Maison Solutions Inc. has announced that it will be unable to file its Annual Report on Form 10-K for the fiscal year ended April 30, 2024, within the prescribed timeframe. The delay is attributed to the additional time required by the company and its independent auditors to complete the review and audit of the financial statements. The company has indicated that it expects to file the report within the fifteen-day extension period allowed by Rule 12b-25. This announcement follows the acquisition of Lee Lee Oriental Supermart, Inc. by Maison Solutions' subsidiary AZLL, LLC, on April 8, 2024. The company is also in the process of completing the review and audit of the financial statements of the newly acquired entity. Maison Solutions anticipates a significant...Show More

Maison Solutions Inc. has announced that it will be unable to file its Annual Report on Form 10-K for the fiscal year ended April 30, 2024, within the prescribed timeframe. The delay is attributed to the additional time required by the company and its independent auditors to complete the review and audit of the financial statements. The company has indicated that it expects to file the report within the fifteen-day extension period allowed by Rule 12b-25. This announcement follows the acquisition of Lee Lee Oriental Supermart, Inc. by Maison Solutions' subsidiary AZLL, LLC, on April 8, 2024. The company is also in the process of completing the review and audit of the financial statements of the newly acquired entity. Maison Solutions anticipates a significant change in its results of operations for the year ended April 30, 2024, with expected total revenues of approximately $58.0 million and a net loss of around $3.4 million, compared to the previous fiscal year's total revenues of $55.4 million and a net income of $1.6 million. These preliminary figures are unaudited and prepared in accordance with U.S. GAAP.