{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-101329","form_type":"8-K","ticker":"MSS","cik":"0001892292","company_name":"Maison Solutions Inc.","filed_at":"2025-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.995368+00:00","generated_at":"2026-05-17T02:49:32.032185+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Maison Solutions issues $3M additional convertible note at 5.25%, conversion price $0.78","bullets":["Issued $3M principal senior unsecured convertible note at $2.745M purchase price; maturity Oct 22, 2027.","Interest rate 5.25% (18% upon default); paid monthly in cash or PIK in stock at company option.","Initial conversion price $0.78/share with downward VWAP-based adjustments; floor price $0.16.","Beneficial ownership limitation 4.99% (Holder can increase to 9.99%).","Proceeds used for working capital; note issued under a March 2025 note purchase warrant."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-101329","json":"https://secwatch.observer/filing/0001213900-25-101329.json","markdown":"https://secwatch.observer/filing/0001213900-25-101329.md","text":"https://secwatch.observer/filing/0001213900-25-101329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1892292/000121390025101329/0001213900-25-101329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1892292/000121390025101329/ea0262175-8k_maison.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:49:32.032185+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9633e2feeeefe12ac6c0650abeef12d74c36077e","claim":"Maison Solutions Inc. incurred convertible notes of $3,000,000 with investor signatory to the Purchase Agreement at 5.25% per annum maturing October 22, 2027.","evidence_excerpt":"On October 22, 2025, Maison Solutions Inc. (the “Company”) issued an additional senior unsecured convertible promissory note in the principal amount of $3,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892292/000121390025101329/0001213900-25-101329-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3,000,000"},{"label":"Counterparty","value":"investor signatory to the Purchase Agreement"},{"label":"Rate","value":"5.25% per annum"},{"label":"Maturity","value":"October 22, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}