XMax Inc（NVFY）资讯与事件NVFYXMax Inc

Nova Lifestyle reveals $5.66 million investment in fund to acquire stake in SpaceX.

Nova Lifestyle has invested approximately $5.66M to subscribe 99.815% interest of Preamble Capital, A Series of CGF2021 LLC that will acquire 6.667% interest of a certain fund that holds an aggregate of 353,772 shares of Common Stock of Space Exploration Technologies Corp., a Texas corporation, comprising of 121,805 shares of Class A Common Stock and 231,967 shares of Class C Common Stock of SpaceX.

Nova Lifestyle sets public offering price at 91.5 cents for 9.5 million shares

Nova LifeStyle announced the pricing of its best-efforts public offering of up to 9,522,393 shares of common stock and up to 19,044,786 warrants to purchase Common Stock at a public offering price of $0.915. Each share of Common Stock is being sold together with two Warrants, with each Warrant to purchase one share of Common Stock. Each Warrant is exercisable immediately with an exercise price equal to 120% of the offering price, and expires on the fifth anniversary of the issuance date, subject to certain adjustments. The offering is expected to close on or about September 4, 2025, subject to the satisfaction of customary closing conditions. Gross proceeds to the Company, before deducting placement agent's fees and other offering expenses, are expected to be approximately $8.71 million, subject to increase based upon receipt of pending subscriptions at closing. The Company intends to use the net proceeds of this offering for working capital, marketing expenditures, repayment of short-term debt and capital expenditures. American Trust Investment Services, Inc. is acting as exclusive placement agent to use its reasonable best efforts to solicit offers to purchase the Company's securities in this offering.

Nova Lifestyle reports Q3 net loss $2.5M vs. net loss $1.3M last year

Reports Q3 revenue $2.6M vs. $2.5M last year...Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, "During the third quarter we continued to strengthen the underlying fundamentals of the business. We implemented a number operational steps, including improvements to our logistics network to improve efficiencies while maintaining inventory levels to ensure customer deliveries. While these changes negatively impacted operations and expenses in the third quarter, we believe that these efforts position us well moving forward. We are committed to accelerating our strategy in a disciplined manner that avoids excess spending and will position the business for growth over the long term."