other material
confidence high
sentiment neutral
materiality 0.35
Nova LifeStyle sells 500,000 shares at $0.40 each for $200K in private placement
XMax Inc.
- Sold 500,000 shares of common stock at $0.40/share for aggregate proceeds of $200,000.
- Offering conducted under Regulation S exemption; shares not registered under Securities Act.
- Purchaser is a non-U.S. person; shares subject to six-month resale restriction.
- Company reserved sufficient shares to fulfill obligations under the purchase agreement.