Nova LifeStyle to start trading on NASDAQ
January 15, 2014,
LOS ANGELES — Nova LifeStyle Inc., parent company of upholstery resource Diamond Sofa, said its common stock has been approved for trading on the NASDAQ Global Market.
The company said trading will begin Jan. 17 under the ticker symbol NVFY. Prior to that date, shares will continue to trade on the over-the-counter bulletin board.
The company acquired Diamond Sofa, which focuses on contemporary, urban styles, in August 2011. Nova LifeStyle also sells upholstery, case goods and office furniture internationally under several other brand names, including Colorful World, Giorgio Mobili and Bright Swallow.