Nova LifeStyle Reschedules Fourth Quarter and Year End Financial Results
12 April 2017 - 10:05PM
Nova LifeStyle, Inc. (NASDAQ:NVFY) or (the
“Company”), a U.S. based fast-growing, innovative provider of
modern lifestyle products and services today announced that the
Company is expected to file its Annual Report on Form 10-K for the
year ended December 31, 2016 ("Form 10-K") as soon as possible but
no later than the fifteenth calendar day following the due date as
available to the Company from the extension (April 17, 2017).
The Company needed additional time to prepare
its annual report on Form 10-K in relation to the Company’s sale of
China based assets in 2016, but does not anticipate any material
changes on its operating results for the fourth quarter and year
ended December 31, 2016. The audit is substantially completed
but the auditor requires additional time to complete their final
review procedures and deliver their audit opinion.
The Company expects to issue the press release
announcing these results concurrent to the filing of the Form
10-K.
About Nova LifeStyleNova
LifeStyle, Inc., a NASDAQ Global Market listed company
headquartered in California, is a fast growing,
innovative designer, manufacturer and distributor of modern
LifeStyle furniture; primarily sofas, dining rooms, cabinets,
office furniture and related components, bedrooms, and various
accessories in matching collections. Nova LifeStyle also owns
and operates Nova-Mart, www.nova-mart.com, a Blockchain technology
based transaction platform that offers a large variety of products
and services to millions of customers worldwide. Visit Nova's
website: www.NovaLifeStyle.com.
Safe Harbor StatementAll
statements in this press release that are not historical are
forward-looking statements made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
There can be no assurance that actual results will not differ from
the company's expectations. You are cautioned not to place undue
reliance on any forward-looking statements in this press release as
they reflect Nova's current expectations with respect to future
events and are subject to risks and uncertainties that may cause
actual results to differ materially from those contemplated.
Potential risks and uncertainties include, but are not limited to,
the risks described in Nova's filings with the Securities and
Exchange Commission.
Company Contact:
Investor Relations:
The Equity Group Inc.
In U.S.
Adam Prior, Senior Vice President
+1 (212) 836-9606
aprior@equityny.com
In China
Katherine Yao, Senior Associate
+86-10-6587-6435
kyao@equityny.com
Nova Lifestyle (NASDAQ:NVFY)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Nova Lifestyle (NASDAQ:NVFY)
Historical Stock Chart
Von Jul 2023 bis Jul 2024