Maison Solutions closes $5M private placement of 1.19M shares at $4.20/share

Maison Solutions Inc.

Gross proceeds ~$5M from sale of 1,190,476 shares at $4.20/share in Regulation S private placement.
Placement agent Joseph Stone Capital received a 7.25% cash fee on gross proceeds.
Proceeds to be used for working capital, general corporate purposes, and offering expenses.
Registration rights agreement grants investors right to register shares via Form S-1 within 14 days.
Offering closed on November 22, 2023, the same day as the securities purchase agreements.

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