HomesToLife Ltd (Nasdaq: HTLM) announced a $1 million investment to acquire a 10% fully diluted stake in Singapore‑based Zeica Labs Pte. Ltd., a company that owns the spatial‑audio intellectual property behind Super X‑Fi.
The investment is being made through HTL Marketing Pte. Ltd., a wholly owned subsidiary that HomesToLife acquired in May 2025 to strengthen its design, product development, and merchandising capabilities.
Zeica Labs, founded in July 2025, previously acquired the Super X‑Fi assets from Creative Technology in August 2025 for $5 million, giving Creative a 40% stake and implying a valuation of roughly $12.5 million. The new stake values Zeica at about $10 million, indicating a modest valuation adjustment since the Creative transaction.
CEO Phua Mei Ming said the partnership will allow HomesToLife to embed spatial audio into its furniture lines and use Singapore as a pilot market before scaling globally. The move signals a shift toward technology‑driven smart‑home products amid a competitive furniture market.
The investment comes as HomesToLife has reported declining revenues and negative profitability in recent periods, prompting a strategic pivot to differentiate its offerings. By acquiring a stake in a company with a robust patent portfolio of nearly 100 spatial‑audio patents, HomesToLife aims to create a new revenue stream and enhance its product differentiation.
The deal also aligns with HomesToLife’s broader strategy to expand its presence across Asia‑Pacific, Europe, and North America, leveraging the design and merchandising capabilities of HTL Marketing and the technical expertise of Zeica Labs.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.