Nova LifeStyle completed a public offering of 9,836,054 shares of common stock and 19,672,108 warrants at $0.915 per share, raising approximately $9.0 million to be used for working capital, marketing, debt repayment, and capital expenditures.

LOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2024.

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Shares of Cutera, Inc. (NASDAQ: CUTR) fell sharply during Friday’s session after the company reported worse-than-expected fourth quarter adjusted EPS results. Cutera posted adjusted loss of $1.36 per share, compared to market estimates for a loss of 94 cents per share. The company’s quarterly sales came in at $49.540 million, versus expectat...