Corporate Name Change and Business Transition - The company plans to change its corporate name to Vestand Inc., transitioning from a traditional restaurant operator to a diversified brand that includes real estate development and digital asset ventures [2] - The Board of Directors approved the name change on July 10, 2025, and the renaming process, including a symbol change on Nasdaq, has been initiated [2] Strategic Investment and Asset Expansion - The company secured $6.0 million in strategic funding from U.S. and Korean investors, executed in March and April of 2024, to support corporate restructuring, debt repayment, and the acquisition of four residential properties in California [3] - The company aims to raise an additional $30.0+ million by the first half of 2027, targeting a cumulative $100 million in real estate investments [3] PropTech Strategy and Collaboration - The company has partnered with Good Mood Studio to deploy AI-powered Automated Valuation Models (AVM), with several projects expected to yield over 30% Return on Equity (ROE) [4] - An early investment has been made in Wealthrail, a fractional real estate investment platform that integrates digital assetization, creating a next-generation distributed real estate investment ecosystem [5] Strengthening Internal Controls - The company has launched an initiative to fortify its internal control framework, ensuring compliance with regulatory requirements and aligning governance practices with shareholder expectations [6][7] - The enhanced internal control policy was formally approved by the Board of Directors on July 10, 2025, emphasizing transparency and accountability [7] Leadership Vision - The CEO stated that the company is preparing to position Vestand as an evolved iBuyer, differentiating itself from competitors by combining asset-backed revenue models with AI-driven technology [8] - The company aims to become a smart investment platform that fuses real-world assets with digital technology, reinforcing its commitment to transparency and trust as fundamental to long-term corporate value [9][10]

Company Overview - Yoshiharu Global Co. is transitioning to a new name, "Vestand, Inc.", to reflect its evolution from a restaurant operator to a diversified brand that includes real estate development and digital asset ventures [1][2][3] - The company currently operates 15 restaurants specializing in Japanese ramen and has gained recognition in Southern California and Las Vegas since its debut in 2016 [6] Strategic Initiatives - The name change and rebranding to Vestand is part of a strategic initiative to position the company as a leading player in the U.S. PropTech market, focusing on real estate investments and digital assets [3][5] - A strategic Memorandum of Understanding (MOU) has been signed with Good Mood Studio, a real estate firm known for over 1,400 successful property flips, to accelerate real estate initiatives [4] Market Outlook - The U.S. real estate market is characterized by stability and strong demand, with significant long-term appreciation potential [5] - Technological advancements such as tokenization platforms, AI-based property analysis, and virtual transactions are enhancing efficiency, access, and liquidity in the real estate market [5]

Core Insights - SIMPPLE Ltd. has regained compliance with Nasdaq's minimum shareholders' equity requirement due to strong financial performance and a successful financing round [1][2] - The company believes its shareholders' equity is above the Nasdaq requirement of $2.5 million, aided by a private investment in public equity (PIPE) offering that raised $2,000,001 [2] - SIMPPLE has successfully held its Annual General Meeting (AGM), fulfilling Nasdaq's requirement for annual shareholder meetings [3] Financial Performance - The increase in shareholders' equity is attributed to robust operating performance in the first half of 2025 and the recent PIPE offering [2] - The company projects continued compliance with shareholders' equity requirements by year-end based on internal forecasts [2] Corporate Governance - The AGM was held on June 30, 2025, at 9:00 am Eastern Time, satisfying Nasdaq Listing Rule 5620(a) [3] - The company plans to rely on Cayman Islands home country exemption for future AGM requirements [3] Company Overview - SIMPPLE Ltd. is a technology provider in the facilities management sector, focusing on autonomous management solutions [5] - Founded in 2016 and headquartered in Singapore, the company serves over 60 clients in both public and private sectors, with expansion into Australia and the Middle East [5] - The proprietary SIMPPLE Ecosystem includes software and hardware solutions for building maintenance, surveillance, and cleaning, utilizing robotics and IoT devices [5]

Company Overview - SIMPPLE Ltd. is a leading technology provider in the facilities management sector, focusing on autonomous management solutions for facilities owners and managers [2] - The company was founded in 2016 and is headquartered in Singapore, serving over 60 clients in both public and private sectors, with expansion into Australia and the Middle East [2] - SIMPPLE has developed the proprietary SIMPPLE Ecosystem, which includes a mix of software and hardware solutions such as robotics and IoT devices for building maintenance, surveillance, and cleaning [2] Annual General Meeting Results - All proposals submitted by the Board of Directors were approved at the Annual General Meeting held on June 30, 2025 [1][2] - The financial statements for the year ended December 31, 2024, were confirmed [5] - Audit Alliance LLP was appointed as the independent auditor until the next AGM, with remuneration to be delegated to the Board of Directors [5] - All nominated Board of Directors, including Mr. Lee Soon Sze Kelvin as Chairman, were re-elected for a one-year term ending at the conclusion of the 2026 AGM [5]