---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-092667"
form_type: "8-K"
ticker: "MSS"
cik: "0001892292"
company_name: "Maison Solutions Inc."
filed_at: "2025-09-29T23:59:59+00:00"
generated_at: "2026-05-17T05:27:04.421785+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Maison Solutions secures up to $70M convertible notes for Worldcoin treasury

## Summary
- Initial $3M senior secured note issued at 8.5% OID; total facility up to $70M over 3 years.
- Notes bear 8% interest, mature in 2 years, convertible at lower of Nasdaq minimum price or 90% of 10-day VWAP (floor 20% of minimum).
- At least 90% of net proceeds to be used to acquire Worldcoin (WLD) and other cryptocurrencies as treasury assets.
- Company plans WLD for global payments, proof-of-human loyalty, and AI-resistant customer engagement.
- Prohibited from issuing additional notes or equity until registration effective plus 20 trading days without investor consent.

## SEC filing metadata
- accession: 0001213900-25-092667
- form_type: 8-K
- ticker: MSS
- cik: 0001892292
- company_name: Maison Solutions Inc.
- filed_at: 2025-09-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892292/000121390025092667/0001213900-25-092667-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892292/000121390025092667/ea0259168-8k_maison.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-092667
- JSON: https://secwatch.observer/filing/0001213900-25-092667.json
- Plain text: https://secwatch.observer/filing/0001213900-25-092667.txt

## Key facts
- Debt Financings
  Maison Solutions Inc. incurred convertible notes of up to $70 million with an institutional investor at eight percent (8%) per year maturing second (2nd) anniversary of the date of issuance.
  - Instrument: convertible notes
  - Principal: up to $70 million
  - Counterparty: an institutional investor
  - Rate: eight percent (8%) per year
  - Maturity: second (2nd) anniversary of the date of issuance
  - Event: incurrence
  source text: Senior Secured Convertible Promissory Notes (the “Notes”) in a total principal amount of up to $70 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892292/000121390025092667/0001213900-25-092667-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.