Appointed
Xiaohua Lu
Chief Executive Officer
XWIN ·
XMax Inc.
On April 21, 2025, the Board appointed Mr. Xiaohua Lu as the Chief Executive Officer of the Company.
Ready 8-Ks
38
Latest filing
May 06, 2026 23:59 UTC
Top materiality
0.75
Event mix
other_material ×22 · leadership ×8 · debt ×3
Sentiment
4 pos · 3 neg · 31 neu
Executive change
recent →
Recent 8-K filings for XWIN
Highest-materiality recent filing
XMax raises $31.1M via private placement of 8.55M shares at $3.64 each (50% discount)
- Sold 8,550,000 shares at $3.64/share (50% of April 23 close) for $31,122,000 to six non-U.S. investors.
- Shares issued under Regulation S; 60-month lock-up unless stock price reaches $10 after 6 months.
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XMax raises $31.1M via private placement of 8.55M shares at $3.64 each (50% discount)
Sold 8,550,000 shares at $3.64/share (50% of April 23 close) for $31,122,000 to six non-U.S. investors.
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XMax subsidiary signs $4.8M/month cloud & AI services agreement with SuperX AI
XMax AI Inc., subsidiary of XMax Inc., entered cloud services agreement with SuperX AI Technology USA on April 22, 2026.
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XMax raises $3.1M via private placement of 462,500 shares at $6.705/share
Company sold 462,500 shares to 22 non-U.S. investors at $6.705/sh for ~$3.1M.
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XMax Inc. raises $7M via discounted private placement; 60-month lock-up
Private placement of 1,958,000 shares at $3.575/share (50% of prior close) for aggregate $6,999,850.
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XMax Inc. board approves strategic expansion into AI, plans new tech business lines
Will enter AI software/hardware, cloud/GPU compute, AI model orchestration, and enterprise AI agents.
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XMax raises $35.96M via registered direct offering of 8.5M shares at $4.23/share
8,500,000 shares sold at $4.23 per share, aggregate gross proceeds of $35,955,000.
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XMax subsidiary invests $3.05M in fund holding xAI Series B Preferred Stock
Xmax Beta Holdings subscribed $3,048,774 to increase its interest in Preamble X Capital I to ~99.9%.
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XMax Inc. lends $5.3M to Joycheer Trade Limited at 6% interest, one-year term
Loan of $5.3 million to Hong Kong-based Joycheer Trade Limited at 6% annual interest.
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XMax subsidiary invests $5.4M in fund to acquire xAI shares; prior $3M xAI investment closed
Xmax Beta Holdings, a wholly owned XMax Inc. subsidiary, subscribed $5,375,000 to Preamble X Capital I, increasing its interest to ~99.9%.
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XMax Inc. unit invests $8.46M in xAI via Preamble X Capital I subscription
Xmax Beta Holdings subscribed 99.88% interest in Preamble X Capital I for $8,461,428.80.
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XMax Inc. completes acquisition of 39.7% interest in fund holding SpaceX shares for $5.6M
On Nov. 24, 2025, Xmax Alpha Holdings (subsidiary of XMax Inc.) completed acquisition of 39.7% interest in a fund holding SpaceX shares.
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Nova LifeStyle shareholders approve 20x increase in authorized shares and name change to XMax Inc.
Authorized common shares increased from 250,000,000 to 5,000,000,000; effective Nov 3, 2025.
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Nova LifeStyle subsidiary invests $5.6M in fund to acquire SpaceX common stock
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.
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Nova LifeStyle raises $14M in registered direct offering of 3.7M shares at $3.78/share
Entered into Securities Purchase Agreement to sell 3,708,500 shares at $3.78 each.
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Nova LifeStyle subsidiary acquires ~6.67% stake in fund holding 353,772 SpaceX shares for $5.66M
Subsidiary Nova Furniture Limited closed subscription for 99.815% of Preamble Capital for $5,664,500.05.
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Nova LifeStyle subsidiary invests $5.66M in fund holding SpaceX shares
Nova Furniture Limited subscribes 99.815% interest in Preamble Capital for $5,664,500.05.
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Nova Lifestyle closes $9M best-efforts public offering of stock and warrants
Gross proceeds of ~$9.0M from sale of 9.84M shares and 19.67M warrants at $0.915/unit.
Executive changes
Departed
Thanh H. Lam
Chief Executive Officer and President
XWIN ·
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.
Materiality & sentiment trend
Max materiality 0.75 · Median 0.55 · Most common event other_material