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LOS ANGELES, April 08, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ:XWIN) ("XMax" or the "Company") today announced a key milestone in its artificial intelligence ("AI") strategy with the deployment of an AI inference platform, further advancing its expansion toward a software-driven and platform-based AI business. XMax AI Inc., a wholly owned subsidiary of the Company ("XMax AI"), has entered into an agreement with CLOUD ALLIANCE INC to develop and deploy a cloud-based AI inference platform to the Amazon Web Services (AWS) cloud environment designated by XMax AI. The platform is designed to support scalable AI application development, multi-model integration, and potential commercial deplo
LOS ANGELES, April 06, 2026 (GLOBE NEWSWIRE) -- XMax Inc (NASDAQ:XWIN, "XMax" or the "Company")) today announced that, further to its Board's approval of strategic expansion into artificial intelligence ("AI") as previously announced on March 24, 2026, the Company has formally established a wholly owned subsidiary, XMax AI Inc., on April 2, 2026, marking a significant milestone in the Company's strategic expansion into the AI area for technology-driven growth. As previously disclosed, XMax's Board of Directors approved a strategic initiative to expand into the AI sector. The formation of XMax AI Inc. represents the first operational step in executing this strategy and reflects the Company
LOS ANGELES, March 24, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ:XWIN, "XMax" or the "Company")) today announced that its Board of Directors has approved a strategic expansion into artificial intelligence ("AI") while continuing to operate and develop its existing furniture business. The initiative is designed to diversify revenue streams and position the Company for long-term growth amid challenging conditions in the furniture market. Under the new strategy, XMax plans to enter several high-growth AI segments, including AI software and hardware development, cloud and GPU compute infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment. The Company ex
LOS ANGELES, Nov. 26, 2025 (GLOBE NEWSWIRE) -- XMax Inc., a Nevada corporation ("XMax" or the "Company") (NASDAQ:XWIN) today announced that the Company, through its indirectly wholly owned subsidiary, has invested approximately US$5.60 million to subscribe 99.82% interest in Preamble Capital I, A Series of CGF2021 LLC. On November 24, 2025, Preamble Capital I completed the acquisition of 39.7% interest in a certain fund which holds 55,629 shares of Class A Common Stock and 3,781 shares of Class C Common Stock of Space Exploration Technologies Corp., a Texas corporation ("SpaceX"). About XMax Inc. Headquartered in Commerce, California, XMax Inc., formerly known as Nova LifeStyle Inc., is
LOS ANGELES, Nov. 24, 2025 (GLOBE NEWSWIRE) -- XMax Inc., a Nevada corporation ("XMax" or the "Company") (NASDAQ:XWIN) today announced that on November 18, 2025, it entered into a Convertible Promissory Note Purchase Agreement with Billiongold Holding Limited, pursuant to which the Company issued a convertible promissory note in the principal amount of US$5,000,000. The note matures 36 months after funding, bears interest at 6% per annum, and is convertible at the holder's option into shares of the Company's common stock at a price of US$7.80 per share at any time prior to repayment in full. The note was issued in a transaction exempt from registration under Regulation S under the U.S. S
LOS ANGELES, Nov. 14, 2025 (GLOBE NEWSWIRE) -- XMax Inc. ("Xmax" or the "Company") (NASDAQ:XWIN), today announced its unaudited financial results for the three months ended September 30, 2025. Operating Results for the Three Months ended September 30, 2025 Net Sales grew by 273% to $9.76 million from $2.62 million in the same period of 2024.Gross profit was $0.98 million, compared to $1.18 million in the same period of 2024.Net loss was $1.13 million, compared to a net loss of $2.47 million in the same period of 2024. Operating Results for the Nine Months Ended September 30, 2025: Net Sales grew by 95% to $14.95 million from $7.68 million in the same period of 2024.Gross profit was $3.
8-K - XMax Inc. (0001473334) (Filer)
NT 10-K - XMax Inc. (0001473334) (Filer)
8-K - XMax Inc. (0001473334) (Filer)
8-K - XMax Inc. (0001473334) (Filer)
8-K - XMax Inc. (0001473334) (Filer)
424B5 - XMax Inc. (0001473334) (Filer)
8-K - XMax Inc. (0001473334) (Filer)
8-K - XMax Inc. (0001473334) (Filer)
8-K - XMax Inc. (0001473334) (Filer)
8-K - XMax Inc. (0001473334) (Filer)
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LOS ANGELES, Nov. 26, 2025 (GLOBE NEWSWIRE) -- XMax Inc., a Nevada corporation ("XMax" or the "Company") (NASDAQ:XWIN) today announced that the Company, through its indirectly wholly owned subsidiary, has invested approximately US$5.60 million to subscribe 99.82% interest in Preamble Capital I, A Series of CGF2021 LLC. On November 24, 2025, Preamble Capital I completed the acquisition of 39.7% interest in a certain fund which holds 55,629 shares of Class A Common Stock and 3,781 shares of Class C Common Stock of Space Exploration Technologies Corp., a Texas corporation ("SpaceX"). About XMax Inc. Headquartered in Commerce, California, XMax Inc., formerly known as Nova LifeStyle Inc., is