Nova LifeStyle, Inc. 8-K Report: Key Updates for Shareholders (Feb 2025)

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:
- Entity Information:
- Company Name: Nova LifeStyle, Inc.
- CIK: 0001473334 (Central Index Key assigned by SEC)
- Business Address: 6565 E. Washington Blvd., Commerce, CA 90040
- Contact Number: (323) 888-9999
- SEC Filing Details:
- Filing Type: 8-K (A current report used to disclose important events that shareholders should know about)
- Filing Date: February 20, 2025
- SEC File Number: 001-36259
- Employer Identification Number (EIN): 90-0746568
- Stock Information:
- Common Stock: The company is reporting on its common stock.
- Par Value: $0.001 per share.
- Stock Symbol: NVFY (traded on NASDAQ).
- Financial Reporting Context:
- Report Date: The financial data is as of February 20, 2025.
- Report Units: The financial measures are represented in USD (United States Dollar) and shares.
- Key Metrics:
- The document specifies that calculations involve a division of USD by shares, although specific numerical values are not provided in this section.
Insights:
- This filing indicates that Nova LifeStyle, Inc. is likely disclosing significant events or updates that could impact shareholders or the market.
- The par value of the common stock is very low, which may suggest a strategy focused on attracting retail investors or reflects the company's growth stage.
- The presence of an 8-K filing suggests that there may be noteworthy developments or changes that investors should monitor closely.
Conclusion:
This financial report section provides essential details for stakeholders in Nova LifeStyle, Inc. regarding its corporate identity, stock details, and regulatory compliance. Further analysis of the complete 8-K filing would be necessary to understand the specific events or changes being reported.