IPO - Maison Solutions Inc.

Form Type: S-1/A

Filing Date: 2025-06-25

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025057881

Filing Summary: Maison Solutions Inc. filed Amendment No. 1 to Form S-1 with the SEC on June 25, 2025, reflecting its intention to register up to 19,800,000 shares of Class A common stock for resale by a Selling Stockholder. The company has made various strategic acquisitions in Asian supermarket operations and intends to support its business growth through a center-satellite store model. The document details terms of a senior unsecured convertible promissory note and the associated conversion of shares. The current trading price of Class A common stock is $0.90, and the company identifies itself as an emerging growth and smaller reporting company, with Mr. John Xu maintaining control over management and decision-making. The summary outlines potential risks associated with the offering, including market price fluctuations and business operational risks.

Form Type: S-1

Filing Date: 2025-04-11

Corporate Action: Ipo

Type: New

Accession Number: 000121390025031176

Filing Summary: Maison Solutions Inc., a Delaware corporation, has filed a registration statement with the SEC on April 11, 2025, to register 62,700,000 shares of Class A common stock. This includes the resale of shares by the Selling Stockholder resulting from a private placement transaction involving convertible promissory notes and warrants. The company operates as a specialty grocery retailer emphasizing Asian food products and has experienced rapid growth since its founding in 2019. It has developed a unique center-satellite store model to cater to Asian-American communities, focusing on both cultural preferences and modern shopping habits. The registrant outlines its role as an emerging growth company and smaller reporting company while detailing extensive risk factors and potential market challenges. The company operates seven supermarkets and has plans for further acquisitions, including a controlling interest in a wholesale grocery business. The registration effective date is contingent on further amendments as needed.