Nova Lifestyle, INC 8-K filings

Nova LifeStyle, Inc. has entered into a Securities Purchase Agreement to sell 3,708,500 shares of common stock at $3.78 per share, raising $14,018,130 in gross proceeds.

Nova LifeStyle, Inc. announced the resignation of its Corporate Secretary and the appointment of Yizhou (Steven) Zhao as Chief Operating Officer and Corporate Secretary.

Nova LifeStyle's subsidiary, Nova Furniture Limited, completed an acquisition of a significant interest in Preamble Capital, which subsequently invested in a fund holding SpaceX common stock.

Nova LifeStyle, Inc.'s subsidiary, Nova Furniture Limited, has acquired a significant indirect interest in Space Exploration Technologies Corp. (SpaceX) through a $5.66 million investment in a specialized fund.

Nova LifeStyle, Inc. announced the expansion of its Board of Directors and the appointment of Ms. Wen Tao, an experienced financial professional, as a new independent director.

Nova Lifestyle, Inc. successfully closed a public offering, raising $9.0 million through the sale of common stock and warrants to fund working capital and strategic initiatives.

Nova LifeStyle, Inc. announced the resignation of director Min (Mindy) Su and the immediate appointment of CEO Xiaohua Lu to its Board of Directors, effective June 23, 2025.

Nova LifeStyle, Inc. announced the successful election of its five director nominees, the ratification of Enrome LLP as its independent auditor, and the advisory approval of executive compensation at its 2025 Annual Meeting of Shareholders.

Nova LifeStyle, Inc. announced it has successfully regained compliance with the NASDAQ Capital Market's minimum $1.00 bid price requirement, closing the matter with the exchange.

Nova LifeStyle, Inc. stockholders have approved a proposal allowing the company to issue common stock and warrants at discounts of up to 50% and 40% respectively, raising concerns about significant shareholder dilution.

Nova LifeStyle, Inc. announces the resignation of Thanh H. Lam as CEO and President, and the appointment of Xiaohua Lu as the new CEO, effective April 21, 2025.

Nova LifeStyle, Inc. announces a private placement of 500,000 shares at $0.40 per share, raising $200,000 to strengthen its financial position.

Nova LifeStyle's subsidiary, Nova Furniture Limited (Samoa), enters into purchase agreements totaling $3.19 million for furniture products, funded by issuing company stock to the sellers.

Nova LifeStyle, Inc. settles a $217,000 debt with Huge Energy International Limited by issuing 434,000 shares of common stock at $0.50 per share.

Nova LifeStyle, Inc. announces a private placement of 250,000 shares at $0.60 per share, raising $150,000.

Nova LifeStyle, Inc. has entered into a Securities Purchase Agreement to sell 250,000 shares of common stock at $0.60 per share, raising $150,000 in a private placement.

Nova LifeStyle, Inc. received a notification from Nasdaq that it no longer meets the minimum bid price requirement for continued listing due to its stock price falling below $1 for 30 consecutive trading days.

Nova LifeStyle, Inc. has entered into a Securities Purchase Agreement to sell 125,000 shares of its common stock at $1.20 per share, raising $150,000 in a private placement.

Nova LifeStyle Inc. has issued 3,321,429 shares of common stock to purchase $4.6 million in furniture inventory, aiming to regain compliance with Nasdaq listing requirements.

Nova LifeStyle, Inc. has entered into purchase agreements to acquire $4.6 million in furniture products, issuing shares of common stock to the suppliers, in an effort to regain compliance with NASDAQ listing requirements.

Nova LifeStyle, Inc. has dismissed its independent accountant, WWC, P.C., and appointed Enrome LLP as its new auditor, effective immediately.

Nova LifeStyle, Inc. will acquire a Payment IT System from VT Conceptone Sdn Bhd for $552,000, paid in shares of common stock.

Nova LifeStyle, Inc. has entered into a Securities Purchase Agreement to sell 125,000 shares of common stock at $1.60 per share, raising $200,000 in a private placement.

Nova LifeStyle's subsidiary, Nova Living (M) Sdn Bhd, has agreed to purchase a DesignXperience system from Hong Sheng Sdn Bhd for $660,000, to be paid in company stock.

Nova LifeStyle has been granted an extension until October 14, 2024, by Nasdaq to regain compliance with listing rules regarding minimum stockholders' equity.

Nova LifeStyle, Inc. held its 2024 Annual Meeting of Shareholders on May 31, 2024, where shareholders voted on key proposals including the election of directors and the ratification of the company's accounting firm.

Nova LifeStyle, Inc. has entered into a Securities Purchase Agreement to sell 200,000 shares of common stock at $2.00 per share, raising $400,000 in a private placement.

Nova LifeStyle, Inc. has received a notice from Nasdaq stating that it does not meet the minimum stockholders' equity requirement for continued listing, among other criteria.

Nova LifeStyle, Inc. has agreed to acquire an AI-Calculation Engine System from ATS Brand Sdn Bhd for $750,000, to be paid in company stock.