Nova Lifestyle, Inc. (NVFY) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
NVFY currently has 63.6M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 598.76% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jun 02, 2026 |
8-K filing: XMax Inc. entered into a private placement agreement to sell 486,500 shares of common stock at a price of $7.347 per share for aggregate gross proceeds of $3,574,315.50. ($3.57M proceeds) |
64M | 0 |
| May 15, 2026 |
10-Q filing | 63.6M shares outstanding |
64M | 0 |
| Apr 16, 2026 |
8-K filing: XMax Inc. sold 462,500 shares of its common stock to twenty two non-U.S. person investors in a private placement at a purchase price of $6.705 per share for an aggregate offering price of $3,101,062.50. ($3.1M proceeds) |
47M | 0 |
| Apr 15, 2026 |
10-K filing | 47.2M shares outstanding |
47M | 0 |
| Mar 31, 2026 |
8-K filing: XMax Inc. entered into a Securities Purchase Agreement to sell 1,958,000 shares of common stock to StratoCore Solutions Ltd. at $3.575 per share for $6,999,850 in a private placement. ($7.0M proceeds) |
42M | 0 |
| Dec 22, 2025 |
8-K filing: XMax Inc. entered into a Securities Purchase Agreement to sell 1,187,500 shares of common stock at $4.21 per share in a registered direct offering, resulting in gross proceeds of $4,999,375. ($5.0M proceeds) |
42M | 0 |
| Nov 14, 2025 |
10-Q filing | 41.9M shares outstanding |
42M | 0 |
| Oct 14, 2025 |
8-K filing: Nova LifeStyle, Inc. entered into a Securities Purchase Agreement to sell 3,708,500 shares of common stock at $3.78 per share in a registered direct offering, resulting in gross proceeds of $14,018,130. ($14.02M proceeds) |
14M | 19M |
| Sep 04, 2025 |
8-K filing: Nova Lifestyle, Inc. completed a public offering of 9,836,054 shares of common stock and 19,672,108 warrants for gross proceeds of approximately $9.0 million. ($9.0M proceeds) |
14M | 19M |
| Aug 21, 2025 |
S-1/A filing: The company is offering up to 5,863,192 shares of common stock and up to 11,726,384 warrants to purchase common stock, for gross proceeds of up to approximately $9.0 million, and up to $21,600,000 of Common Stock underlying the Warrants. |
14M | 19M |
| Aug 14, 2025 |
10-Q filing | 13.8M shares outstanding |
14M | 13M |
| Aug 08, 2025 |
S-1/A filing: The Company agreed to sell to the Purchaser in a private placement 500,000 shares of the Company's common stock at a purchase price of $0.40 per share for an aggregate price of $200,000. |
7.3M | 20M |
| Aug 06, 2025 |
S-1/A filing: The Company agreed to sell 500,000 shares of its common stock at $0.40 per share for an aggregate price of $200,000 in a private placement. |
7.3M | 20M |
| Jul 25, 2025 |
S-1/A filing: This is an S-1/A filing for an offering of up to $9,000,000 of Common Stock and up to $21,600,000 shares of Common Stock underlying the Warrants. |
7.3M | 47M |
| Jun 27, 2025 |
S-1/A filing: The company is offering up to 13,793,103 shares of common stock and 27,586,206 warrants to purchase common stock for gross proceeds of up to approximately $8.0 million. |
14M | 54M |
| May 23, 2025 |
S-1 filing: NVFY is offering up to $8,000,000 of shares of common stock and two warrants to purchase common stock for each offering share. |
14M | 39M |
| May 15, 2025 |
10-Q filing | 13.7M shares outstanding |
14M | 13M |
| Mar 31, 2025 |
10-K filing | 13.2M shares outstanding |
13M | 13M |
| Mar 18, 2025 |
8-K filing: Nova LifeStyle, Inc. sold 500,000 shares of common stock at $0.40 per share in a private placement for gross proceeds of $200,000. ($0.2M proceeds) |
7.2M | 19M |
| Mar 04, 2025 |
8-K filing: Nova LifeStyle, Inc. issued 4,909,616 shares of common stock at US$0.65 per share to Flyguy Resources Sdn Bhd, Twenty Nine Business Solutions Sdn, Chialing Enterprise, and Macro IT Solutions SDH BHD as payment for furniture products. ($3.19M proceeds) |
7.2M | 19M |
| Feb 24, 2025 |
8-K filing: Nova LifeStyle, Inc. entered into a Debt Repayment Agreement to repay $217,000 debt to Huge Energy International Limited by issuing 434,000 shares of Common Stock at a price of $0.50 per share. ($0.22M proceeds) |
7.2M | 19M |
| Feb 11, 2025 |
8-K filing: Nova LifeStyle, Inc. sold 250,000 shares of its common stock at $0.60 per share for an aggregate price of $150,000 in a private placement. ($0.15M proceeds) |
7.2M | 19M |
| Jan 10, 2025 |
8-K filing: Nova LifeStyle, Inc. sold 250,000 shares of common stock at $0.60 per share in a private placement for gross proceeds of $150,000. ($0.15M proceeds) |
7.2M | 19M |
| Nov 19, 2024 |
S-3/A filing: This S-3/A filing relates to the resale of up to 1,310,000 shares of common stock by selling shareholders. |
7.2M | 19M |
| Nov 14, 2024 |
10-Q filing | 7.2M shares outstanding |
7.2M | 19M |
| Nov 12, 2024 |
S-3 filing: This S-3 filing relates to the resale of up to 1,310,000 shares of common stock by selling shareholders. |
3.1M | 23M |
| Oct 28, 2024 |
8-K filing: Nova LifeStyle, Inc. sold 125,000 shares of its common stock at $1.20 per share in a private placement for an aggregate price of $150,000. ($0.15M proceeds) |
3.1M | 22M |
| Oct 11, 2024 |
8-K filing: Nova LifeStyle, Inc. will issue 3,321,429 shares of common stock at US$1.40 per share to Iconic Tech SDN BHD, Onefull Technologies SDN. BHD., Skyvip SDH BHD, United Poles SDH BHD and Teclutions System SDN. BHD for the purchase of certain furniture products. ($4.65M proceeds) |
3.1M | 22M |
| Aug 14, 2024 |
10-Q filing | 3.1M shares outstanding |
3.1M | 22M |
| Aug 12, 2024 |
8-K filing: Nova LifeStyle, Inc. issued 460,000 shares of common stock at $1.20 per share to VT Conceptone as part of a Sale and Purchase Agreement for a Payment IT System, with gross proceeds of $552,000. ($0.55M proceeds) |
2.2M | 23M |
| Aug 02, 2024 |
8-K filing: Nova LifeStyle, Inc. entered into a Securities Purchase Agreement to sell 125,000 shares of common stock at $1.60 per share for $200,000 in a private placement. ($0.2M proceeds) |
2.2M | 23M |
| Jul 11, 2024 |
8-K filing: Nova LifeStyle, Inc. issued 400,000 shares of common stock at $1.65 per share to Hong Sheng Sdn Bhd for a Nova Living DesignXperience System, with the transaction completed on July 5, 2024. ($0.66M proceeds) |
2.2M | 23M |
| May 29, 2024 |
S-3 filing: Resale of up to 570,000 shares of common stock by selling shareholders. |
2.2M | 23M |
| May 21, 2024 |
8-K filing: Nova LifeStyle, Inc. completed a private placement of 200,000 shares of common stock at $2.00 per share, resulting in gross proceeds of $400,000. ($0.4M proceeds) |
2.2M | 22M |
| May 15, 2024 |
10-Q filing | 2.2M shares outstanding |
2.2M | 22M |
| Apr 15, 2024 |
10-K filing | 2.3M shares outstanding |
2.3M | 22M |
| Jan 26, 2024 |
8-K filing: Nova LifeStyle, Inc. subsidiary Nova Malaysia will purchase an AI-Calculation Engine System from ATS Brand for $750,000, paid in 300,000 shares of common stock at $2.5 per share. ($0.75M proceeds) |
1.5M | 23M |
| Nov 22, 2023 |
8-K filing: Nova LifeStyle, Inc. issues 270,000 shares of common stock at $2.5 per share to Web 3.0 in exchange for an IT System, with the shares issued under Regulation S exemption. ($0.68M proceeds) |
1.5M | 23M |
| Nov 14, 2023 |
10-Q filing | 1.5M shares outstanding |
1.5M | 23M |
| Oct 13, 2023 |
S-3 filing: Nova LifeStyle, Inc. files an S-3 form to offer shares of its common stock, preferred stock, warrants and units up to an aggregate initial offering price of $55,000,000. |
1.5M | 23M |
| Oct 10, 2023 |
RW filing: Nova LifeStyle, Inc. requests the withdrawal of its Registration Statement on Form S-1 (File No. 333-268939) due to current capital market conditions and consideration of other alternatives. |
1.5M | 130K |
| Aug 14, 2023 |
10-Q filing | 1.5M shares outstanding |
1.5M | 130K |
| May 22, 2023 |
Stock Split
8-K filing: Stock split 1-for-5 | Outstanding: 7,170,060 → 1,434,012 |
1.4M | 150K |
| May 15, 2023 |
10-Q filing | 7.2M shares outstanding |
7.2M | 740K |
| Apr 17, 2023 |
10-K filing | 6.9M shares outstanding |
6.9M | 980K |
| Dec 22, 2022 |
S-1 filing: This S-1 filing, dated December 22, 2022, is subject to completion and proposes an offering of up to $5,000,000 in common stock, common warrants, and pre-funded warrants. |
6.9M | 1M |
| Nov 18, 2022 |
10-Q filing | 6.9M shares outstanding |
6.9M | 1M |
| Aug 12, 2022 |
10-Q filing | 6.9M shares outstanding |
6.9M | 1.1M |
| May 31, 2022 |
S-3/A filing: The filing relates to the registration of shares of common stock issuable upon exercise of outstanding warrants sold in a private placement. |
6.8M | 1.1M |
| May 23, 2022 |
S-3/A filing: Nova LifeStyle, Inc. sold 1,114,508 shares of common stock at $2.80 per share and warrants to purchase 1,114,508 shares of common stock in a registered direct shelf takedown for aggregate gross proceeds of approximately $3.1 million. |
6.8M | 2.1M |
| May 13, 2022 |
10-Q filing | 6.8M shares outstanding |
6.8M | 2.1M |
| Apr 26, 2022 |
S-3/A filing: Nova LifeStyle, Inc. sold 1,114,508 shares of common stock at $2.80 per share and warrants to purchase 1,114,508 shares of common stock in a registered direct shelf takedown for gross proceeds of approximately $3.1 million. |
6.8M | 2.1M |
| Apr 08, 2022 |
10-K filing | 6.8M shares outstanding |
6.8M | 2.1M |
| Nov 24, 2021 |
S-3 filing: Nova LifeStyle, Inc. sold 1,114,508 shares of common stock at a price of $2.80 per share and warrants to purchase 1,114,508 shares of common stock for aggregate gross proceeds of approximately $3.1 million. |
6.7M | 2.2M |
| Nov 15, 2021 |
10-Q filing | 6.7M shares outstanding |
6.7M | 0 |
| Aug 16, 2021 |
10-Q filing | 6.7M shares outstanding |
6.7M | 0 |
| Jul 26, 2021 |
8-K filing: Nova LifeStyle, Inc. sold 1,114,508 shares of common stock and warrants to purchase 1,114,508 shares of common stock to institutional investors at $2.80 per share, resulting in gross proceeds of approximately $3.1 million. ($3.12M proceeds) |
5.6M | 0 |
| May 17, 2021 |
10-Q filing | 5.6M shares outstanding |
5.6M | 8.2K |
| Mar 29, 2021 |
10-K filing | 5.7M shares outstanding |
5.7M | 0 |
| Nov 20, 2020 |
10-Q filing | 5.6M shares outstanding |
5.6M | 0 |
| Oct 08, 2020 |
S-3 filing: The company may offer common stock, preferred stock, warrants, and units with an aggregate initial offering price not to exceed $60,000,000. |
5.5M | 29K |
| Aug 14, 2020 |
10-Q filing | 5.6M shares outstanding |
5.6M | 0 |
| Jul 06, 2020 |
10-Q filing | 5.6M shares outstanding |
5.6M | 0 |
| May 12, 2020 |
10-K filing | 5.7M shares outstanding |
5.7M | 0 |