other material
confidence medium
sentiment neutral
materiality 0.50
Maison Solutions waives loan covenants to allow divestiture of Super HK and Arcadia stakes
Maison Solutions Inc.
- Company and noteholder JAK Opportunities XV LLC entered consent and waiver dated Dec 18, 2025.
- Waiver covers restrictive covenants in Oct 1 and Oct 22 convertible notes and security agreement.
- Waiver permits sale of majority stake in Super HK of El Monte and minority interest in HKGF Market of Arcadia.
- Without waiver, these divestitures would have triggered a default under the notes.
- Company reaffirms all other obligations under the transaction documents.