Maison Solutions Inc. Secures $3 Million in Initial Closing of $70 Million Convertible Note Financing to Acquire World Coin as Treasury Asset

Reuters10-03
<a href="https://laohu8.com/S/MSS">Maison Solutions</a> Inc. Secures $3 Million in Initial Closing of $70 Million Convertible Note Financing to Acquire World Coin as Treasury Asset

**Maison Solutions Inc. Secures $3 Million Financing Through Senior Secured Convertible Note** Maison Solutions Inc. announced the completion of an initial closing under a new Securities Purchase Agreement with an institutional investor on October 1, 2025. Under the agreement, Maison Solutions issued an initial Senior Secured Convertible Promissory Note in the principal amount of $3 million, with a purchase price of $2.745 million. The note is part of a broader financing arrangement allowing for the issuance of up to $70 million in similar notes. Approximately 90% of the net proceeds from this financing will be used to acquire World Coin (WLD), which will be held as a treasury asset on the company's balance sheet. The transaction was conducted as a private placement relying on exemptions under the Securities Act of 1933. The agreement allows for mandatory redemption of the note at a 25% premium in the event of default, change of control, or other specified events. Maison Solutions may also redeem the note at its option, with advance notice, at the same premium.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maison Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-095401), on October 02, 2025, and is solely responsible for the information contained therein.
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