Maison Solutions Inc. Announces 1-for-5 Reverse Stock Split

Maison Solutions Inc. is implementing a 1-for-5 reverse stock split, effective July 22, 2026, to maintain compliance with Nasdaq's minimum bid price requirement. This action will combine every five shares of Class A common stock into one share. The company's Class B common stock, held by CEO John Xu, will also be consolidated on a 1-for-5 basis. Adjustments will be made to outstanding warrants, options, and convertible securities. Fractional shares will be rounded up to the nearest whole share. The trading symbol "MSS" will remain the same, and the stock will trade on a split-adjusted basis starting July 22, 2026. The company operates Asian grocery stores in California and Arizona.