Nova Lifestyle Files 8-K: Material Agreement & Equity Sales
Ticker: XWIN · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1473334
Sentiment: neutral
Topics: material-agreement, equity-sale, financial-reporting
TL;DR
Nova Lifestyle inked a big deal and sold some stock, filing the paperwork on 10/25.
AI Summary
On October 25, 2024, Nova Lifestyle, Inc. entered into a material definitive agreement. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. The filing details relate to the company's operations and financial reporting.
Why It Matters
This 8-K filing indicates significant corporate actions, including a material definitive agreement and equity sales, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered equity sales, which can introduce financial and regulatory risks.
Key Players & Entities
- Nova Lifestyle, Inc. (company) — Registrant
- October 25, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of Incorporation
- 6565 E. Washington Blvd. (address) — Principal Executive Office
FAQ
What type of material definitive agreement did Nova Lifestyle, Inc. enter into?
The filing states that Nova Lifestyle, Inc. entered into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on October 25, 2024.
What is Nova Lifestyle, Inc.'s state of incorporation?
Nova Lifestyle, Inc. is incorporated in Nevada.
Where are Nova Lifestyle, Inc.'s principal executive offices located?
Nova Lifestyle, Inc.'s principal executive offices are located at 6565 E. Washington Blvd., Commerce, CA 90040.
Besides the material definitive agreement, what other items are reported in this 8-K?
In addition to the entry into a material definitive agreement, this 8-K filing also reports on unregistered sales of equity securities and financial statements and exhibits.
Filing Stats: 546 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-10-28 16:30:24
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share NVFY Nasdaq Stock Market
- $1.20 — "Common Stock"), at a purchase price of $1.20 per share for an aggregate price of $15
- $150,000 — .20 per share for an aggregate price of $150,000 (the "Private Placement"). The Private
Filing Documents
- form8-k.htm (8-K) — 38KB
- ex10-1.htm (EX-10.1) — 112KB
- 0001493152-24-042694.txt ( ) — 340KB
- nvfy-20241025.xsd (EX-101.SCH) — 3KB
- nvfy-20241025_lab.xml (EX-101.LAB) — 33KB
- nvfy-20241025_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
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. Nova LifeStyle, Inc. By: /s/ Thanh H. Lam Thanh H. Lam Chairperson, President and Chief Executive Officer Date: October 28, 2024