XMax Inc. Enters $5M Convertible Note Agreement with Billiongold Holding
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
0mins
Source: Newsfilter
- Financing Agreement: On November 18, 2025, XMax entered into a Convertible Promissory Note Purchase Agreement with Billiongold Holding, issuing a $5 million note with a 36-month maturity and a 6% annual interest rate, which will provide essential funding to support the company's operations and expansion.
- Conversion Terms: The note can be converted into common stock at a price of $7.80 per share prior to repayment, enhancing investor flexibility while potentially allowing the company to adjust its capital structure in the future.
- Regulatory Compliance: This transaction is exempt from registration under Regulation S of the U.S. Securities Act of 1933, ensuring compliance and reducing legal risks during the financing process, thereby boosting investor confidence.
- Market Positioning: As a well-established distributor of contemporary furniture, XMax continues to monitor market trends through partnerships with global retailers and e-commerce platforms, and this financing is expected to further strengthen its position in the highly competitive furniture market.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy XWIN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on XWIN
About XWIN
XMax Inc., formerly Nova LifeStyle, Inc., is a designer and distributor of modern lifestyle furniture, primarily sofas, dining room furniture, cabinets, office furniture and related components, bedroom furniture and various accessories, in matching collections. The Company’s product lines include the Nova Brands and Diamond Sofa (www.diamondsofa.com). Its products feature urban contemporary styles that integrate comfort and functionality, incorporating upscale luxury designs which appeal to middle and upper middle-income consumers in the United States, China, Southeast Asia, and elsewhere in the world. Its product lines feature upholstered, wood and metal-based furniture pieces. The Company classifies its products by room, designation or series, such as living room, dining room, bedroom and home office series, and by category or product types, such as sofas, chairs, dining tables, beds, entertainment consoles, cabinets and cupboards.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ZIM Integrated Shipping Services Shares Rise 7.29% on Acquisition Proposals
- Acquisition Proposal Boost: ZIM Integrated Shipping Services' shares rose 7.29% after receiving multiple acquisition proposals, which could potentially alter the company's shareholder structure and market positioning.
- Strong Market Performance: According to Benzinga's Edge Stock Rankings, ZIM maintains a strong price trend over the short, medium, and long terms, indicating market confidence in its future growth potential.
- Industry Dynamics Analysis: The stock's rise reflects investor optimism regarding a recovery in the shipping industry, particularly against the backdrop of global trade resumption.
- Financial Health Status: ZIM's solid financial condition allows it to actively seek strategic acquisition opportunities to enhance its market competitiveness and expand its business scope.
Continue Reading
ZIM Integrated Shipping Services Receives Acquisition Proposals, Shares Surge 11.7%
- Acquisition Proposals Surge: ZIM Integrated Shipping Services shares surged 11.7% to $22.20 in after-hours trading as the company evaluates multiple acquisition proposals, indicating strong market confidence in its future prospects.
- Positive Market Reaction: The significant rise in ZIM's stock price following the announcement reflects investor recognition of the company's potential value, which may attract further investor interest in its subsequent developments.
- Financial Performance Expectations: Despite the positive market reaction to ZIM's acquisition proposals, analysts anticipate the company will report a quarterly loss of 10 cents per share on revenue of $35.25 million, which could exert some pressure on future stock prices.
- Increased Industry Competition: The acquisition proposals for ZIM have sparked market interest, potentially prompting other shipping companies to take action to enhance their competitiveness, thereby influencing the dynamics and investor confidence across the entire industry.
Continue Reading