SEC Form SC 13G filed by Nova Lifestyle Inc.

8/28/24 4:16:10 PM ET

$NVFY

Home Furnishings

Consumer Discretionary

Get the next $NVFY alert in real time by email

SC 13G 1 formsc13g.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

Under the Securities Exchange Act of 1934

(Amendment No. )*

Nova lifestyle inc.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

66979P300

(CUSIP Number)

July 30, 2024

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

	☐	Rule 13d-1(b)

	☒	Rule 13d-1(c)

	☐	Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

1	Name of Reporting Person
1	Huge Energy International Limited
2	Check the Appropriate Box if a Member of a Group
2	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or place of organization
4	Hong Kong

Number of Shares Beneficially Owned by Each Reporting Person With:	5	Sole Voting Power
		325,000
	6	Shared Voting Power
		0
	7	Sole Dispositive Power
		325,000
	8	Shared Dispositive Power
		0

9	Aggregate Amount Beneficially Owned by Each Reporting Person
	325,000
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
	☐
11	Percent of Class Represented by Amount in Row (9)
	10.5% ⁽¹⁾
12	Type of Reporting Person
	CO

(1)	Based on a total of 3,084,735 shares of Common Stock outstanding as of August 12, 2024, as reported by the Issuer in its Form 10-Q filed with SEC on August 14, 2024.

1	Name of Reporting Person
1	Ng Man Shek
2	Check the Appropriate Box if a Member of a Group
2	(a) ☐ (b) ☐
3	SEC Use Only
4	Citizenship or place of organization
4	Hong Kong

Number of Shares Beneficially Owned by Each Reporting Person With:	5	Sole Voting Power
		325,000⁽²⁾
	6	Shared Voting Power
		0
	7	Sole Dispositive Power
		325,000⁽²⁾
	8	Shared Dispositive Power
		0

9	Aggregate Amount Beneficially Owned by Each Reporting Person
	325,000⁽²⁾
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
	☐
11	Percent of Class Represented by Amount in Row (9)
	10.5% ⁽³⁾
12	Type of Reporting Person
	IN

(2)	In his capacity as the sole shareholder and director of Huge Energy International Limited.
(3)	Based on a total of 3,084,735 shares of Common Stock outstanding as of August 12, 2024, as reported by the Issuer in its Form 10-Q filed with SEC on August 14, 2024.

Item 1(a).	Name of Issuer:

	Nova LifeStyle Inc. (the “Issuer”)

Item 1(b).

Address of Issuer’s Principal Executive Offices:

6565 E. Washington Blvd., Commerce, CA, 90040

Item 2(a).

Name of Person Filings:

Huge Energy International Limited.

Ng Man Shek

Item 2(b).	Address of Principal Business Office, or, if none, Residence:
	Huge Energy International Limited
	Address: Unit B 19/F, Hillier Commercial Building 89-91 Wing Lok St, Sheung Wan, Hong Kong Ng Man Shek Address: Unit B 19/F, Hillier Commercial Building 89-91 Wing Lok St, Sheung Wan, Hong Kong
Item 2(c).	Citizenship:

	Huge Energy International Limited: Hong Kong Ng Man Shek: Hong Kong
Item 2(d).	Title of Class of Securities:

	Common Stock, $0.001 par value.

Item 2(e).	CUSIP No.:

	66979P300
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d -2(b) or (c), check whether the persons filing is a:

	Not applicable

Item 4.	Ownership:

	Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

	Amount beneficially owned		Percent of class (1)			Sole power to vote or direct the vote		Shared power to vote or to direct the vote		Sole power to dispose or to direct the disposition of		Shared power to dispose or to direct the disposition of
Huge Energy International Limited		325,000		10.5	%		325,000		0		325,000		0
Ng Man Shek⁽²⁾		325,000		10.5	%		325,000		0		325,000		0

(1)	Based on a total of 3,084,735 shares of Common Stock outstanding as of August 12, 2024, as reported by the Issuer in its Form 10-Q filed with SEC on August 14, 2024.
(2)	In his capacity as the sole shareholder and director of Huge Energy International Limited.

Item 5.	Ownership of Five Percent or Less of a Class:

	Not applicable

Item 6.	Ownership of More than Five Percent on Behalf of Another Person:

	Not applicable

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

	Not applicable

Item 8.	Identification and Classification of Members of the Group:

	Not applicable

Item 9.	Notice of Dissolution of Group:

	Not applicable

Item 10.	Certifications:

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a–11.

LIST OF EXHIBITS

Exhibit No.		Description

99.1		Joint Filing Agreement

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: August 28, 2024

	Huge Energy International Limited

	By:	/s/ Ng Man Shek
	Name:	Ng Man Shek
	Title:	Director

	Ng Man Shek

	By:	/s/ Ng Man Shek
	Name:	Ng Man Shek

Get the next $NVFY alert in real time by email

SEC Form SC 13G filed by Nova Lifestyle Inc.

Chat with this insight

Recent Analyst Ratings for
$NVFY

$NVFY
Large Ownership Changes

This live feed shows all institutional transactions in real time.