Maison Solutions Inc. 8-K

What Happened
Maison Solutions Inc. (Nasdaq: MSS) filed an 8-K on March 27, 2026 disclosing that its board of directors approved and the company effected a 1-for-10 reverse stock split of its Class A common stock, effective March 23, 2026. The board's action followed prior shareholder authorization (written consent) given November 3, 2025 that allowed a reverse split between 1-for-2 and 1-for-100.

Key Details

• Effective ratio: 1-for-10 reverse stock split (every 10 shares become 1 share).
• Fractional shares: no fractional shares will be issued; any fractional share resulting from the split will be rounded up to the nearest whole share.
• Purpose: to raise the per-share bid price above $1.00 and seek compliance with Nasdaq Listing Rule 5550(a)(2).
• Filing: Certificate of Amendment was filed with the Delaware Secretary of State on March 23, 2026; Common Stock will continue trading on The Nasdaq Capital Market under the symbol MSS.

Why It Matters
A reverse stock split reduces the number of shares outstanding and increases the per-share price without changing the company’s overall market value. For investors, the immediate practical effects are a higher share price per share and fewer shares held on a post-split basis (with fractions rounded up). The company’s stated goal is regulatory: once MSS trades at or above $1.00 per share for 10 consecutive trading days, Nasdaq will notify the company that it has regained compliance. This event does not change the company’s fundamentals, but it can affect liquidity, share count, and how existing holdings are reflected in brokerage accounts.