Maison Solutions Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement
Maison Solutions (NASDAQ:MSS) announced it has regained compliance with Nasdaq’s $1.00 minimum bid price requirement under Listing Rule 5550(a)(2) as of May 11, 2026.
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Rhea-AI Summary
Maison Solutions (NASDAQ:MSS) announced it has regained compliance with Nasdaq’s $1.00 minimum bid price requirement under Listing Rule 5550(a)(2) as of May 11, 2026. Its Class A common stock will continue to be listed and traded on the Nasdaq Capital Market.
Positive
- Regained compliance with Nasdaq $1.00 minimum bid price rule 5550(a)(2)
- Class A common stock will continue trading on the Nasdaq Capital Market
Negative
- Regained status indicates a prior period of bid price non-compliance
Details
News Market Reaction – MSS
On May 12, the day this news came out, MSS closed 8.20% below the previous close.
Data tracked by StockTitan Argus for the May 12 session.
Key Figures
- Nasdaq minimum bid
- $1.00 per share
- Nasdaq Listing Rule 5550(a)(2) requirement
- Compliance notice date
- May 11, 2026
- Nasdaq notification of regained compliance
Historical Context
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Proposed settlement of stockholder derivative action announced.
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1-for-10 reverse split to support Nasdaq bid price compliance.
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Q3 net loss of $5.2M with non-cash and non-recurring charges.
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Q2 revenue decline, negative EBITDA and sizable net loss reported.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
minimum bid price requirement regulatory
nasdaq capital market regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONTEREY PARK, CA / ACCESS Newswire / May 12, 2026 / Maison Solutions Inc. (NASDAQ:MSS) ("Maison Solutions" or the "Company"), a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, today announced that on May 11, 2026, it received written notification from The Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC stating that the Company has regained compliance with the
About Maison Solutions Inc.
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, particularly to members of Asian-American communities. The Company is 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 the Company operates. Since its formation in 2019, the Company has acquired equity interests in four traditional Asian supermarkets in the Los Angeles, California area, operating under the brand name HK Good Fortune, and three supermarkets in the Phoenix and Tucson, Arizona metro areas, operating under the brand name Lee Lee International Supermarket. To learn more about Maison Solutions, please visit the Company's website at www.maisonsolutionsinc.com. Follow us on LinkedIn and X.
Forward-Looking and Cautionary Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. Forward-looking statements may include, but are not limited to, statements, other than historical facts, that address activities, events or developments that the company intends, expects, projects, plans, believes or anticipates will or may occur in the future. These forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC, copies of which are available on the SEC's website at www.sec.gov. Additionally, new risk factors emerge from time to time, and it is not possible for us to predict all such risk factors, or to assess the impact such risk factors might have on our business. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after the date of this release, except as required by law.
Investor Relations Contact:
info@maisonsolutionsinc.com
SOURCE: Maison Solutions, Inc
View the original press release on ACCESS Newswire
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