IPO - Nova Lifestyle, Inc.
Form Type: S-1
Filing Date: 2025-05-23
Corporate Action: Ipo
Type: New
Accession Number: 000164117225012269
Filing Summary: Nova LifeStyle, Inc., a U.S.-based company specializing in the design and marketing of contemporary residential and commercial furniture, has filed a registration statement on Form S-1 with the SEC to offer shares of its common stock, proposing to raise up to $8,000,000. The offering includes up to 19,200,000 shares of common stock underlying warrants, with a set exercise price of 120% of the offering price. The company is actively seeking to regain compliance with Nasdaq listing requirements following a notification that its stock price had fallen below the minimum bid price of $1.00. The disclosure includes information about the company’s history, product offerings, risks associated with the business, and its expansion plans, particularly in response to increasing global demand for contemporary furniture.
Additional details:
Company Name: Nova LifeStyle, Inc.
Proposed Offering Amount: 8000000
Number Of Warrants: 19200000
Common Stock Par Value: 0.001
Placement Agent: American Trust Investment Services, Inc.
Minimum Bid Price Requirement: 1
Compliance Period End: 2025
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