Welcome to our dedicated page for Nova Lifestyle SEC filings (Ticker: NVFY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The NVFY SEC filings page aggregates regulatory documents for Nova LifeStyle, Inc., a Nevada corporation that has amended its Articles of Incorporation to change its name to XMax Inc. These filings, drawn from the SEC’s EDGAR system, document key corporate actions, capital structure changes, governance updates, and financing arrangements that affect holders of NVFY shares.
Recent Form 8-K reports provide detailed information on material events. One filing describes shareholder approval of amendments to increase the number of authorized shares of common stock and to change the company’s name from “Nova LifeStyle, Inc.” to “XMax Inc.” Another 8-K outlines a Securities Purchase Agreement for a registered direct offering of common stock under an effective shelf registration statement on Form S-3, specifying the number of shares, purchase price, and aggregate gross proceeds.
Additional 8-K filings under both the Nova LifeStyle and XMax names explain subscription agreements entered into by indirectly wholly owned subsidiaries, such as Xmax Alpha Holdings Ltd. and Xmax Beta Holdings Ltd., to acquire majority interests in funds that invest in Space Exploration Technologies Corp. (SpaceX) and in a fund holding Series B preferred stock of X.AI Corp. These filings describe subscription amounts, ownership percentages, and the intended use of the invested capital by the underlying funds.
Another Form 8-K details a Convertible Promissory Note Purchase Agreement between XMax Inc. and an institutional purchaser, including the principal amount, interest rate, maturity, and the conversion price at which outstanding principal and interest may be converted into shares of common stock pursuant to Regulation S. Separate 8-Ks also report changes in board composition and executive roles, such as resignations and appointments of officers and directors, along with statements that certain resignations were not due to disagreements with the company.
Through these SEC filings, users can review how NVFY’s issuer has managed its authorized share capital, name change, equity offerings, fund investments, and debt financing instruments, as well as formal governance decisions recorded by the board and shareholders.
XMax Inc., through its Cayman subsidiary Xmax Beta Holdings Ltd., entered into a material Subscription Agreement with Preamble X Capital I on February 4, 2026. The Company subscribed an additional US$3,048,773.60, increasing its interest in Preamble X Capital I to approximately 99.9%, and completed this subscription the same day.
Preamble X Capital I had previously agreed on February 4, 2025 to subscribe 34,963 equity certificates in a dedicated SPV for US$3,048,773.60, with each certificate entitled to a share of Series B Preferred Stock of X.AI Holdings Corp.. Allocations Fund Administration, LLC serves as administrative manager of Preamble X Capital I, and the applicable management fee percentage for XMax’s subsidiary is stated as 0%.
XMax Inc. entered into a new loan agreement with Joycheer Trade Limited on January 28, 2026. Under this agreement, XMax will provide Joycheer with a $5.3 million loan as aggregate principal.
The loan carries a 6% annual interest rate and will mature one year after the loan funding date. The agreement includes customary representations, warranties, and events of default, and the full loan contract is attached as an exhibit to the report.
XMax Inc. reported changes to its Board of Directors. On January 5, 2026, the Board appointed Matthew Beck, age 41, as a new independent director under NASDAQ Rule 5605(a)(2). Beck has recent experience as Co-Founder and director of Endcap, a SaaS advisory firm, and has held sales and regional leadership roles at several software companies.
In a Director Agreement dated January 6, 2026, Beck is entitled to $1,880 in monthly compensation, plus expenses, and is subject to customary confidentiality and non-disclosure obligations. On January 8, 2026, director Charlie Huy La resigned from the Board and from his roles as Chairman of the Nominating and Corporate Governance Committee and member of the Compensation and Audit Committees, effective immediately. The company states that Mr. La’s resignation was not due to any disagreement with the company, its management, or its directors.
XMax Inc., through its indirectly wholly owned Cayman subsidiary Xmax Beta Holdings Ltd., entered into a material subscription agreement on December 2, 2025. The subsidiary acquired approximately 99.88% of Preamble X Capital I for a subscription amount of US$8,461,428.80, with an applicable management fee percentage of 0%.
On the same day, Preamble X Capital I subscribed for 40,106 equity certificates of a special purpose vehicle (SPV) for US$2,999,928.80. The SPV holds 502,236 equity certificates, each tied to a share of Series B Preferred Stock of X.AI Corp., which are directly held by a fund. On December 8, 2025, Preamble X Capital I also agreed to subscribe interests in a separate fund for US$5,400,000, to be used by that fund to purchase common stock of X.AI Corp.
XMax Inc., through its Cayman subsidiary Xmax Alpha Holdings Ltd., has taken an indirect stake in Space Exploration Technologies Corp. (SpaceX) via a fund investment. On
XMax Inc. reported that it has entered into a Convertible Promissory Note Purchase Agreement with Billiongold Holding Limited. Under this deal, XMax issued a $5,000,000 convertible promissory note that bears interest at 6% per year and matures 36 months after the purchase price is paid to the company.
The note allows the holder, at its option, to convert any outstanding principal and interest into XMax common stock at a fixed conversion price of $7.80 per share at any time until the balance is fully repaid. The security was sold under a Regulation S exemption, meaning it was offered outside the United States without SEC registration.
XMax Inc. reported a board leadership change. On November 18, 2025, the Board received a resignation letter from Ms. Thanh H. Lam, who stepped down as Chairperson of the Board effective immediately. The company states that Ms. Lam’s resignation is not due to any disagreement with the company, its management, or its other directors. Ms. Lam will continue to serve as Chief Executive Officer of Diamond Bar Outdoors Inc., a wholly owned subsidiary of XMax Inc., so she remains involved in the broader business through that role.
Nova LifeStyle, Inc. reported shareholder approval to amend its Articles of Incorporation, increasing authorized common stock from 250,000,000 shares to 5,000,000,000 shares. The amendment, approved by the Board on September 15, 2025 and by shareholders on October 31, 2025, became effective upon filing on November 3, 2025. The company also changed its corporate name to XMax Inc., effective immediately upon filing, and amended and restated its bylaws to reflect the new name.
At the special meeting, the share increase passed with 26,751,736 votes for, 196,649 against, and 2 abstentions. The name change passed with 26,927,223 for, 19,702 against, and 1,462 abstentions. A proposal granting discretionary authority to adjourn the meeting, if needed, also passed. The company’s common stock is listed on Nasdaq under the symbol NVFY.
Nova LifeStyle (NVFY) reported a new investment agreement. On October 15, 2025, its indirectly wholly owned subsidiary, Xmax Alpha Holdings Ltd., entered into and completed a Subscription Agreement to purchase a 99.82% interest in Preamble Capital I, A Series of CGF2021 LLC for $5,605,000. The applicable management fee percentage for the Company is 0%.
On October 16, 2025, that fund subscribed $5,600,000 into another fund that will use the proceeds to purchase common stock of Space Exploration Technologies Corp. (SpaceX). This establishes an indirect exposure to SpaceX through layered fund interests. Sydecar LLC serves as the fund administrator.
Nova LifeStyle (NVFY) expanded its Board of Directors from six to seven members and appointed Yizhou (Steven) Zhao to the Board, effective October 10, 2025. Zhao currently serves as the Company’s Chief Operating Officer and Corporate Secretary, roles he assumed on October 7, 2025. He also works as a Data Analysis Statistician at Diamond Bar Outdoors Inc., a wholly owned subsidiary, since June 2025.
The appointment fills the vacancy created by the Board’s size increase. The Company states Zhao was not selected pursuant to any arrangement or understanding with any person, has no family relationships with directors or executive officers, and is not a party to transactions requiring disclosure under Item 404(a). Zhao holds a B.S. in Statistics (minor in Economics) from Queen’s University and an M.A. in Statistics from Columbia University.