UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
Nova LifeStyle, Inc. (the “Company”) held a special meeting of stockholders on May 22, 2025 (the “Special Meeting”).
At the Special Meeting, the Company’s stockholders approved the following proposal set forth in the Company’s definitive proxy statement for the Special Meeting filed with the Securities and Exchange Commission on April 25, 2025. The following is a tabulation of the voting on the proposal presented at the Special Meeting:
Proposal No.1 — to approve of the issuance of (i) our common stock, in one or more offerings, where the maximum discount at which our common stock will be offered will be equivalent to a discount of 50% below the closing price of our common stock on the date prior to the closing of each offering; and (ii) warrants to purchase shares of our common stock and shares of our common stock issuable upon exercise thereof, in one or more offerings, where the maximum discount at which our common stock will be offered will be equivalent to a discount of 40% below the closing price of our common stock on the date prior to the closing of each offering. The voting results were as follows:
FOR | AGAINST | ABSTAIN | BROKER NON-VOTE | |||
6,445,338 | 16,802 | 1,952 | 0 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Nova LifeStyle, Inc. | ||
By: | /s/ Xiaohua Lu | |
Xiaohua Lu | ||
Chief Executive Officer |
Date: May 27, 2025