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Maison Solutions Inc. NASDAQ:MSS ceo and president john xu reported purchasing shares of the company in two transactions valued at $6400. The purchases occured between $0.14 and $0.15. The timing is notable as the stock has fallen 86% over the past year from its 52-week high of $3.96, according to InvestingPro data, though shares showed a recent 2.4% gain over the last week.
According to a Form 4 filing with the Securities and Exchange Commission, on April 1, 2026, Xu acquired 20,000 shares of common stock at a price of $0.14 per share. The total value of this transaction was $2800. The filing also indicates that on April 2, 2026, Xu purchased an additional 24,000 shares at $0.15 per share, for a total value of $3600. The company currently has a market capitalization of $4.48 million and carries a WEAK financial health score on InvestingPro.
Following these transactions, Xu directly owns 11,804,000 shares of Maison Solutions Inc.
In other recent news, Maison Solutions Inc. has enacted a 1-for-10 reverse stock split of its Class A common stock. This decision, approved by the company’s board of directors, was detailed in a statement filed with the Securities and Exchange Commission. As a result of the reverse stock split, every ten shares of Maison Solutions’ common stock have been consolidated into one share. The company has stated that no fractional shares will be issued; instead, any fractional shares resulting from the split will be rounded up to the nearest whole share. Maison Solutions’ common stock will continue to trade on the Nasdaq Capital Market. This move comes as part of the company’s efforts to meet Nasdaq compliance requirements.
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