Maison Solutions Inc. Notified by Nasdaq of Listing Non‑Compliance

What Happened
On September 23, 2026 Nasdaq’s Listing Qualifications staff sent Maison Solutions Inc. a letter notifying the company that it does not comply with Nasdaq Listing Rule 5250(c)(1) because it has not timely filed its Quarterly Report on Form 10‑Q for the quarter ended July 31, 2026 and remains delinquent in filing its Annual Report on Form 10‑K for the fiscal year ended April 30, 2026. The notice does not immediately affect the listing of Maison’s Class A common stock, which continues to trade on The Nasdaq Capital Market under the symbol "MSS." The company has until October 19, 2026 to submit a plan to regain compliance; if Nasdaq accepts the plan it may grant up to 180 days (until February 9, 2027) to file the delinquent reports. Maison issued a press release on September 29, 2026 reporting receipt of the Nasdaq letter and said it is working to complete and file the Form 10‑K and Form 10‑Q as promptly as practicable.

Key Details

• Missed filings: Form 10‑Q for quarter ended July 31, 2026 and delinquent Form 10‑K for fiscal year ended April 30, 2026.
• Deadline: October 19, 2026 to submit a plan to Nasdaq to regain compliance (deadline set in an earlier August 20, 2026 notice).
• Potential extension: If Nasdaq accepts the plan, up to 180 days from the Form 10‑K due date (until February 9, 2027) may be allowed to file both reports.
• Current status: No immediate trading suspension; shares trade as "MSS." Company may appeal to a Nasdaq Hearings Panel if Nasdaq does not accept its plan.

Why It Matters
Regulatory noncompliance around timely financial reporting increases risk for investors because it can reduce transparency about the company’s recent financial results and strategy. If Maison does not regain compliance within Nasdaq’s process, the company could face further disciplinary action, including possible delisting. For now, trading continues, but investors should monitor upcoming filings (the Form 10‑K and Form 10‑Q), any Nasdaq responses, and related company disclosures for material changes.