Nova Lifestyle Files 8-K on Agreements and Equity
Ticker: XWIN · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1473334
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-filing
Related Tickers: NVTA
TL;DR
Nova Lifestyle (NVTA) filed an 8-K detailing material agreements and equity sales. Keep an eye on this.
AI Summary
Nova Lifestyle, Inc. filed an 8-K on February 11, 2025, reporting on a material definitive agreement, unregistered sales of equity securities, and financial statements. The filing pertains to events on February 10, 2025. The company, formerly known as Stevens Resources, Inc., is incorporated in Nevada and headquartered in Commerce, California.
Why It Matters
This 8-K filing indicates significant corporate actions, including definitive agreements and equity transactions, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.
Key Numbers
- 001-36259 — SEC File Number (Identifies the company's filing history with the SEC.)
- 90-0746568 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Nova Lifestyle, Inc. (company) — Registrant
- Stevens Resources, Inc. (company) — Former company name
- February 10, 2025 (date) — Date of earliest event reported
- February 11, 2025 (date) — Filing date
- 6565 E. Washington Blvd., Commerce, CA 90040 (address) — Principal Executive Office
FAQ
What is the nature of the material definitive agreement mentioned in the filing?
The filing states an 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in this excerpt.
What type of equity securities were sold and under what terms?
The filing lists 'Unregistered Sales of Equity Securities' as an item information, but the specifics of the securities and the terms of sale are not detailed in this excerpt.
When did Nova Lifestyle, Inc. change its name from Stevens Resources, Inc.?
The date of the name change from Stevens Resources, Inc. to Nova Lifestyle, Inc. was September 29, 2009.
Where is Nova Lifestyle, Inc.'s principal executive office located?
Nova Lifestyle, Inc.'s principal executive office is located at 6565 E. Washington Blvd., Commerce, CA 90040.
What is the SIC code for Nova Lifestyle, Inc.?
The Standard Industrial Classification (SIC) code for Nova Lifestyle, Inc. is 2510, which corresponds to HOUSEHOLD FURNITURE.
Filing Stats: 546 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2025-02-11 16:30:22
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share NVFY Nasdaq Stock Market
- $0.60 — "Common Stock"), at a purchase price of $0.60 per share for an aggregate price of $15
- $150,000 — .60 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) — 117KB
- 0001493152-25-005922.txt ( ) — 345KB
- nvfy-20250210.xsd (EX-101.SCH) — 3KB
- nvfy-20250210_lab.xml (EX-101.LAB) — 33KB
- nvfy-20250210_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: February 11, 2025