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Maison Solutions | 8-K: Current report

Maison Solutions | 8-K: Current report

Maison Solutions | 8-K:重大事件
美股SEC公告 ·  2024/10/26 04:37

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Maison Solutions announced multiple amendments to its $15.2 million secured note agreement with Lee Lee Oriental Supermarket on October 21, 2024. The changes include an increase in the annual interest rate to 10% effective October 8, with a revised weekly payment schedule starting October 14. The default interest rate has been raised to 14%, and a $40,000 restructuring fee was paid upon execution.The amendments reflect the completed Lee Lee Reorganization, which involved the conversion of Lee Lee Corporation to LLC status, subsequent merger with AZLL LLC, and final division restoring both entities as separate legal entities. The company, along with its CEO John Xu and his spouse Grace Xu as guarantors, has waived all defenses related to the reorganization regarding enforcement of the secured note and security agreement.
Maison Solutions announced multiple amendments to its $15.2 million secured note agreement with Lee Lee Oriental Supermarket on October 21, 2024. The changes include an increase in the annual interest rate to 10% effective October 8, with a revised weekly payment schedule starting October 14. The default interest rate has been raised to 14%, and a $40,000 restructuring fee was paid upon execution.The amendments reflect the completed Lee Lee Reorganization, which involved the conversion of Lee Lee Corporation to LLC status, subsequent merger with AZLL LLC, and final division restoring both entities as separate legal entities. The company, along with its CEO John Xu and his spouse Grace Xu as guarantors, has waived all defenses related to the reorganization regarding enforcement of the secured note and security agreement.
梅森解决方案于2024年10月21日宣布对其与李李东方超市的1520万美元担保票据协议进行了多项修订。变更包括将年利率提高至10%,自10月8日起生效,并自10月14日起实施修订后的每周付款计划。违约利率已提高至14%,并在执行时支付了40,000美元的重组费用。这些修订体现了李李公司的重组完成,该重组涉及将李李公司转换为有限责任公司(LLC)状态,随后与AZLL LLC合并,最终划分恢复两实体为独立法律实体。公司及其首席执行官约翰·徐和他的配偶格雷斯·徐作为担保人,已放弃与重组相关的所有对担保票据和担保协议执行的抗辩权。
梅森解决方案于2024年10月21日宣布对其与李李东方超市的1520万美元担保票据协议进行了多项修订。变更包括将年利率提高至10%,自10月8日起生效,并自10月14日起实施修订后的每周付款计划。违约利率已提高至14%,并在执行时支付了40,000美元的重组费用。这些修订体现了李李公司的重组完成,该重组涉及将李李公司转换为有限责任公司(LLC)状态,随后与AZLL LLC合并,最终划分恢复两实体为独立法律实体。公司及其首席执行官约翰·徐和他的配偶格雷斯·徐作为担保人,已放弃与重组相关的所有对担保票据和担保协议执行的抗辩权。
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