Maison Solutions Enters SPA With U.S. Investor For A Private Placement Up To $70M In Convertible Notes To Build Worldcoin-Based Digital Asset Treasury And Blockchain Initiatives

Maison Solutions Inc. (NASDAQ: MSS) ("Maison Solutions" or the "Company"), a U.S.-based specialty grocery retailer offering traditional Asian and international food and merchandise, announced it has entered into a Securities Purchase Agreement ("SPA") with a U.S.-based Institutional Investor for a private placement of up to $70 million in convertible notes to launch its digital asset treasury comprised of Worldcoin ("WLD").

Worldcoin (WLD) is the native token of World Network ("World"), a project developed by Tools for Humanity and co-founded by Sam Altman, Alex Blania, and Max Novendstern. "World" aims to build a universal identity and financial infrastructure by combining World ID, a privacy-preserving proof-of-human system verified through the Orb device, with a globally distributed digital currency. Users in supported regions can receive WLD distributions once verified, while the World App provides a wallet for managing both identity and digital assets. The underlying World Chain enables applications to integrate scalable, decentralized identity checks. Together, World Network seeks to position WLD at the center of a system bridging digital identity, payments, and financial inclusion.

Maison Solutions plans to leverage WLD to explore the below blockchain initiatives:

Global Payments: Leverage WLD tokens as a reserve to explore settlement of cross-border transactions or remittances for international suppliers.

Inclusion & Access: Allow underbanked customers to transact or participate in loyalty ecosystems without needing a bank account or credit card.

Identity-Verified Loyalty Programs: Proof-of-humanity to ensure loyalty rewards and promotions are deployed to authenticated unique customers to reduce fraud in couponing and promotions.

AI-Resistant Customer Engagement: Verify feedback surveys, online reviews, and community engagement are human-authenticated, preserving trust in customer data.