Nova LifeStyle Inc. held a special meeting of shareholders on October 31, 2025. At the meeting, shareholders approved an amendment to increase the authorized shares of common stock from 250,000,000 to 5,000,000,000. Shareholders also approved an amendment to change the company's name from "Nova LifeStyle, Inc." to "XMax Inc." In addition, authority was granted to the Chairperson of the Board and Chief Executive Officer to adjourn the meeting for the purpose of soliciting additional proxies to approve the proposals.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nova Lifestyle Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-020756), on November 04, 2025, and is solely responsible for the information contained therein.
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