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XMax Inc. (NASDAQ: XWIN) invests $400K in cloud AI inference platform

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

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.

Positive

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Negative

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Insights

XMax is making a modest but strategic $400K move into cloud AI infrastructure.

XMax Inc. is investing US$400,000 to deploy an AI inference platform on Amazon Web Services through Cloud Alliance Inc. The platform is designed to handle scalable AI applications, multi-model integration, user authentication, billing, and workflow management.

This move supports the Company’s goal of evolving from a traditional furniture-focused business into a software-centric, platform-based AI enterprise. While the dollar amount is relatively small, it establishes core orchestration and deployment capabilities that can underpin future AI offerings and internal tools.

The Company indicates deployment is expected within approximately 30 days and plans subsequent enhancements, additional model integrations, and exploration of commercialization and partnerships. Future disclosures about customer uptake, revenue contribution, and operating costs will be important to understand how this infrastructure translates into business results.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Total platform fee US$400,000 Fixed fee for AI inference platform development and deployment
Mobilization payment US$200,000 Non-refundable, due within three business days after agreement execution
Final payment US$200,000 Due within three business days after written acceptance of the platform
Deployment timeline Approximately 30 days Expected timeframe to complete AI platform deployment, subject to conditions
Effective date April 1, 2026 Effective date of the AI Inference Platform Deployment and Service Agreement
Agreement date April 6, 2026 Date XMax AI Inc. entered into the agreement with Cloud Alliance Inc.
AI inference platform technical
"the deployment of an AI inference platform, further advancing its expansion toward a software-driven"
An AI inference platform is the technology that runs trained artificial intelligence models to make real-world predictions or decisions, such as recognizing images, answering questions, or forecasting trends. Think of it like a kitchen where recipes (trained models) are executed at scale: it determines speed, cost, and reliability of the outcome. Investors care because the platform affects a company’s ability to deliver AI features efficiently, scale performance, control operating costs, and meet service and regulatory expectations.
usage-based billing financial
"integrated payment processing, usage-based billing, and workflow management tools"
A pricing model where customers are billed according to how much of a product or service they consume, like paying for water or electricity rather than a flat fee. It matters to investors because it can drive faster revenue growth when usage rises, improve alignment between price and customer value, but also makes future income less predictable and can affect cash flow, customer retention and the scalability of the business.
workflow management tools technical
"usage-based billing, and workflow management tools"
forward-looking statements regulatory
"This press release may contain forward-looking statements within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Emerging growth company regulatory
"Emerging growth company Securities registered pursuant to Section 12(b) of the Act"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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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): April 6, 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 1.01 Entry into a Material Definitive Agreement

 

On April 6, 2026, XMax AI Inc. (“XMax AI” or the “Company”), a wholly owned subsidiary of XMax Inc., entered into an AI Inference Platform Deployment and Service Agreement (the “Agreement”) with Cloud Alliance Inc. (the “Service Provider”), effective as of April 1, 2026.

 

Pursuant to the Agreement, the Service Provider will develop and deploy an AI inference platform (“Platform”) to the Amazon Web Services (AWS) cloud environment designated by the Company. The Service provider will also provide reasonable configuration and limited customization work as is necessary to make the Platform operational for the Company’s approved use case.

 

The total fixed fee for the services under the Agreement is US$400,000 and Company shall pay an initial non-refundable mobilization payment of US$200,000 within three (3) business days after execution of the Agreement. The remaining US$200,000 shall be due within three (3) business days following Company’s written acceptance of the Platform in accordance with the acceptance terms in the Agreement.

 

The Agreement is filed as Exhibits 10.1 to this Current Report on Form 8-K. The foregoing summary of the terms of the Agreement is subject to, and qualified in its entirety by, the Agreement, which is incorporated herein by reference.

 

Item 8.01. Other Events.

 

On April 8, 2026, the Company issued a press release announcing the development and deployment of AI inference platform, 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
10.1   AI Inference Platform Deployment and Service Agreement by and between the Company and Cloud Alliance Inc. dated April 6, 2026.
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
   
April 8, 2026  

 

 

 

Exhibit 99.1

 

XMax Advances AI Strategy Through Development and Deployment of An AI Inference Platform

 

Los Angeles, CA, April 8, 2026 – XMax Inc. (NASDAQ: XWIN) (“XMax” or the “Company”) today announced a key milestone in its artificial intelligence (“AI”) strategy with the deployment of an AI inference platform, further advancing its expansion toward a software-driven and platform-based AI business.

 

XMax AI Inc., a wholly owned subsidiary of the Company (“XMax AI”), has entered into an agreement with CLOUD ALLIANCE INC to develop and deploy a cloud-based AI inference platform to the Amazon Web Services (AWS) cloud environment designated by XMax AI. The platform is designed to support scalable AI application development, multi-model integration, and potential commercial deployment.

 

The platform will feature core capabilities including large-model API access and intelligent routing, user authentication, integrated payment processing, usage-based billing, and workflow management tools. Together, these functionalities are expected to enable XMax to establish a unified AI service layer supporting both internal operations and potential future external commercialization.

 

The deployment is expected to be completed within approximately 30 days, subject to standard implementation conditions.

 

This initiative represents a foundational step in XMax’s broader AI expansion strategy, positioning the Company to develop from a traditional product-focused business into a scalable, software-centric platform. XMax believes that establishing capabilities in the orchestration and deployment layer of AI services is critical to capturing long-term value in the rapidly evolving AI ecosystem.

 

“We view AI infrastructure and software capability as core to our next phase of growth,” said Mr. Xiaohua Lu, Chief Executive Officer of XMax. “This deployment establishes the foundation for XMax to operate as an AI-enabled platform company, capable of delivering scalable and commercialized AI solutions.”

 

Following deployment, the Company plans to enhance platform capabilities, integrate additional AI models, and explore commercialization opportunities and strategic partnerships.

 

About XMax Inc.

 

Headquartered in Commerce, California, XMax Inc. (NASDAQ: XWIN), formerly known as Nova LifeStyle, Inc., is a diversified company engaged in the design, sourcing, and distribution of contemporary furniture, as well as the development of artificial intelligence technologies. The Company operates through an established global network of suppliers, distributors, and e-commerce channels, serving a broad customer base. In addition, XMax is expanding into artificial intelligence technologies, including AI software and platform-based services, to support future growth. By leveraging both its core operations and emerging technologies, the Company aims to drive diversification and long-term value creation.

 

 

 

 

About Cloud Alliance Inc.

 

Cloud Alliance Inc. is a Virginia-based company providing cloud, IT modernization, DevOps, cybersecurity support, high-performance computing, and AI-enabled technology services to government and commercial clients. The company’s capabilities include cloud migration and modernization, enterprise cloud architecture, system design and development, testing, operations and maintenance, troubleshooting, security vulnerability management, and data processing and AI integration. Cloud Alliance supports mission-critical, enterprise-wide systems for federal and state government customers and maintains public visibility across government-focused contract channels including DOC NOAA NMITS, DOT SWEP, USDA STRATUS, and the GSA Schedule.

 

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

 

 

 

FAQ

What agreement did XMax Inc. (NVFY) announce in this 8-K filing?

XMax Inc. disclosed that its subsidiary XMax AI Inc. entered into an AI Inference Platform Deployment and Service Agreement with Cloud Alliance Inc., valued at US$400,000, to develop and deploy a cloud-based AI inference platform on Amazon Web Services for scalable AI applications.

How much is XMax Inc. paying for the new AI inference platform?

The total fixed fee is US$400,000. XMax AI will pay a non-refundable US$200,000 mobilization payment within three business days after signing, with the remaining US$200,000 due within three business days following the Company’s written acceptance of the completed platform.

What capabilities will XMax Inc.’s new AI inference platform provide?

The platform is designed to support scalable AI application development, multi-model integration, and potential commercialization. It will include large-model API access, intelligent routing, user authentication, integrated payment processing, usage-based billing, and workflow management tools to create a unified AI service layer.

When is XMax Inc.’s AI inference platform expected to be deployed?

Deployment of the AI inference platform is expected to be completed within approximately 30 days from the effective date, subject to standard implementation conditions. After deployment, XMax plans to enhance capabilities, integrate additional AI models, and explore commercialization opportunities and strategic partnerships.

How does the AI inference platform fit into XMax Inc.’s strategy?

XMax views the AI inference platform as a foundational step in its broader AI expansion strategy. The Company aims to transition from a traditional product-focused business to a scalable, software-centric platform model, using AI infrastructure and software capabilities to support long-term growth and diversification.

Who is Cloud Alliance Inc. in XMax Inc.’s latest AI initiative?

Cloud Alliance Inc. is a Virginia-based provider of cloud, IT modernization, DevOps, cybersecurity, and AI-enabled technology services. It will develop and deploy XMax’s AI inference platform on Amazon Web Services, drawing on experience with mission-critical systems for federal and state government customers.

Filing Exhibits & Attachments

5 documents