Nova LifeStyle Announces Forming of a Special Committee to Consider Certain Preliminary Inquiries to Invest in the Company
Nova LifeStyle Announces Forming of a Special Committee to Consider Certain Preliminary Inquiries to Invest in the Company PR Newswire LOS ANGELES, June 30, 2015 LOS ANGELES , June 30, 2015 /PRNewswire/ — Nova LifeStyle, Inc. (NASDAQ: NVFY ) (“Nova LifeStyle” or the “Company”), a U.S.-based, innovative designer, manufacturer and distributor of modern LifeStyle furniture, today announced that the Company’s Board of Directors (the “Board”) formed a special committee (the “Special Committee”) on June 24, 2015 to consider potential opportunities following the receipt of inquiry letters from certain funds and securities industry firms that have indicated an interest in investing in the Company. […]