{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-031825","form_type":"8-K","ticker":"XWIN","cik":"0001473334","company_name":"XMax Inc.","filed_at":"2023-09-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.024102+00:00","generated_at":"2026-06-10T23:20:30.607081+00:00","sec_items":["5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Nova LifeStyle increases authorized common shares from 3M to 250M; approves 2023 Omnibus Equity Plan","bullets":["Authorized common shares increased from 3,000,000 to 250,000,000 effective September 5, 2023.","Amendment approved by Board on June 28, 2023 and shareholders on August 31, 2023.","Shareholders approved 2023 Omnibus Equity Plan with 485,540 votes for, 30,513 against.","Discretionary authority to adjourn special meeting also approved by shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-031825","json":"https://secwatch.observer/filing/0001493152-23-031825.json","markdown":"https://secwatch.observer/filing/0001493152-23-031825.md","text":"https://secwatch.observer/filing/0001493152-23-031825.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473334/000149315223031825/0001493152-23-031825-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473334/000149315223031825/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:20:30.607081+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bb12a2c3982429d8afa9f5ffe8ea1cfd8a183b40","claim":"XMax Inc.: Increased authorized common stock from 3,000,000 to 250,000,000 shares (effective 2023-09-05).","evidence_excerpt":"On September 5, 2023, Nova LifeStyle, Inc., a Nevada corporation (the “Company”) filed the Certificate of Change (the “Amendment”) with the Secretary of State for the State of Nevada to amend its Articles of Incorporation to increase the amount of authorized shares of its common stock, par value $0.001 per share, from 3,000,000 to 250,000,000.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473334/000149315223031825/0001493152-23-031825-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-09-05"}],"fact_type":"governance_change"},{"claim_id":"2be21afa664bd3676031a027e84e08c61212156e","claim":"XMax Inc. shareholders approved Approval and adoption of the Nova LifeStyle, Inc. 2023 Omnibus Equity Plan at the 2023-08-31 meeting.","evidence_excerpt":"Proposal 2: Approval and adoption of the Nova LifeStyle, Inc. 2023 Omnibus Equity Plan For Against Abstain 485,540 30,513 484","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473334/000149315223031825/0001493152-23-031825-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-08-31"}],"fact_type":"shareholder_vote"},{"claim_id":"c481cd5c910fac288ef3ff300c28517b836e641d","claim":"XMax Inc. shareholders approved Approval of Amendment to Articles of Incorporation (increase authorized shares of common stock from 3,000,000 to 250,000,000) at the 2023-08-31 meeting.","evidence_excerpt":"Proposal 1: Approval of Amendment to Articles of Incorporation For Against Abstain 484,339 31,736 462","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473334/000149315223031825/0001493152-23-031825-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-08-31"}],"fact_type":"shareholder_vote"},{"claim_id":"f92e26523275961f3ae17d289f81dba309cb377d","claim":"XMax Inc. shareholders approved Approval of Grant of Discretionary Authority to Chairperson of the Board to adjourn the Meeting at the 2023-08-31 meeting.","evidence_excerpt":"Proposal 3: Approval of Grant of Discretionary Authority to Chairperson of the Board For Against Abstain 484,473 31,469 595","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473334/000149315223031825/0001493152-23-031825-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-08-31"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}