MSS News & Events

Reports Q3 net loss $5.2M, impacted approximately $3.9M in non-cash or non-recurring items. Reports Q3 cash position of $1.5M. "Our Q3 results demonstrate the successful execution of our 'Quality over Quantity' strategy," said John Xu, CEO of Maison Solutions. "By proactively closing underperforming locations like El Monte, we have successfully optimized our store portfolio. This discipline is reflected in our 370-basis-point gross margin improvement, proving that a leaner, more efficient footprint is the path to long-term profitability."

Maison Solutions announced the purchase of approximately 2.55 million Worldcoin tokens for its Digital Asset Treasury initiative.

Maison Solutions entered into a Securities Purchase Agreement with a U.S.-based Institutional Investor for a private placement of up to $70 million in convertible notes to launch its digital asset treasury comprised of Worldcoin. Maison Solutions plans to leverage WLD to explore the below blockchain initiatives: Global Payments: Leverage WLD tokens as a reserve to explore settlement of cross-border transactions or remittances for international suppliers. Inclusion & Access: Allow underbanked customers to transact or participate in loyalty ecosystems without needing a bank account or credit card. Identity-Verified Loyalty Programs: Proof-of-humanity to ensure loyalty rewards and promotions are deployed to authenticated unique customers to reduce fraud in couponing and promotions. AI-Resistant Customer Engagement: Verify feedback surveys, online reviews, and community engagement are human-authenticated, preserving trust in customer data.