Maison Solution sells Super HK of El Monte stake for $1

Maison Solutions Inc. (NASDAQ: MSS) sold its 91.67% equity interest in Super HK of El Monte, Inc. to DNL Management Inc., a California corporation, for $1.00, according to a press release.

The Equity Purchase Agreement was executed and closed on July 2, 2026, following approval by Maison Solutions' Board of Directors on the same date. The buyer acquired the stake on an "as-is, where-is" basis and assumed all debts, obligations, and liabilities of Super HK of El Monte, whether known or unknown.

While legal title transferred on July 2, 2026, the agreement designates April 30, 2026, at 12:01 a.m. Pacific Time as the effective date for purposes of allocating the economic results of Super HK of El Monte between the two parties.

The agreement includes customary representations, warranties, and covenants by both Maison Solutions and DNL Management Inc.

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