Form 8-K - Current report
07 September 2023 - 6:15AM
Edgar (US Regulatory)
0001473334
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--12-31
0001473334
2023-08-31
2023-08-31
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 31, 2023
Nova
LifeStyle, Inc.
(Exact
name of registrant as specified in its charter)
Nevada |
|
001-36259 |
|
90-0746568 |
(State
or Other Jurisdiction |
|
(Commission |
|
(I.R.S.
Employer |
of
Incorporation) |
|
File
Number) |
|
Identification
No.) |
6565
E. Washington Blvd., Commerce, CA 90040
(Address
of Principal Executive Office) (Zip Code)
(323)
888-9999
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.001 per share |
|
NVFY |
|
Nasdaq
Stock Market |
Item
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
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. The Amendment was approved by the Company’s Board
of Directors (the “Board”) on June 28, 2023 and by the shareholders at a special meeting of the Company’s shareholders
held on August 31, 2023. The Amendment does not affect the rights of the Company’s shareholders and was effective immediately upon
filing.
A
copy of the Certificate of Change, as filed with the Nevada Secretary of State, is filed herewith as Exhibit 3.1 and is incorporated
herein by reference.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On
August 31, 2023, the Company held a special meeting of the stockholders (the “Meeting”). A quorum was present at the
Meeting and shareholders: (i) approved an amendment to the Articles of Incorporation of the Company to increase the total number of its
authorized shares of common stock, par value $0.001 per share, from 3,000,000 shares to 250,000,000 shares (“Amendment to Articles
of Incorporation”); (ii) approved and adopted the Nova LifeStyle, Inc. 2023 Omnibus Equity Plan; and (iii) approve to grant
discretionary authority to the Company’s Chairperson of the Board of Directors to adjourn the Meeting for the purpose of soliciting
additional proxies to approve the proposals (i) and (ii).
The
final voting results of the matters submitted to a shareholder vote at the Meeting are as follows:
Proposal
1: Approval of Amendment to Articles of Incorporation
For | |
Against | |
Abstain |
| 484,339 | | |
| 31,736 | | |
| 462 | |
Proposal
2: Approval and adoption of the Nova LifeStyle, Inc. 2023 Omnibus Equity Plan
For | |
Against | |
Abstain |
| 485,540 | | |
| 30,513 | | |
| 484 | |
Proposal
3: Approval of Grant of Discretionary Authority to Chairperson of the Board
For | |
Against | |
Abstain |
| 484,473 | | |
| 31,469 | | |
| 595 | |
Item
9.01 Financial Statements and Exhibits
(d) Exhibits
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/
Thanh H. Lam |
|
|
Thanh
H. Lam |
|
|
Chairperson,
President and Chief Executive Officer |
Date:
September 6, 2023
Exhibit 3.1
v3.23.2
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