Yoshiharu Announces Corporate Name Change to Vestand Inc. and Ticker Change to “VSTD”

Core Viewpoint - The company has rebranded from Yoshiharu Global Co. to Vestand Inc., reflecting its strategic shift towards an asset-backed growth model that integrates a corporate-level Crypto Treasury strategy with real estate investments [1][2]. Group 1: Corporate Transformation - The new identity as Vestand signifies the company's evolution from a traditional restaurant operator to a diversified platform focused on long-term, asset-based growth [2]. - Starting September 3, 2025, the company's common stock will trade under the new ticker symbol "VSTD" on the Nasdaq Capital Market, with no action required from existing shareholders [2]. Group 2: Crypto Treasury Strategy - Vestand is set to implement a corporate Crypto Treasury strategy that positions digital assets as a core component of its capital structure, aiming to combine stable shareholder returns with the growth potential of digital assets [3]. - The company plans to collaborate with a leading U.S. investment bank to enhance access to global institutional investor networks and build a significant Crypto Treasury portfolio through a phased approach [4]. Group 3: Real Estate Integration - Alongside the Crypto Treasury strategy, Vestand is expanding its real estate portfolio with capital from U.S. and Korean investors, aiming to integrate PropTech initiatives with its Crypto Treasury strategy through Security Token Offering (STO) structures [5]. - This dual approach is designed to balance stable cash flows from real estate with growth opportunities in digital assets [5]. Group 4: Governance and Internal Controls - Under the leadership of its CEO and CFO, Vestand has established a robust internal control framework to enhance transparency, accountability, and regulatory compliance, aligning governance standards with those expected by global institutional investors [6]. Group 5: Leadership Vision - The CEO of Vestand, Ji-Won Kim, emphasized that the new name represents the vision to create a growth platform that combines tangible assets with a corporate Crypto Treasury strategy [7]. - The company is committed to building a balanced portfolio centered on Crypto Treasury, supported by real estate assets for stability and diversification, aiming to deliver long-term value to global capital markets and shareholders [8]. Group 6: Future Outlook - Looking ahead, Vestand plans to continue expanding its restaurant business while pursuing asset-backed growth driven by its Crypto Treasury and real estate strategies, reinforcing its mission to create sustainable value [9].