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Nova Lifestyle Invests $5.7 Million in Fund to Hold Interest in SpaceX
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Nova Lifestyle Invests $5.7 Million in Fund to Hold Interest in SpaceX
Sep 29, 2025 7:11 AM

09:27 AM EDT, 09/29/2025 (MT Newswires) -- Nova Lifestyle ( NVFY ) said Monday that it has invested $5.7 million to subscribe for 99.815% interest of Preamble Capital, A Series of CGF2021.

Preamble Capital will use the funds to subscribe for a 6.667% interest of a certain fund that holds 121,805 class A common shares and 231,967 class C common shares of Space Exploration Technologies or SpaceX, Nova said.

The company's shares were down 1.7% in recent Monday premarket activity.

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