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    Nova Lifestyle Inc. filed SEC Form 8-K: Other Events

    5/28/25 8:20:33 AM ET
    $NVFY
    Home Furnishings
    Consumer Discretionary
    Get the next $NVFY alert in real time by email
    false 0001473334 0001473334 2025-05-27 2025-05-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    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): May 27, 2025

     

    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 8.01 Other Events.

     

    On May 27, 2025, Nova LifeStyle, Inc. (the “Company”) received a written notification from the NASDAQ Stock Market Listing Qualifications Staff indicating that the Company has regained compliance with the $1.00 minimum closing bid price requirement for continued listing on the NASDAQ Capital Market pursuant to NASDAQ Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) and that the matter is now closed.

     

    The closing bid price of the Company’s common stock has been at $1.00 per share or greater for the last 20 consecutive business days from April 25 to May 23, 2025. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement.

     

     

     

     

    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 of the Board

     

    Date: May 28, 2025

     

     

     

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