Source-grounded facts extracted from XMax Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
XMax Inc. shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of Named Executive Officers at the 2026-06-05 meeting.
“The results of the advisory, non-binding vote as to the frequency of the advisory vote on the compensation of named executive officers were as follows: 1 Year 2 Years 3 Years Abstain 12,468,727 2,083 417 121”
XMax Inc. shareholders approved Advisory Vote on the Compensation of Named Executive Officers at the 2026-06-05 meeting.
“The shareholders approved, on an advisory, non-binding basis, the compensation of our named executive officers as follows: For Against Abstain Broker Non-Votes 12,467,949 928 2,471 5,752,115”
XMax Inc. shareholders approved Approval and Ratification of the Appointment of Enrome LLP as the Company's Independent Registered Public Accounting Firm at the 2026-06-05 meeting.
“The shareholders approved and ratified the appointment of Enrome LLP. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, as follows: For Against Abstain Broker Non-Votes 18,214,504 7,189 1,770 N/A”
XMax Inc. shareholders approved Election of Directors at the 2026-06-05 meeting.
“The following six individuals were elected to the Board of Directors of the Company to serve as directors until the 2027 Annual Meeting of Shareholders and until their successors have been duly elected and qualified by votes as follows: Nominees Votes Cast For Votes Against Abstain Broker Non-Votes Umesh Patel 12,332,165 137,019 2,164 5,752,115 Xiaohua Lu 12,470,649 554 145 5,752,115 Yizhou (Steven) Zhao 12,451,556 19,647 145 5,752,115 Ming-Cherng Sky Tsai 12,404,876 66,327 145 5,752,115 Wen Tao 12,470,618 585 145 5,752,115 Matthew Beck 12,470,732 471 145 5,752,115”
XMax Inc. issued 486,500 shares of common stock to certain non-U.S. investors for $7.347 per share, aggregate $3,574,315.50.
“On May 28, 2026, XMax Inc. (the “ Company ”) entered into Securities Purchase Agreements (the “ Agreements ”) with certain non-U.S. investors identified on the signature pages thereto (the “ Purchasers ”), pursuant to which the Company agreed to sell to the Purchasers in a private placement for a total of 486,500 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $7.347 per share for an aggregate offering price of $3,574,315.50 (the “ Private Placement ”).”
XMax Inc. entered into Securities Purchase Agreements with certain non-U.S. investors valued at aggregate offering price of $3,574,315.50 (effective 2026-05-28).
“On May 28, 2026, XMax Inc. (the “ Company ”) entered into Securities Purchase Agreements (the “ Agreements ”) with certain non-U.S. investors identified on the signature pages thereto (the “ Purchasers ”), pursuant to which the Company agreed to sell to the Purchasers in a private placement for a total of 486,500 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $7.347 per share for an aggregate offering price of $3,574,315.50 (the “ Private Placement ”).”
XMax Inc.: Adopted amended and restated Code of Business Conduct and Ethics with technical, administrative, non-substantive amendments and updated best practices (effective 2026-04-30).
“On April 30, 2026, the Board of Directors (the “Board”) of XMax Inc. (the “ Company ”) approved the amended and restated Code of Business Conduct and Ethics of the Company (the “ Revised Code ”).”
XMax Inc. issued 8,550,000 shares of common stock to six non-U.S. investors for at a purchase price of $3.64 per share for an aggregate offering price of $31,122,000.
“On April 24, 2026, XMax Inc. (the “ Company ”) entered into Securities Purchase Agreements (the “ Agreements ”) with six non-U.S. investors (the “ Purchasers ”), pursuant to which the Company agreed to sell to the Purchasers in a private placement for a total of 8,550,000 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $3.64 per share for an aggregate offering price of $31,122,000 (the “ Private Placement ”).”
XMax Inc. entered into Securities Purchase Agreements with six non-U.S. investors valued at aggregate offering price of $31,122,000 (effective 2026-04-24).
“On April 24, 2026, XMax Inc. (the “ Company ”) entered into Securities Purchase Agreements (the “ Agreements ”) with six non-U.S. investors (the “ Purchasers ”), pursuant to which the Company agreed to sell to the Purchasers in a private placement for a total of 8,550,000 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $3.64 per share for an aggregate offering price of $31,122,000 (the “ Private Placement ”).”
XMax Inc. entered into Cloud Services Agreement with SuperX AI Technology USA valued at US$4,800,000 (effective 2026-04-22).
“On April 22, 2026, XMax AI Inc. (“ XMax AI ” or the “ Party A ”), a wholly owned subsidiary of XMax Inc., entered into a Cloud Services Agreement (the “ Agreement ”) with SuperX AI Technology USA (the “ Party B ”). Pursuant to the Agreement, Party B shall provide to Party A: (a) cloud computing services - Party B delivers cloud computing resources to Party A utilizing a third party’s cloud infrastructure; (b) API access to large language models and AI models hosted on cloud platforms; and (c) value-added services including cloud architecture design and optimization, technical support and troubleshooting, billing and cost analysis, migration planning, security and compliance advisory, and related technical training. The service fees for the Agreement are US$4,800,000, payable monthly and the model and cloud resource discount rates apply to cumulative consumption up to the discount cap within each consecutive twelve (12) month period commencing from the service activation date.”
XMax Inc. entered into Subscription Agreement with Preamble X Capital I valued at US$5,450,000 (effective 2026-04-15).
“On April 15, 2026, Xmax Beta Holdings Ltd. (the “ Company ”), a company incorporated in the Cayman Islands and an indirectly wholly owned subsidiary of XMax Inc. entered into a Subscription Agreement (the “ Agreement ”) with Preamble X Capital I, a series of Preamble X Capital LLC, a Delaware Limited Liability Company. Pursuant to the Agreement, the Company made additional subscription in an aggregate amount of US$5,450,000 (the “ Subscription Amount ”), which increases the Company’s interest in Preamble X Capital I to more than 99.9%.”
XMax Inc. completed an acquisition involving Preamble X Capital I for $5,450,000 (closed 2026-04-15).
“a series of Preamble X Capital LLC, a Delaware Limited Liability Company. Pursuant to the Agreement, the Company made additional subscription in an aggregate amount of US$5,450,000 (the “ Subscription Amount ”), which increases the Company’s interest in Preamble X Capital I to more than 99.9%. Allocations Fund Administration, LLC is the administrative”
XMax Inc. issued 462,500 shares of common stock to twenty two non-U.S. person investors, namely Chen Yingjie, Fang Chongyi, Jiang Yan, Ma Ying, Ren Guangfei, Ren Tao, Shen Xiaoyan, Song Rongrong, Tan Kaichang, Tang Min, Wang Haifeng, Wang Jinhua, Wang Li, Wang Zecui, Wei Huifen, Yao Jing, Yu Suying, Zeng Qingyu, Zhang Bingli, Zhang Ciqiang, Zhao Xia for $3,101,062.50.
“On April 13, 2026, XMax Inc. (the “ Company ”) entered into Securities Purchase Agreements (the “ Agreements ”) with twenty two non-U.S. person investors, namely Chen Yingjie, Fang Chongyi, Jiang Yan, Ma Ying, Ren Guangfei, Ren Tao, Shen Xiaoyan, Song Rongrong, Tan Kaichang, Tang Min, Wang Haifeng, Wang Jinhua, Wang Li, Wang Zecui, Wei Huifen, Yao Jing, Yu Suying, Zeng Qingyu, Zhang Bingli, Zhang Ciqiang, Zhao Xianxian and Zhao Zheyao (the “ Purchasers ”), pursuant to which the Company agreed to sell to the Purchasers in a private placement for a total of 462,500 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $6.705 per share for an aggregate offering price of $3,101,062.50 (the “ Private Placement ”).”
XMax Inc. entered into Securities Purchase Agreements with twenty two non-U.S. person investors, namely Chen Yingjie, Fang Chongyi, Jiang Yan, Ma Ying, Ren Guangfei, Ren Tao, Shen Xiaoyan, Song Rongrong, Tan Kaichang, Tang Min, Wang Haifeng, Wang Jinhua, Wang Li, Wang Zecui, Wei Huifen, Yao Jing, Yu Suying, Zeng Qingyu, Zhang Bingli, Zhang Ciqiang, Zhao Xia valued at aggregate offering price of $3,101,062.50 (effective 2026-04-13).
“On April 13, 2026, XMax Inc. (the “ Company ”) entered into Securities Purchase Agreements (the “ Agreements ”) with twenty two non-U.S. person investors, namely Chen Yingjie, Fang Chongyi, Jiang Yan, Ma Ying, Ren Guangfei, Ren Tao, Shen Xiaoyan, Song Rongrong, Tan Kaichang, Tang Min, Wang Haifeng, Wang Jinhua, Wang Li, Wang Zecui, Wei Huifen, Yao Jing, Yu Suying, Zeng Qingyu, Zhang Bingli, Zhang Ciqiang, Zhao Xianxian and Zhao Zheyao (the “ Purchasers ”), pursuant to which the Company agreed to sell to the Purchasers in a private placement for a total of 462,500 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $6.705 per share for an aggregate offering price of $3,101,062.50 (the “ Private Placement ”).”
XMax Inc. entered into AI Inference Platform Deployment and Service Agreement with Cloud Alliance Inc. valued at US$400,000 (effective 2026-04-01).
“On April 6, 2026, XMax AI Inc. (" XMax AI " or the " Company "), a wholly owned subsidiary of XMax Inc., entered into an AI Inference Platform Deployment and Service Agreement (the " Agreement ") with Cloud Alliance Inc. (the " Service Provider "), effective as of April 1, 2026.”
XMax Inc. issued 1,958,000 shares of common stock to StratoCore Solutions Ltd. for $3.575 per share for an aggregate offering price of $6,999,850.
“On March 30, 2026, XMax Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Agreement ”) with StratoCore Solutions Ltd., a Malaysian company (the “ Purchaser ”), pursuant to which the Company agreed to sell to the Purchaser in a private placement 1,958,000 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $3.575 per share for an aggregate offering price of $6,999,850 (the “ Private Placement ”).”
XMax Inc. entered into Securities Purchase Agreement with StratoCore Solutions Ltd. valued at $6,999,850 (effective 2026-03-30).
“On March 30, 2026, XMax Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Agreement ”) with StratoCore Solutions Ltd., a Malaysian company (the “ Purchaser ”), pursuant to which the Company agreed to sell to the Purchaser in a private placement 1,958,000 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $3.575 per share for an aggregate offering price of $6,999,850 (the “ Private Placement ”).”
XMax Inc. entered into Securities Purchase Agreement with certain purchasers identified on the signature pages thereto valued at aggregate gross proceeds to the Company of $35,955,000 (effective 2026-03-09).
“On March 9, 2026, XMax Inc. (the “Company”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain purchasers identified on the signature pages thereto (the “ Purchasers ”), pursuant to which the Company will sell to the Purchasers in a registered direct offering, an aggregate of 8,500,000 shares (the “ Shares ”) of its common stock, par value $0.001 per share (“ Common Stock ”) at a purchase price of $4.23 per share, for aggregate gross proceeds to the Company of $35,955,000, before deducting offering expenses payable by the Company.”
XMax Inc. entered into Subscription Agreement with Preamble X Capital I, a series of Preamble X Capital LLC valued at US$3,048,773.60 (effective 2026-02-04).
“On February 4, 2026, Xmax Beta Holdings Ltd. (the “ Company ”), a company incorporated in the Cayman Islands and an indirectly wholly owned subsidiary of XMax Inc. entered into a Subscription Agreement (the “ Agreement ”) with Preamble X Capital I, a series of Preamble X Capital LLC, a Delaware Limited Liability Company.”
XMax Inc. entered into Loan Agreement with Joycheer Trade Limited valued at $5.3 million (effective 2026-01-28).
“On January 28, 2026, XMax Inc., a Nevada company (the “Company” or “Lender”) entered into a Loan Agreement (the “Loan Agreement”) with Joycheer Trade Limited, a company incorporated in Hong Kong (the “Borrower”).”
XMax Inc. entered into Securities Purchase Agreement with certain purchasers identified on the signature pages thereto valued at $4,999,375 (effective 2025-12-19).
“On December 19, 2025, XMax Inc. (the “Company”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain purchasers identified on the signature pages thereto (the “ Purchasers ”), pursuant to which the Company will sell to the Purchasers in a registered direct offering, an aggregate of 1,187,500 shares (the “ Shares ”) of its common stock, par value $0.001 per share (“ Common Stock ”) at a purchase price of $4.21 per share, for aggregate gross proceeds to the Company of $4,999,375, before deducting offering expenses payable by the Company.”
XMax Inc. completed an acquisition involving dedicated SPV for US$2,999,928.80 (closed 2025-12-16).
“On December 2, 2025, Preamble X Capital I, a series of Preamble X Capital LLC entered into a Subscription Agreement with a dedicated SPV (the “ SPV ”) to subscribe 40,106 equity certificates in the SPV for an amount of US$2,999,928.80 (the “ Transaction ”) and the SPV holds 502,236 equity certificates, and each certificate is entitled to a share of Series B Preferred Stock of X.AI Holdings Corp., a Neveda corporation (“ xAI ”) and such Series B Preferred Stock of xAI are directly held by a certain fund, as previously disclosed in the Form 8-K filed by the Company with SEC on December 8, 2025, amended on December 10, 2025. On December 16, 2025, Preamble X Capital I closed the Transaction.”
XMax Inc. entered into Subscription Agreement with Preamble X Capital I, a series of Preamble X Capital LLC valued at US$8,461,428.80 (effective 2025-12-02).
“On December 2, 2025, Xmax Beta Holdings Ltd. (the “ Company ”), a company incorporated in the Cayman Islands and an indirectly wholly owned subsidiary of XMax Inc. entered into a Subscription Agreement (the “ Agreement ”) with Preamble X Capital I, a series of Preamble X Capital LLC, a Delaware Limited Liability Company.”
XMax Inc. entered into Subscription Agreement with Preamble X Capital LLC valued at $8,461,428.80 (effective 2025-12-02).
“On December 2, 2025, Xmax Beta Holdings Ltd. (the “ Company ”), a company incorporated in the Cayman Islands and an indirectly wholly owned subsidiary of XMax Inc. entered into a Subscription Agreement (the “ Agreement ”) with Preamble X Capital I, a series of Preamble X Capital LLC, a Delaware Limited Liability Company. Pursuant to the Agreement, the Company subscribed approximately 99.88% interest in Preamble X Capital I in an amount equal to US$8,461,428.80 (the “ Subscription Amount ”) and has become a member of Preamble X Capital I and been bound by the LLC Agreement as a member of Preamble X Capital I.”
XMax Inc. entered into Convertible Promissory Note Purchase Agreement with Billiongold Holding Limited valued at $5,000,000 (effective 2025-11-18).
“On November 18, 2025, XMax Inc., a Nevada company (the “Company”), entered into a Convertible Promissory Note Purchase Agreement (the “Agreement”) with Billiongold Holding Limited, a company incorporated under the law of Hong Kong (the “Purchaser”).”
XMax Inc. incurred convertible notes of $5,000,000 with Billiongold Holding Limited at 6% per annum maturing thirty-six (36) months from the date that the purchase price of the Note is paid.
“On November 18, 2025, XMax Inc., a Nevada company (the “Company”), entered into a Convertible Promissory Note Purchase Agreement (the “Agreement”) with Billiongold Holding Limited, a company incorporated under the law of Hong Kong (the “Purchaser”). Pursuant to the Agreement, the Company sold a Convertible Promissory Note to the Purchaser with a principal amount of $5,000,000 (the “Note”).”
XMax Inc.: Amended and restated bylaws to change company name from Nova LifeStyle, Inc. to XMax Inc (effective 2025-11-03).
“On November 3, 2025, the Company amended and restated its bylaws to change the Company’s name from “Nova LifeStyle, Inc.” to “XMax Inc.””
XMax Inc.: Changed company name from Nova LifeStyle, Inc. to XMax Inc (effective 2025-11-03).
“On November 3, 2025, the Company filed a Certificate of Amendment (the “ Name Change Amendment ”) with the Secretary of State for the State of Nevada to amend its Articles of Incorporation to change the Company’s name from “Nova LifeStyle, Inc.” to “XMax Inc.””
XMax Inc.: Increased authorized common stock from 250,000,000 to 5,000,000,000 shares (effective 2025-11-03).
“On November 3, 2025, Nova LifeStyle, Inc., a Nevada corporation (the “ Company ”) filed a Certificate of Change (the “ Share Increase 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 250,000,000 shares to 5,000,000,000 shares.”
XMax Inc. completed an acquisition for $5,664,500.05 (closed 2025-09-25).
“On September 25, 2025, Nova Furniture Limited, a company incorporated in the British Virgin Islands and a wholly owned subsidiary of Nova LifeStyle, Inc. (the “ Company ”) closed its subscription of 99.815% interest in Preamble Capital, A Series of CGF2021 LLC (the “ Preamble Capital ”), a Delaware Limited Liability Company for $5,664,500.05”
Xiaohua Lu was appointed as Chief Executive Officer at XMax Inc..
“On April 21, 2025, the Board appointed Mr. Xiaohua Lu as the Chief Executive Officer of the Company.”
Thanh H. Lam resigned as Chief Executive Officer and President at XMax Inc..
“On April 21, 2025, the Board of Directors (the “Board”) of Nova LifeStyle, Inc. (the “Company”) received a resignation letter from Ms. Thanh H. Lam to resign from her positions as the Chief Executive Officer (“CEO”) and President of the Company, effective immediately.”
XMax Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“December 27, 2024, Nova LifeStyle, Inc. (the “Company”) received a letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listing on Nasdaq under Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has no immediate effect on the listing of the Company’s common stock. In accordance w”
XMax Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1), 5550(b)(2), 5550(b)(3)).
“April 18, 2024, Nova LifeStyle, Inc. (the “Company”) received written notice from the NASDAQ Stock Market (“NASDAQ”) stating that the Company does not meet the requirement of maintaining a minimum of $2,500,000 in stockholders’ equity for continued listing on the NASDAQ Capital Market, as set forth in NASDAQ Listing Rule 5550(b)(1), the Company also does not meet the alternative of market value of listed securities of $35 million under NASDAQ Listing Rule 5550(b)(2) or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most”
XMax Inc. entered into Sale and Purchase Agreement with WEB 3.0 Sdn Bhd valued at $675,000 purchase price paid in 270,000 shares of common stock at $2.5 per share (effective 2023-11-16).
“On November 16, 2023, Nova LifeStyle, Inc. (the "Company"), Nova Living (M) Sdn Bhd, a wholly owned subsidiary of the Company ("Nova Malaysia") and WEB 3.0 Sdn Bhd ("Web 3.0"), a company incorporated in Malaysia entered into a Sale and Purchase Agreement (the "Agreement").”
XMax Inc.: Increased authorized common stock from 3,000,000 to 250,000,000 shares (effective 2023-09-05).
“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.”
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.
“Proposal 3: Approval of Grant of Discretionary Authority to Chairperson of the Board For Against Abstain 484,473 31,469 595”
XMax Inc. shareholders approved Approval and adoption of the Nova LifeStyle, Inc. 2023 Omnibus Equity Plan at the 2023-08-31 meeting.
“Proposal 2: Approval and adoption of the Nova LifeStyle, Inc. 2023 Omnibus Equity Plan For Against Abstain 485,540 30,513 484”
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.
“Proposal 1: Approval of Amendment to Articles of Incorporation For Against Abstain 484,339 31,736 462”
XMax Inc. shareholders approved Advisory Vote on the Compensation of Named Executive Officers at the 2023-06-01 meeting.
“Proposal 3: Advisory Vote on the Compensation of Named Executive Officers The shareholders approved, on an advisory, non-binding basis, the compensation of our named executive officers as follows: For Against Abstain Broker Non-Votes 2,283,552 83,927 3,800 1,431,940”
XMax Inc. shareholders approved Approval and Ratification of the Appointment of WWC, P.C. as Independent Registered Public Accounting Firm at the 2023-06-01 meeting.
“Proposal 2: Approval and Ratification of the Appointment of WWC, P.C. as the Company ’ s Independent Registered Public Accounting Firm The shareholders approved and ratified the appointment of WWC, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, as follows: For Against Abstain Broker Non-Votes 3,686,763 114,956 1,500 N/A”
XMax Inc. shareholders approved Election of Directors at the 2023-06-01 meeting.
“Proposal 1: Election of Directors The following five individuals were elected to the Board of Directors of the Company to serve as directors until the 2024 Annual Meeting of Shareholders and until their successors have been duly elected and qualified by votes as follows: Nominees Votes Cast For* Votes Withheld* Broker Non-Votes* Min Su 2,294,975 76,304 1,431,940 Thanh H. Lam 2,302,960 68,319 1,431,940 Ming-Cherng Sky Tsai 2,314,700 56,579 1,431,940 Huy (Charlie) La 2,295,258 76,201 1,431,940 Umesh Patel 2,309,700 61,579 1,431,940”
XMax Inc.: Reverse stock split at 1:5 ratio and reduction of authorized shares from 15,000,000 to 3,000,000 via Certificate of Change filed with Nevada Secretary of State (effective 2023-05-22).
“On May 22, 2023, the Company filed a Certificate of Change Pursuant to NRS 78.209 with the Nevada Secretary of State to effect the Reverse Stock Split, which became effective upon filing.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.