Maison Solutions Inc. Secures $3 Million Convertible Note Financing

Reuters10-23

<a href="https://laohu8.com/S/MSS">Maison Solutions</a> Inc. Secures $3 Million Convertible Note Financing

Maison Solutions Inc. has entered into a new financing agreement, issuing an additional senior unsecured convertible promissory note with a principal amount of $3 million to an existing investor under a previously established Securities Purchase Agreement. The note, which matures on October 22, 2027, carries an annual interest rate of 5.25%, with the potential to increase to 18% in the event of default. The company received $2,745,000 in proceeds from the note issuance, which will be used for working capital. Maison Solutions retains the option to redeem the note early and may pay accrued interest in cash or in shares of its Class A common stock. The transaction was conducted as a private placement under exemptions from SEC registration.

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: 0001213900-25-101329), on October 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Secures $3 Million Convertible Note Financing\n    \n\n        Maison Solutions Inc. has entered into a new financing agreement, issuing an additional senior unsecured convertible promissory note with a principal amount of $3 million to an existing investor under a previously established Securities Purchase Agreement. The note, which matures on October 22, 2027, carries an annual interest rate of 5.25%, with the potential to increase to 18% in the event of default. The company received $2,745,000 in proceeds from the note issuance, which will be used for working capital. Maison Solutions retains the option to redeem the note early and may pay accrued interest in cash or in shares of its Class A common stock. The transaction was conducted as a private placement under exemptions from SEC registration.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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