Not independent
Tenure on this board
14.4 yrs
Meeting calendar
XMAX · Special meeting · Friday, October 31, 2025
Xmax Inc
6 nominees · 3 ballot items.
Proposals include (1) increasing the authorized common stock through a Share Increase Amendment, (2) changing the name to XMax Inc. via a Name Change Amendment, and (3) granting discretionary authority to adjourn the Special Meeting to solicit additional proxies.
Market cap
$578M
1Y TSR
+553.8%
Board grade
A-
Record date
Sep 25, 2025
Filing
DEF 14A
Meeting concluded · Oct 31, 2025
Follow how the vote landed and what changed on Xmax Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
PROPOSAL NO. 1— SHARE INCREASE AMENDMENT TO THE ARTICLES OF INCORPORATION
ManagementBoard: FORIncrease the Company’s authorized shares of common stock, par value $0.001 per share, from 250,000,000 to 5,000,000,000 shares.
- 2
PROPOSAL NO. 2 – NAME CHANGE AMENDMENT TO THE ARTICLES OF INCORPORATION
ManagementBoard: FORChange the Company’s name from “Nova LifeStyle, Inc.” to “XMax Inc.”; trading symbol will change to XWIN after the change becomes effective.
- 3
PROPOSAL NO. 3 – GRANT OF DISCRETIONARY AUTHORITY TO ADJOURN THE SPECIAL MEETING
ManagementBoard: FORGrant discretionary authority to the Chairperson of the Board and CEO to adjourn the Special Meeting for the purpose of soliciting additional proxies to approve Proposals 1 and 2.
Director elections
Nominees on the ballot6
Not independent
Tenure on this board
1.0 yrs
Not independent
Tenure on this board
7.8 yrs
Not independent
Tenure on this board
8.9 yrs
Not independent
Tenure on this board
2.6 yrs
Also a director at
Northann Corp (NCL)Charlton Aria Acquisition Corp (CHAR)
Not independent
Tenure on this board
5.9 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 2.4% | 1,552,666 | $11M |
| 2 | BlackRock, Inc. | 0.9% | 543,460 | $4M |
| 3 | RENAISSANCE TECHNOLOGIES LLC | 0.7% | 461,200 | $3M |
| 4 | UBS Group AG | 0.7% | 460,029 | $3M |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 0.6% | 397,579 | $3M |
| 6 | MILLENNIUM MANAGEMENT LLC | 0.6% | 367,572 | $3M |
| 7 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.5% | 339,606 | $2M |
| 8 | VANGUARD FIDUCIARY TRUST CO | 0.4% | 264,605 | $2M |
| 9 | STATE STREET CORP | 0.3% | 193,229 | $1M |
| 10 | MARSHALL WACE, LLP | 0.3% | 171,786 | $1M |
Peers
Nearest market capOther Consumer Cyclical sector meetings6
Upcoming shareholder meetings at Xmax Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Genesco IncGCO
Annual meeting·Jul 21, 2026·$375M
Olaplex Holdings IncOLPX
Annual meeting·Jul 9, 2026·$1.4B
Capri Holdings LtdCPRI
Annual meeting·Jul 29, 2026·$2.1B
Driven Brands Holdings IncDRVN
Annual meeting·Jul 28, 2026·$2.3B
Green Brick Partners IncGRBK
Annual meeting·Jul 1, 2026·$3.5B
Cavco Industries IncCVCO
Annual meeting·Jul 28, 2026·$4.7B
Reference
Frequently asked questions
- When is the Xmax Inc 2025 special meeting?
- Xmax Inc (XMAX) holds its 2025 special shareholder meeting on Friday, October 31, 2025.
- What is the record date for the Xmax Inc 2025 meeting?
- The record date for the Xmax Inc 2025 meeting is Thursday, September 25, 2025. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Xmax Inc's 2025 meeting?
- The board is presenting 6 director nominees at the Xmax Inc 2025 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Xmax Inc 2025 meeting?
- Shareholders will vote on 3 proposals at the Xmax Inc 2025 meeting, each tagged with who proposed it and the board's recommendation.
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