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0001473334
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2026-03-24
2026-03-24
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): March 24, 2026
XMAX
Inc.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
001-36259 |
|
90-0746568 |
| (State
or Other Jurisdiction |
|
(Commission |
|
(I.R.S.
Employer |
| of
Incorporation) |
|
File
Number) |
|
Identification
No.) |
6565
E. Washington Blvd., Commerce, CA 90040
(Address
of Principal Executive Office) (Zip Code)
(323)
888-9999
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
Stock, par value $0.001 per share |
|
XWIN |
|
Nasdaq
Stock Market |
Item 8.01. Other Events.
On
March 24, 2026, XMAX Inc. (the “Company”) issued a press release announcing its strategic expansion into artificial intelligence
to drive growth and diversification, a copy of which is attached hereto as Exhibit 99.1.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits
| Exhibit
No. |
|
Exhibit
Title or Description |
| 99.1 |
|
Press Release |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, hereunto duly authorized.
|
XMax
Inc. |
| |
|
|
/s/
Xiaohua Lu |
|
Xiaohua
Lu |
| |
Chief
Executive Officer |
March
24, 2026 |
|
Exhibit
99.1
XMax
Announces Strategic Expansion Into Artificial Intelligence to Drive Growth and Diversification
LOS
ANGELES, CA, March 24, 2026 – XMax Inc. (NASDAQ: XWIN, “XMax” or the “Company”) today announced that
its Board of Directors has approved a strategic expansion into artificial intelligence (“AI”) while continuing to operate
and develop its existing furniture business. The initiative is designed to diversify revenue streams and position the Company for long-term
growth amid challenging conditions in the furniture market.
Under
the new strategy, XMax plans to enter several high-growth AI segments, including AI software and hardware development, cloud and GPU
compute infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment. The Company expects these initiatives
to create new technology-driven business lines with scalable commercial potential.
To
support the expansion, XMax may raise capital for research and development, strategic partnerships, joint ventures, or acquisitions in
AI and advanced technology sectors. The Company will continue strengthening its core furniture operations as one of its principal business
lines. Pending deployment of capital into specific projects, the Company may also manage its capital through prudent investment strategies
designed to enhance overall capital efficiency and support long-term shareholder value.
“This
strategic expansion into artificial intelligence marks an important moment for XMax,” said the Chief Executive Officer of XMax.
“While we continue to strengthen our longstanding furniture business, entering the AI sector positions us to participate in one
of the fastest-growing technology markets in the world. This initiative will create new pathways for innovation, diversify our revenue
potential, and lay the groundwork for long-term value creation for our shareholders. We believe this is the right move at the right time
to secure the Company’s future and unlock new opportunities for sustainable growth.”
About
XMax Inc.
Headquartered
in Commerce, California, XMax Inc., formerly known as Nova LifeStyle Inc., is a well-established distributor of contemporary styled residential
and commercial furniture. The Company monitors popular trends and products to create design elements integrated into product lines for
both stand-alone and whole-room furnishing solutions. Through its global network of retailers, e-commerce platforms, and hospitality
providers, the Company serves customers worldwide with high-quality furniture products.
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, 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
ICR
LLC.
XMaxIR@icrinc.com
