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 28, 2021

 

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 5.07

Submission of Matters to a Vote of Security Holders.

 

On May 28, 2021, Nova LifeStyle, Inc., a Nevada corporation (the “Company”), held its 2021 Annual Meeting of Shareholders. A quorum was present at the meeting as required by the Amended and Restated Bylaws, as amended, of the Company. The final voting results of the matters submitted to a shareholder vote at the meeting are as follows:

 

Proposal 1: Election of Directors

 

The following five individuals were elected to the Board of Directors of the Company to serve as directors until the 2022 Annual Meeting of Shareholders and until their successors have been duly elected and qualified by votes as follows:

 

Nominees

 

Votes 

Cast For

   

Votes

Withheld

   

Broker

Non-Votes

 

Min Su

    2,369,064       25,881       1,054,787  

Thanh H. Lam

    2,370,164       24,781       1,054,787  

Ming-Cherng Sky Tsai

    2,370,029       24,916       1,054,787  

Huy (Charlie) La

    2,370,139       24,806       1,054,787  

Umesh Patel

    2,370,354       24,591       1,054,787  

 

Proposal 2: Approval and Ratification of the Appointment of Centurion ZD CPA & Co. as the Companys Independent Registered Public Accounting Firm 

 

The shareholders approved and ratified the appointment of Centurion ZD CPA & Co. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021, as follows:

 

 

For

   

Against

   

Abstain

   

Broker Non-Votes

 
    3,378,415       64,918       6,399       N/A  

 

Proposal 3: Advisory Vote on the Compensation of Named Executive Officers

 

The shareholders approved, on an advisory, non-binding basis, the compensation of our named executive officers as follows:

 

 

For

   

Against

   

Abstain

   

Broker Non-Votes

 
    2,308,372       84,188       2,385       1,054,787  

 

Proposal 4: Adoption and Approval of the Nova LifeStyle, Inc. 2021 Omnibus Equity Plan

 

The shareholders adopted and approved the Nova LifeStyle, Inc. 2021 Omnibus Equity Plan as follows:

 

 

For

   

Against

   

Abstain

   

Broker Non-Votes

 
    2,212,139       180,341       2,465       1,054,787  

 

 

 

 

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, President and Chief Executive Officer

     

 

Date: June 1, 2021

 

 

 

 

 
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