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. is asking shareholders to vote at its 2026 Annual Meeting on June 5, 2026 at its Commerce, California headquarters. Proposals include electing six directors for one-year terms, ratifying Enrome LLP as auditor, approving executive pay in an advisory say‑on‑pay vote, and choosing how often future say‑on‑pay votes occur (the Board recommends one year).
Shareholders of record on April 8, 2026, when 47,206,227 common shares were outstanding, may vote by internet, phone, mail, or in person. The proxy statement outlines a six‑member board with four independent directors, committee structures, modest cash compensation for executives and non‑employee directors, existing equity plans, and several related‑party arrangements, including a showroom lease, commission agreement, and shareholder loans used for working capital.
XMax Inc. entered into Securities Purchase Agreements with twenty-two non-U.S. investors for a private placement of its common stock. The company agreed to sell 462,500 shares of common stock at $6.705 per share, for an aggregate purchase price of $3,101,062.50.
The transaction is structured as a Regulation S private placement under the Securities Act, meaning the shares are being sold to non-U.S. persons without SEC registration. The form of the Securities Purchase Agreements is filed as an exhibit, and the unregistered equity issuance is also disclosed under the unregistered sales of equity securities item.
XMAX Inc., formerly Nova LifeStyle, filed its annual report describing a furniture business and a new strategic push into artificial intelligence. The company designs and distributes contemporary residential and commercial furniture under brands such as Diamond Sofa, selling mainly through wholesalers, retailers and online channels.
In March 2026, the board approved expansion into AI software and hardware, cloud and GPU compute infrastructure, AI model orchestration and enterprise AI agents, while continuing the core furniture line. A new subsidiary, XMax AI Inc., hired Cloud Alliance Inc. to deploy an AI inference platform on AWS for a fixed $400,000 fee.
As of June 30, 2025, non‑affiliate common stock had an aggregate market value of about $13.34 million, and as of April 10, 2026 there were 47,206,227 common shares outstanding. XMAX employed 22 full‑time staff in the U.S. and highlights extensive risk factors, including economic cycles, tariffs on imported furniture, reliance on foreign suppliers, execution and regulatory risks around its AI initiatives, and potential impacts from evolving U.S.–China audit and trade rules.
XMax Inc., through its wholly owned subsidiary XMax AI Inc., entered into an AI Inference Platform Deployment and Service Agreement with Cloud Alliance Inc. to build a cloud-based AI inference platform on Amazon Web Services.
The fixed service fee is US$400,000, with a non-refundable mobilization payment of US$200,000 due within three business days after signing and the remaining US$200,000 payable within three business days after the Company formally accepts the platform. The deployment is expected to complete in about 30 days and is intended to support scalable AI applications, multi-model integration, user authentication, integrated payments, usage-based billing, and workflow management. XMax describes this as a foundational step in shifting from a traditional product-focused business toward a software-centric, platform-based AI strategy.
XMax Inc. entered into a Securities Purchase Agreement with StratoCore Solutions Ltd. to complete a private placement of 1,958,000 common shares at $3.575 per share, for an aggregate price of $6,999,850. The transaction is being conducted as an unregistered offering under Regulation S.
XMax Inc.
XMax Inc. entered a Securities Purchase Agreement to sell 8,500,000 shares of common stock in a registered direct offering at $4.23 per share, for gross proceeds of $35,955,000 before expenses. The shares will be issued under an already effective shelf registration statement on Form S-3.
XMax Inc. is offering 8,500,000 shares of its common stock at $4.23 per share in a registered primary offering, representing aggregate gross proceeds of $35,955,000. Delivery is anticipated on or about March 16, 2026, subject to customary closing conditions. The company expects to use net proceeds for investment opportunities, working capital and general corporate purposes. The offering increases shares outstanding from 43,073,227 to 51,571,227.
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.