secwatch.observer — SEC 8-K summary
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Issuer:     XMax Inc. (XWIN)
CIK:        0001473334
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001641172-25-005845
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Thanh H. Lam resigns; Xiaohua Lu appointed as new CEO of Nova LifeStyle
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- Thanh H. Lam resigned as CEO/President effective April 21, 2025; remains director and Chairperson.
- Xiaohua Lu appointed CEO; one-year employment agreement with $80,000 annual salary, payable monthly.
- Lam's resignation not due to any disagreement with Company, management, or directors.
- Lu previously General Manager at Drem Consulting Pte Ltd (Jan 2024–Apr 2025) and independent advisor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473334/000164117225005845/0001641172-25-005845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473334/000164117225005845/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-005845

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer