secwatch.observer — SEC 8-K summary
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Issuer:     Maison Solutions Inc. (MSS)
CIK:        0001892292
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001213900-25-023432
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maison Solutions extends $8.6M secured note to May 2026, adds 8% extension fee
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- Outstanding principal of $8,603,975.86; maturity extended from Jan 2025 to May 11, 2026.
- 8% annual extension fee accrues from Jan 15, 2025, due at maturity or upon default; may be waived if note paid in full.
- Issuer missed $5M principal payment due Jan 13, 2025, triggering this modification.
- Interest rate on note revised to 12% per annum effective Feb 24, 2025.
- $35,000 documentation fee paid to holders upon execution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892292/000121390025023432/0001213900-25-023432-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892292/000121390025023432/ea0234257-8k_maison.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-023432

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