eine strategische Investition in Höhe von 5,66 Millionen USD angekündigt, um eine Beteiligung von 99,815% an Preamble Capital zu erwerben, die eine 6,667%-Beteiligung an einem Fonds halten wird, der 353.772 SpaceX-Aktien besitzt. Die SpaceX-Anlagen bestehen aus 121.805 Class A- und 231.967 Class C Common Stock-Aktien.
Die Investition markiert eine strategische Verschiebung von Nova hin zu technologie- und innovationsgetriebenen Sektoren, einschließlich KI-gesteuerter Smart-Living-Lösungen, während das Kerngeschäft Möbel und Lifestyle beibehalten wird. CEO Xiaohua Lu betonte, dass diese Diversifizierung darauf abzielt, den langfristigen Aktionärswert zu erhöhen, ohne den laufenden Betrieb zu ersetzen.
Nova Lifestyle bleibt als Designer und Distributor moderner Lifestyle-M Möbel unter den Marken Nova Brands und Diamond Sofa tätig und bedient weltweit Verbraucher mit mittlerem bis hohem Einkommen.
Nova Lifestyle Inc. (NASDAQ: NVFY) أعلنت عن استثمار استراتيجي قدره 5.66 مليون دولار لشراء حصة 99.815% في Preamble Capital، التي ستمتلك حصة قدرها 6.667% في صندوق يملك 353,772 سهمًا من SpaceX. وتتكون مقتنيات SpaceX من 121,805 سهم Class A و 231,967 سهم Class C Common.
يسجل الاستثمار تحوّل Nova الاستراتيجي نحو القطاعات المعتمدة على التكنولوجيا والابتكار، بما في ذلك حلول المعيشة الذكية المعتمدة على الذكاء الاصطناعي، مع الحفاظ على أعمالها الأساسية في الأثاث ونمط الحياة. وأكدت المديرة التنفيذية شيائوهوا لو أن هذا التنويع يهدف إلى تعزيز قيمة المساهمين على المدى الطويل دون استبدال العمليات القائمة.
وتستمر Nova Lifestyle في العمل كمصمم وموزع للأثاث العصري تحت علامتي Nova Brands و Diamond Sofa، مع خدمة المستهلكين من طبقة الدخل المتوسط إلى الأعلى على مستوى العالم.
Nova Lifestyle Inc.（纳斯达克股票代码：NVFY）宣布了一项战略投资，金额为566万美元，以收购Preamble Capital的99.815%股权，该基金将持有一个基金的6.667%份额，基金持有353,772股SpaceX股票。SpaceX持股包括121,805股A类和231,967股C类普通股。
此次投资标志着Nova在技术与创新驱动领域的战略转型，涵盖由人工智能驱动的智能生活解决方案，同时保持其核心的家具与生活方式业务。CEO卢夏花强调，这种多元化旨在在不取代现有运营的前提下提升长期股东价值。
Nova Lifestyle继续以Nova Brands与Diamond Sofa品牌设计并分销现代生活方式家具，面向全球中高收入消费者。
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Insights
Nova Lifestyle's $5.66M investment in SpaceX represents a significant strategic shift for the furniture company, diversifying into high-growth tech.
Nova Lifestyle, primarily a furniture manufacturer and distributor, has made a
The complex ownership structure is notable - Nova isn't directly purchasing SpaceX shares but instead buying into a fund-of-funds arrangement. This multi-layered approach typically involves higher fees and reduced control compared to direct investment, but likely represents the only available avenue for a company like Nova to gain exposure to privately-held SpaceX.
For context, Nova Lifestyle's market capitalization has historically been relatively small compared to this
This investment signals a substantial strategic pivot for a traditional furniture company. While management emphasizes they aren't abandoning their core business, allocating significant capital to an unrelated industry like space technology represents a major diversification that fundamentally alters Nova's business profile and risk exposure. Investors should recognize this investment transforms Nova partially into a holding company with exposure to the high-risk, high-reward private space industry.
LOS ANGELES, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Nova Lifestyle, Inc. ("Nova" or the "Company") (NASDAQ: NVFY), today announced that the Company has invested approximately US
The investment in SpaceX represents a significant step in Nova's strategic transformation toward technology and innovation-driven sectors, including AI-driven smart living solutions.
Mr. Xiaohua Lu, Chief Executive Officer of Nova Lifestyle, stated, "This opportunity to invest in SpaceX enables us to diversify our business and holdings, all of which we believe will contribute to long-term shareholder value. Although we are not changing our core business, we are exploring investment opportunities, all of which are intended to complement—not replace—our existing operations. We remain committed to our core business in the furniture and lifestyle sector while expanding the opportunities for investment in technologies and assets."
About Nova Lifestyle
Nova Lifestyle, Inc. is a well-established, innovative designer and distributor of modern lifestyle furniture; primarily sofas, dining room furniture, cabinets, office furniture, and related components, bedroom furniture, and various accessories, in matching collections. Nova LifeStyle's product lines include the Nova Brands and Diamond Sofa (www.diamondsofa.com). Nova's products feature urban contemporary styles that integrate comfort and functionality, incorporating upscale luxury designs that appeal to middle and upper-middle-income consumers in the USA, China, Southeast Asia, and elsewhere in the world.
Visit Nova LifeStyle's website at www.NovaLifeStyle.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, among others, our ability to fully resume our operations and remain financially healthy, and our expected future growth prospects. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as "anticipate," "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "predict," "should," "will," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target," "trajectory," "focus," "work to," "attempt," "pursue," or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, and expected future developments, as well as other factors we believe are appropriate in the circumstances.
Investor Relations Contact
Andrew Barwicki
516-662-9461
andrew@barwicki.com
ir@novalifestyle.com
