XMax Inc. Enters Material Definitive Agreement
Ticker: XWIN · Form: 8-K · Filed: Nov 21, 2025 · CIK: 1473334
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
XMax Inc. just signed a big deal, creating a new financial obligation. Keep an eye on this.
AI Summary
XMax Inc. entered into a material definitive agreement on November 18, 2025, which also created a direct financial obligation for the registrant. The filing details this agreement and related financial obligations, with exhibits provided. XMax Inc. is incorporated in Nevada and its fiscal year ends on December 31.
Why It Matters
This filing indicates a significant new financial commitment or contract for XMax Inc., which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to performance, repayment, and market conditions.
Key Players & Entities
- XMax Inc. (company) — Registrant
- November 18, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of Incorporation
- 001-36259 (identifier) — Commission File Number
- 90-0746568 (identifier) — I.R.S. Employer Identification No.
- 6565 E. Washington Blvd. (address) — Business Address
- Commerce (location) — City of Business Address
- CA (location) — State of Business Address
- Nova Lifestyle, Inc. (company) — Former Company Name
- Stevens Resources, Inc. (company) — Former Company Name
FAQ
What is the nature of the material definitive agreement entered into by XMax Inc. on November 18, 2025?
The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation, but the specific details of the agreement are not provided in this summary section of the 8-K.
What type of financial obligation did XMax Inc. create?
The filing states that XMax Inc. created a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant'.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated November 18, 2025.
In which U.S. state is XMax Inc. incorporated?
XMax Inc. is incorporated in Nevada.
What are the former names of XMax Inc. mentioned in the filing?
The filing mentions that XMax Inc. was formerly known as Nova Lifestyle, Inc. and Stevens Resources, Inc.
Filing Stats: 645 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2025-11-21 16:20:41
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share XWIN Nasdaq Stock Market
- $5,000,000 — he Purchaser with a principal amount of $5,000,000 (the "Note"). The Note will mature on t
- $7.80 — older's option at a conversion price of $7.80 per share at any time until the total o
Filing Documents
- form8-k.htm (8-K) — 39KB
- ex10-1.htm (EX-10.1) — 70KB
- ex10-2.htm (EX-10.2) — 43KB
- 0001493152-25-024637.txt ( ) — 331KB
- nvfy-20251118.xsd (EX-101.SCH) — 3KB
- nvfy-20251118_lab.xml (EX-101.LAB) — 33KB
- nvfy-20251118_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
01 above, which is incorporated herein by reference
Item 1.01 above, which is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Exhibit Title or Description 10.1 Convertible Promissory Note Purchase Agreement by and between XMax Inc. and Billiongold Holding Limited, dated November 18, 2025. 10.2 Convertible Promissory Note, issued by XMax Inc. to Billiongold Holding Limited. 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
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. XMax Inc. By: /s/ Xiaohua Lu Xiaohua Lu Chief Executive Officer Date: November 21, 2025