#United States #New York #Investment Services #American Trust #Nova LifeStyle

American Trust Investment Services Executes $9 Million Follow-On Offering for Nova LifeStyle, Inc.

New York, September 5, 2025 – In a significant move within the investment landscape, American Trust Investment Services, Inc. (ATIS) proudly announces its role as the exclusive placement agent for Nova LifeStyle, Inc. (NASDAQ: NVFY) during its recent follow-on public offering. The transaction was marked by the issuance of 9,836,054 shares of common stock along with 19,672,108 warrants, collectively generating $9 million in gross proceeds before fees and offering expenses.

Each share of stock was bundled with two five-year warrants, exercisable at a price of $1.098, reflecting 120% of the public offering price. Notably, these securities were simultaneously sold together but issued independently upon closing, a testament to the dynamic structure of this transaction.

Strategic Use of Proceeds

Nova LifeStyle, a U.S.-based innovator in modern lifestyle furniture design and marketing under brands like Nova Brands and Diamond Sofa, plans to deploy the net proceeds from this offering chiefly for working capital, promotional strategies, the repayment of short-term debts, and general corporate uses. This type of strategic financial maneuvering showcases the company’s commitment to accelerating its growth trajectory.

Leadership Insights

James F. Dever, the Chief Executive Officer of ATIS, articulated the firm's dedication to partnering with innovative growth-focused companies:

“At ATIS, we are committed to being strategic execution partners for innovative companies positioned for growth. Nova LifeStyle's leadership and operational focus made this offering an exciting opportunity to support a dynamic consumer-facing business.”

This sentiment was echoed by Ian E. Lippy, the Chief Operating Officer of ATIS, who noted the strength of the ATIS team in enhancing its presence within domestic capital markets. Lippy stated,

“We are proud to have played a role in Nova LifeStyle's growth strategy and look forward to their continued success.”

With this transaction, American Trust is steadily expanding its reputation in the small and mid-cap markets, offering tailored investment banking services for both emerging and established public companies.

About American Trust Investment Services

American Trust Investment Services, Inc. (ATIS) stands as a premier investment bank and financial service provider, offering bespoke capital market solutions tailored to high-growth enterprises. With its headquarters in Chicago and a strong network across the United States, ATIS excels in investment banking, brokerage, and advisory roles.

The firm has gained recognition for its strategic focus on underwriting, distribution, and capital procurement, ensuring that their clients remain at the forefront of innovation and market dynamics.

For further information, one can explore their services at www.amtruinvest.com.

In Conclusion

This follow-on offering exemplifies the burgeoning potential within the consumer sector, remarkably highlighted through Nova LifeStyle's progressive business model and ATIS's adaptive investment strategies. As both firms venture forward, the market watches closely, anticipating further innovations and developments in the industry.