Nova LifeStyle subsidiary invests $5.6M in fund to acquire SpaceX common stock

XMax Inc.

Xmax Alpha Holdings Ltd., a wholly owned subsidiary of Nova LifeStyle, subscribed for a 99.82% interest in Preamble Capital I for $5,605,000.
The fund will use $5,600,000 to purchase shares of common stock of Space Exploration Technologies Corp. (SpaceX).
Management fee for Nova LifeStyle's subsidiary is 0%; Sydecar LLC serves as fund administrator.

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