XMax Inc. (Formerly Nova LifeStyle, Inc.) Corporate Action Summary
Nova LifeStyle, Inc. completed material corporate actions effective November 3, 2025, officially rebranding as XMax Inc. (CEO: Xiaohua Lu). The primary action involves a significant capital structure change: the number of authorized common shares increased twenty-fold, from 250,000,000 to 5,000,000,000 shares, creating substantial potential for future equity dilution.
Governance and Structural Updates (Exhibits 3.1, 3.2, 3.3): The Second Amended and Restated Bylaws (Exhibit 3.3) establish new governance parame
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