Core Viewpoint - Jeffs' Brands Ltd has acquired 3,401,603 common shares of Fort Technology Inc. as part of a debt settlement, increasing its ownership stake in the company significantly [2][4]. Group 1: Acquisition Details - Jeffs' Brands acquired the shares at a deemed issue price of $0.99 per share, settling an outstanding debt of USD 2,462,767, which is equivalent to CAD 3,367,587.60 based on the exchange rate on December 24, 2025 [2]. - Prior to the debt settlement, Jeffs' Brands held 14,285,714 shares and 9,428,571 contingent rights, representing approximately 75.02% on a non-diluted basis and 83.29% on a partially diluted basis [4]. - After the debt settlement, Jeffs' Brands holds 17,687,317 shares and 9,428,571 contingent rights, representing approximately 77.83% on a non-diluted basis and 84.33% on a partially diluted basis [4]. Group 2: Future Intentions - Jeffs' Brands holds its securities in Fort Technology Inc. for investment purposes and currently has no plans to acquire additional securities or dispose of its holdings, although it may do so depending on market conditions and other factors [5]. Group 3: Regulatory Compliance - The debt settlement triggered the requirement for Jeffs' Brands to file an early warning report as per applicable securities laws [3]. - A copy of the related early warning report can be obtained from the SEDAR+ website or directly from Jeffs' Brands [6].

Core Insights - Yoshiharu Global Co. has successfully converted $2.5 million in existing debt to equity and secured additional financing commitments of $1.65 million, which strengthens its balance sheet and reduces near-term cash needs [1][2][5] Financial Position - The company has entered into securities subscription agreements for 660,000 warrants at a purchase price of $1,650,000, enhancing stockholders' equity [2] - The conversion of debt includes the cancellation of loans totaling $2.5 million, which improves the overall financial position by reducing total debt and cash usage [2][5] Debt Conversion Details - A loan of $1,100,000 with BS1Fund was fully cancelled in exchange for 220,000 warrants for class A and class B common stocks, both at an exercise price of $0.01 per warrant [3] - A loan of $700,000 with Golden Bridge was also cancelled, resulting in the issuance of 280,000 warrants for class A common stocks at the same exercise price [3] - Additionally, a loan of $700,000 with CEO James Chae was cancelled in exchange for 280,000 warrants for class A common stocks at an exercise price of $0.01 per warrant [4] Strategic Outlook - The company views the recent capital increase as a steppingstone for future growth opportunities and aims to maintain compliance with Nasdaq listing requirements ahead of an appeal hearing scheduled for April 1, 2025 [5] - The capital commitments position the company above the minimum stockholders' equity requirement of $2.5 million for continued Nasdaq listing [5] Company Overview - Yoshiharu Global Co. specializes in authentic Japanese ramen and has expanded to operate 15 restaurants across Southern California and Las Vegas since its debut in 2016 [6]