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Food Chains
Corporate GovernanceMay 12, 2026, 06:08 AM

Maison Solutions Receives Nasdaq Non-Compliance Notice

AI Summary

Maison Solutions Inc. received a notice from Nasdaq on May 6, 2026, indicating non-compliance with Nasdaq Listing Rule 5620(a). The company failed to hold its annual meeting of stockholders within one year of its fiscal year ended April 30, 2026. Maison Solutions has 45 calendar days to submit a plan to regain compliance and intends to do so, including holding its annual meeting as soon as practicable.

Key Highlights

  • Maison Solutions Inc. received a non-compliance notice from Nasdaq on May 6, 2026.
  • The company failed to hold an annual meeting of stockholders within one year of its fiscal year end April 30, 2026.
  • This violates Nasdaq Listing Rule 5620(a).
  • Maison Solutions has 45 calendar days from the notice date to submit a plan to regain compliance.
  • Nasdaq may grant an extension of up to 180 days if the plan is accepted.
  • The company intends to submit a compliance plan and hold its annual meeting as soon as practicable.