Maison Solutions Inc. will implement a 1-for-5 reverse stock split for its Class A and Class B common stock, effective at 12:01 a.m. ET on July 22, 2026. This action is intended to help the company maintain compliance with the Nasdaq's $1.00 minimum bid price listing requirement.
Key Details
- Effective Date: The reverse stock split will take effect at 12:01 a.m. Eastern Time on July 22, 2026.
- Terms: Every five (5) outstanding shares of Class A and Class B common stock will be automatically combined into one share. Fractional shares will be rounded up to the nearest whole share.
- Trading Impact: The company's Class A common stock will begin trading on a split-adjusted basis at the market opening on July 22, 2026, under the existing ticker symbol "MSS" but with a new CUSIP number (560667404).