Maison Solutions Inc. 8-K
Research Summary
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Maison Solutions Inc. Receives Nasdaq Notice Over $1.00 Bid Price Rule
What Happened Maison Solutions Inc. (MSS) filed an 8-K (Item 8.01) reporting that Nasdaq notified the company its Class A common stock had closed below the $1.00 minimum bid price required by Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. At the company’s request, Nasdaq granted an additional 180-calendar-day extension—an Extended Compliance Period—through July 6, 2026 to regain compliance.
Key Details
- Nasdaq rule cited: Listing Rule 5550(a)(2) (Minimum Bid Price Requirement).
- Deficiency basis: bid price closed below $1.00 for 30 consecutive business days.
- Extended Compliance Period: 180 calendar days, until July 6, 2026.
- Cure condition: closing bid price of $1.00 or more for at least ten consecutive business days before July 6, 2026.
- Company actions under consideration: monitoring the bid price and evaluating options, including a potential reverse stock split.
Why It Matters This notice signals a listing compliance risk for investors: if the company does not meet the $1.00 closing bid requirement for ten consecutive business days before July 6, 2026, Nasdaq could move to delist the Class A shares. Management’s consideration of a reverse split is a common remedy to raise the per-share price, but it would change the share count and per-share metrics. Investors should monitor the stock’s daily closing price and company announcements for any corporate actions aimed at regaining compliance.