On September 23, 2026, Maison Solutions Inc. (Nasdaq: MSS) received a notification letter from the Listing Qualifications staff of The Nasdaq Stock Market LLC. The letter states that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission.
The notification cites two specific delinquencies: the failure to file the Quarterly Report on Form 10-Q for the quarter ended July 31, 2026, and the continued delay in filing the Annual Report on Form 10-K for the fiscal year ended April 30, 2026.
The notification has no immediate effect on the listing of the company's Class A common stock, which continues to trade on The Nasdaq Capital Market under the symbol "MSS." The company has until October 19, 2026, to submit a plan to Nasdaq to regain compliance with the listing rule.
The deadline to submit this plan was established in an earlier notification received on August 20, 2026, regarding the late filing of the Form 10-K. If Nasdaq accepts the plan, the company may be granted an exception of up to 180 calendar days from the Form 10-K's due date, or until February 9, 2027, to file both the Form 10-K and the Form 10-Q. If Nasdaq does not accept the plan, the company may appeal the determination to a Nasdaq Hearings Panel.
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, operating under the HK Good Fortune and Lee Lee International brands in Southern California and Arizona.
