IPO - Maison Solutions Inc.
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.
Document Link: View Document
Additional details:
Address: 127 N Garfield Ave, Monterey Park, California 91754
Principal Executive Officer: John Xu
Telephone: (626) 737-5888
Selling Stockholder Num Of Shares: 62,700,000
Initial Note Shares: 19,800,000
Incremental Shares: 42,900,000
Private Placing Amount: $3.0 million
Additional Notes Amount: $6,500,000
Last Reported Price: $1.02
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