Nova LifeStyle sells 125,000 shares at $1.20 each for $150K in private placement

XMax Inc.

Sold 125,000 shares of common stock at $1.20/share for aggregate gross proceeds of $150,000.
Private placement completed under Regulation S exemption from registration.
Shares are unregistered and subject to transfer restrictions; no registration rights granted.
Agreement filed as Exhibit 10.1; closing conditions include customary representations and warranties.

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