Not independent
Tenure on this board
7.5 yrs
5 nominees · 2 ballot items.
Elect five directors; ratify Kreit & Chiu CPA LLP as independent auditors for fiscal 2027; and transact any other business properly presented at the meeting.
To elect five directors — John Xu, Alexandria M. Lopez, Mark Willis, Bin Wang, and Dr. Xiaoxia Zhang — each for a term expiring at the next annual meeting or until their successors are duly elected and qualified.
To ratify the selection of Kreit & Chiu CPA LLP as the Company’s independent certified public accountants for the fiscal year ending April 30, 2027.
The proposal asks shareholders to ratify the Audit Committee’s selection of Kreit & Chiu CPA LLP as Maison’s independent registered public accounting firm for fiscal 2027. Management seeks ratification to confirm continuity of the external audit relationship and to demonstrate shareholder support for the Audit Committee’s choice; the filing notes that a failed ratification would be non-binding but could prompt reconsideration. KC has served as the Company’s independent registered public accounting firm since January 3, 2023, and the filing discloses audit, audit-related and other fees paid to KC for 2024 and 2025, which bear on independence and cost trends. The Audit Committee pre-approves audit and permitted non-audit services; management emphasizes that pre-approval procedures are in place to preserve auditor independence. The Board recommends a vote FOR the ratification, citing the committee’s recommendation and the importance of consistent audit oversight for financial reporting and regulatory compliance. The vote required is a majority of votes cast, and broker non-votes are not expected to affect the result because this is a routine, discretionary proposal for brokers.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 3.4% | 102,601 | $33K |
| 2 | VANGUARD GROUP INC | 3.1% | 94,452 | $30K |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 2.4% | 72,822 | $23K |
| 4 | CITADEL ADVISORS LLC | 2.1% | 64,373 | $20K |
| 5 | DRW Securities, LLC | 0.6% | 18,318 | $6K |
| 6 | Vanguard Personalized Indexing Management, LLC | 0.5% | 16,289 | $5K |
| 7 | Tower Research Capital LLC (TRC | 0.5% | 15,818 | $5K |
| 8 | VANGUARD GROUP INC | 0.3% | 8,044 | $3K |
| 9 | Fortitude Family Office, LLC | 0.0% | 936 | $297 |
| 10 | BANK OF AMERICA CORP /DE/ | 0.0% | 84 | $27 |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.