Maison Solutions entered into a Formation, Subscription and Software Contribution Agreement to create Maison AI Limited in Hong Kong to develop AI software for grocery retail and supply chains. Through subsidiary AZLL, the company will receive about 90.09% of the new entity by contributing its Drem display and WSYQR supply-chain software valued at $2.0 million. Partners Hangzhou Shengxianbao Technology and Yiwu Yanghan E-Commerce will subscribe for 11 shares each for $110,000 apiece, payable over six monthly installments starting around Sep 1, 2026. Maison Solutions retains a perpetual, non-exclusive, royalty-free license to use the contributed software internally.
Agreement details:
- Agreement type: Formation, Subscription and Software Contribution Agreement to create Hong Kong joint venture
- Counterparty: Hangzhou Shengxianbao Technology and Yiwu Yanghan E-Commerce
- Signed / Effective: Jul 22 2026 / same
- Duration / Termination: At will
- Reason: Develop and commercialize AI software for grocery supply chains
Original SEC Filing:
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