We are a U.S.-based, fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern consumers, particularly members of Asian-American communities. We are committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse makeup of the communities in which we operate.
After concluding an initial public offer on October 4, 2023, our Class A stock began trading on October 5, 2023 on the Nasdaq Capital Market under the symbol MSS.
We have two classes of stock, Class A common stock and Class B common stock. The rights of the holders of Class A common stock and Class B common stock are identical, except with respect to voting and conversion rights. Each share of Class A common stock is entitled to one vote. Each share of Class B common stock is entitled to ten votes, and is convertible at any time into one share of Class A common stock.
We have 16.26 million Class A shares outstanding and 2.24 million Class B shares outstanding.
Our Company was founded in July 2019 and was incorporated in Pennsylvania in 2020. In September 2021, the Company was reincorporated in the State of Delaware.
Our CUSIP number is 560667 10 7.
Our headquarters are located at 127 N Garfield Ave, Monterey Park, California 91754.
Our fiscal year end is April 30.
We have not issued any preferred stock, but are authorized to issue 5.0 million preferred shares at the discretion of our board of directors.
We do not have a direct stock purchase program. You can purchase shares of our common stock through any licensed, registered broker.
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Our transfer agent is Vstock Transfer, LLC. Their phone number is 212-828-8436 and their email address is info@vstocktransfer.com. Vstock Transfer, LLC.’s mailing address is 18 Lafayette Place, Woodmere, NY 11598.
Our outside legal counsel is Akerman LLP, Los Angeles, California.
Our accounting firm is Kreit & Chiu CPA LLP.
You can contact investor relations at 310-279-5980 or at info@maisonsolutionsinc.com.
Maison Solutions Inc. is “controlled company” as defined under Nasdaq Stock Market Rules because its Chief Executive Officer controls more than 50% of the Company’s voting rights. For so long as Maison Solutions Inc. remains a “controlled company” under that definition, it is permitted to elect and rely on certain exemptions from corporate governance rules, including: an exemption from the rule that a majority of board members must be independent directors; an exemption from the rule that the compensation of its Chief Executive Officer must be determined or recommended solely by independent directors; and an exemption from the rule that its director nominees must be selected or recommended solely by independent directors.