AGM/EGMJun 23, 2026, 06:07 AM
Maison Solutions to Hold 2026 Annual Meeting on July 22
AI Summary
Maison Solutions Inc. announced its 2026 Annual Meeting of Stockholders to be held on July 22, 2026, where shareholders will vote on the election of five directors and the ratification of its independent certified public accountants. The proxy statement also details executive compensation, including salary increases for the CEO and CFO, and a change in the Chief Operating Officer position. Additionally, the filing provides information on several related party transactions, including outstanding payables to entities controlled by the CEO and significant purchases from related suppliers.
Key Highlights
- Maison Solutions will hold its 2026 Annual Meeting of Stockholders on July 22, 2026.
- Stockholders will vote on the election of five directors to the Board.
- Stockholders will also vote to ratify Kreit & Chiu CPA LLP as independent accountants for FY2027.
- CEO John Xu's salary increased to $180,000 and CFO Alexandria Lopez's to $120,000 for 2025.
- Xi (Jacob) Cao was appointed COO with a $96,000 salary, replacing Tao Han who resigned.
- The company had an outstanding payable of $222,049 to John Xu as of January 31, 2025.
- Maison Solutions acquired GF Supermarket of MP, Inc. for $2.5 million, a related party transaction.
- The company purchased $844,075 in groceries from Dai Cheong Trading Co Inc. in 9 months ended Jan 31, 2025.
Price Impact
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