{"success":true,"data":{"pressRelease":{"id":"5094","rtpr_id":"nACSRb9F5a","ticker":"MSS","exchange":"NASDAQ","all_tickers":["MSS"],"title":"Maison Solutions Announces Reverse Stock Split","author":"ACCESSWIRE","published_at":"2026-04-22T15:00:01.205Z","article_body":"MONTEREY PARK, CA / ACCESS Newswire (https://www.accessnewswire.com/) / April\n22, 2026 / Maison Solutions Inc. (NASDAQ:MSS) (\"Maison Solutions\" or the\n\"Company\"), a specialty grocery retailer offering traditional Asian food and\nmerchandise to U.S. consumers, today announces that, as previously approved by\nthe stockholders of the Company, it will implement a 1-for-10 reverse stock\nsplit of its outstanding shares of Class A common stock, effective on April\n24, 2026, at 12:01 a.m. Eastern Time (the \"Reverse Split\"). The Company's\nClass A common stock will continue to trade on the Nasdaq Capital Market\n(\"Nasdaq\") under the symbol \"MSS\" and will begin trading on a split-adjusted\nbasis at the opening of the market on April 24, 2026, with a new CUSIP number\n560667305.\n\nThe Reverse Split was approved by the holders of a majority of the of the\nCompany's outstanding stock entitled to vote on October 19, 2025, and the\nCompany's Board of Directors on April 13, 2026. The Reverse Split is intended\nto bring the Company into compliance with the $1.00 minimum bid price\nrequirement for maintaining the listing of its Class A common stock on Nasdaq.\n\nAs of the effective time of the Reverse stock split, every 10 shares of issued\nand outstanding Class A common stock will automatically be combined and\nconverted into one share. This consolidation will reduce the number of shares\nof the Company's outstanding Class A common stock from approximately\n28,841,007 to approximately 2,884,101. In addition, the exercise prices of and\nnumber of shares subject to the Company's outstanding warrants, and the\nconversion prices of the Company's outstanding convertible securities, if any,\nwill likewise be proportionately adjusted in accordance with their respective\nterms. Proportionate adjustments will be made to the number of shares issued\nand issuable under the Company's existing stock incentive plans.\n\nNo fractional shares of common stock will be issued in connection with the\nReverse Split. Stockholders that would hold a fractional share of common stock\nas a result of the Reverse Split will have such fractional shares of common\nstock rounded up to the nearest whole share of common stock. VStock Transfer\nLLC will act as the exchange agent for the Reverse Split and will provide\nstockholders with a transaction statement that reflects their post-split\nshareholdings. The number of authorized shares of common stock and the par\nvalue per share will remain unchanged.\n\nAbout Maison Solutions Inc.\n\nMaison Solutions Inc. is a U.S.-based specialty grocery retailer offering\ntraditional Asian food and merchandise, particularly to members of\nAsian-American communities. The Company is committed to providing Asian fresh\nproduce, meat, seafood, and other daily necessities in a manner that caters to\ntraditional Asian-American family values and cultural norms, while also\naccounting for the new and faster-paced lifestyle of younger generations and\nthe diverse makeup of the communities in which the Company operates. Since its\nformation in 2019, the Company has acquired equity interests in four\ntraditional Asian supermarkets in the Los Angeles, California area, operating\nunder the brand name HK Good Fortune, and three supermarkets in the Phoenix\nand Tucson, Arizona metro areas, operating under the brand name Lee Lee\nInternational Supermarket. To learn more about Maison Solutions, please visit\nthe Company's website at www.maisonsolutionsinc.com. Follow us on LinkedIn\n(https://pr.report/h57j) and X (https://pr.report/h57k).\n\nForward-Looking and Cautionary Statements\n\nThis press release contains \"forward-looking statements\" within the meaning of\nthe Private Securities Litigation Reform Act of 1995. We caution readers that\nforward-looking statements are predictions based on our current expectations\nabout future events. Forward-looking statements may include, but are not\nlimited to, statements related to the Reverse Stock Split, the effectiveness\nof the Certificate of Amendment, and the Company's ability to regain\ncompliance with Nasdaq's minimum bid price requirement, as well as statements,\nother than historical facts, that address activities, events or developments\nthat the company intends, expects, projects, plans, believes or anticipates\nwill or may occur in the future. These forward-looking statements are not\nguarantees of future performance and are subject to known and unknown risks,\nuncertainties and assumptions that are difficult to predict. Our actual\nresults, performance, or achievements could differ materially from those\nexpressed or implied by the forward-looking statements as a result of a number\nof factors, including the risks discussed under the heading \"Risk Factors\"\ndiscussed under the caption \"Item 1A. Risk Factors\" in Part I of our most\nrecent Annual Report on Form 10-K or any updates discussed under the caption\n\"Item 1A. Risk Factors\" in Part II of our Quarterly Reports on Form 10-Q and\nin our other filings with the SEC, copies of which are available on the SEC's\nwebsite at www.sec.gov. Additionally, new risk factors emerge from time to\ntime, and it is not possible for us to predict all such risk factors, or to\nassess the impact such risk factors might have on our business. We undertake\nno obligation to publicly update or revise any forward-looking statements,\nwhether as a result of new information, future events or otherwise that occur\nafter the date of this release, except as required by law.\n\nInvestor Relations Contact:\ninfo@maisonsolutionsinc.com\n\nSOURCE: Maison Solutions, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/food-and-beverage-products/maison-solutions-announces-reverse-stock-split-1159891)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSRb9F5a","title":"Maison Solutions Announces Reverse Stock Split","author":"ACCESSWIRE","ticker":"MSS","created":"2026-04-22T15:00:01.205Z","tickers":["MSS"],"exchange":"NASDAQ","article_body":"MONTEREY PARK, CA / ACCESS Newswire (https://www.accessnewswire.com/) / April\n22, 2026 / Maison Solutions Inc. (NASDAQ:MSS) (\"Maison Solutions\" or the\n\"Company\"), a specialty grocery retailer offering traditional Asian food and\nmerchandise to U.S. consumers, today announces that, as previously approved by\nthe stockholders of the Company, it will implement a 1-for-10 reverse stock\nsplit of its outstanding shares of Class A common stock, effective on April\n24, 2026, at 12:01 a.m. Eastern Time (the \"Reverse Split\"). The Company's\nClass A common stock will continue to trade on the Nasdaq Capital Market\n(\"Nasdaq\") under the symbol \"MSS\" and will begin trading on a split-adjusted\nbasis at the opening of the market on April 24, 2026, with a new CUSIP number\n560667305.\n\nThe Reverse Split was approved by the holders of a majority of the of the\nCompany's outstanding stock entitled to vote on October 19, 2025, and the\nCompany's Board of Directors on April 13, 2026. The Reverse Split is intended\nto bring the Company into compliance with the $1.00 minimum bid price\nrequirement for maintaining the listing of its Class A common stock on Nasdaq.\n\nAs of the effective time of the Reverse stock split, every 10 shares of issued\nand outstanding Class A common stock will automatically be combined and\nconverted into one share. This consolidation will reduce the number of shares\nof the Company's outstanding Class A common stock from approximately\n28,841,007 to approximately 2,884,101. In addition, the exercise prices of and\nnumber of shares subject to the Company's outstanding warrants, and the\nconversion prices of the Company's outstanding convertible securities, if any,\nwill likewise be proportionately adjusted in accordance with their respective\nterms. Proportionate adjustments will be made to the number of shares issued\nand issuable under the Company's existing stock incentive plans.\n\nNo fractional shares of common stock will be issued in connection with the\nReverse Split. Stockholders that would hold a fractional share of common stock\nas a result of the Reverse Split will have such fractional shares of common\nstock rounded up to the nearest whole share of common stock. VStock Transfer\nLLC will act as the exchange agent for the Reverse Split and will provide\nstockholders with a transaction statement that reflects their post-split\nshareholdings. The number of authorized shares of common stock and the par\nvalue per share will remain unchanged.\n\nAbout Maison Solutions Inc.\n\nMaison Solutions Inc. is a U.S.-based specialty grocery retailer offering\ntraditional Asian food and merchandise, particularly to members of\nAsian-American communities. The Company is committed to providing Asian fresh\nproduce, meat, seafood, and other daily necessities in a manner that caters to\ntraditional Asian-American family values and cultural norms, while also\naccounting for the new and faster-paced lifestyle of younger generations and\nthe diverse makeup of the communities in which the Company operates. Since its\nformation in 2019, the Company has acquired equity interests in four\ntraditional Asian supermarkets in the Los Angeles, California area, operating\nunder the brand name HK Good Fortune, and three supermarkets in the Phoenix\nand Tucson, Arizona metro areas, operating under the brand name Lee Lee\nInternational Supermarket. To learn more about Maison Solutions, please visit\nthe Company's website at www.maisonsolutionsinc.com. Follow us on LinkedIn\n(https://pr.report/h57j) and X (https://pr.report/h57k).\n\nForward-Looking and Cautionary Statements\n\nThis press release contains \"forward-looking statements\" within the meaning of\nthe Private Securities Litigation Reform Act of 1995. We caution readers that\nforward-looking statements are predictions based on our current expectations\nabout future events. Forward-looking statements may include, but are not\nlimited to, statements related to the Reverse Stock Split, the effectiveness\nof the Certificate of Amendment, and the Company's ability to regain\ncompliance with Nasdaq's minimum bid price requirement, as well as statements,\nother than historical facts, that address activities, events or developments\nthat the company intends, expects, projects, plans, believes or anticipates\nwill or may occur in the future. These forward-looking statements are not\nguarantees of future performance and are subject to known and unknown risks,\nuncertainties and assumptions that are difficult to predict. Our actual\nresults, performance, or achievements could differ materially from those\nexpressed or implied by the forward-looking statements as a result of a number\nof factors, including the risks discussed under the heading \"Risk Factors\"\ndiscussed under the caption \"Item 1A. Risk Factors\" in Part I of our most\nrecent Annual Report on Form 10-K or any updates discussed under the caption\n\"Item 1A. Risk Factors\" in Part II of our Quarterly Reports on Form 10-Q and\nin our other filings with the SEC, copies of which are available on the SEC's\nwebsite at www.sec.gov. Additionally, new risk factors emerge from time to\ntime, and it is not possible for us to predict all such risk factors, or to\nassess the impact such risk factors might have on our business. We undertake\nno obligation to publicly update or revise any forward-looking statements,\nwhether as a result of new information, future events or otherwise that occur\nafter the date of this release, except as required by law.\n\nInvestor Relations Contact:\ninfo@maisonsolutionsinc.com\n\nSOURCE: Maison Solutions, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/food-and-beverage-products/maison-solutions-announces-reverse-stock-split-1159891)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-04-22T15:00:01.258655726Z","server_sent_at_ms":1776870001258},"received_at":"2026-04-22T15:00:01.312Z","source_url":"https://www.accessnewswire.com/newsroom/en/food-and-beverage-products/maison-solutions-announces-reverse-stock-split-1159891"},"analysis":{"id":"3679","press_release_id":"5094","analysis_json":{"industry":{"label":"Consumer Staples Distribution & Retail","sector":"Consumer Staples"},"redFlags":["Reverse split undertaken to satisfy Nasdaq $1.00 minimum bid price requirement"],"eventType":"other","narrative":"Maison Solutions will implement a 1-for-10 reverse stock split of its Class A common stock effective April 24, 2026, to regain compliance with Nasdaq's minimum bid price requirement.\n\nThe consolidation will reduce outstanding shares from approximately 28.8 million to 2.9 million, with proportional adjustments to warrants and convertible securities.\n\nTrading will continue on the Nasdaq Capital Market under the symbol MSS with a new CUSIP number beginning at the market open on April 24.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"MSS executes 1-for-10 reverse split to maintain Nasdaq listing compliance."},"keyFigures":{"customDimensions":{"split_ratio":"1-for-10","pre_split_shares":28841007,"post_split_shares":2884101}},"quotedText":"","namedEntities":{"people":[],"products":["HK Good Fortune","Lee Lee International Supermarket"],"companies":[{"name":"Maison Solutions Inc.","ticker":"MSS"},{"name":"VStock Transfer LLC","relationship":"exchange agent"}],"dollarAmounts":[{"amount":"$1.00","context":"Nasdaq minimum bid price requirement"}]},"materialImpact":{"score":3,"reasoning":"The 1-for-10 reverse split fundamentally alters the capital structure and is executed to prevent delisting due to non-compliance with Nasdaq minimum bid price requirements."},"tickerRelevance":{"others":[],"primary":"MSS"},"eventTypeSecondary":["regulatory"]},"event_type":"other","event_type_secondary":["regulatory"],"sentiment":"bearish","material_impact_score":3,"narrative":"Maison Solutions will implement a 1-for-10 reverse stock split of its Class A common stock effective April 24, 2026, to regain compliance with Nasdaq's minimum bid price requirement.\n\nThe consolidation will reduce outstanding shares from approximately 28.8 million to 2.9 million, with proportional adjustments to warrants and convertible securities.\n\nTrading will continue on the Nasdaq Capital Market under the symbol MSS with a new CUSIP number beginning at the market open on April 24.","key_figures":{"customDimensions":{"split_ratio":"1-for-10","pre_split_shares":28841007,"post_split_shares":2884101}},"named_entities":{"people":[],"products":["HK Good Fortune","Lee Lee International Supermarket"],"companies":[{"name":"Maison Solutions Inc.","ticker":"MSS"},{"name":"VStock Transfer LLC","relationship":"exchange agent"}],"dollarAmounts":[{"amount":"$1.00","context":"Nasdaq minimum bid price requirement"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T19:10:44.400Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.301Z"}},"durationMs":139186,"modelName":"glm-4.7"}}