Core Insights - Yoshiharu Global Co. has secured a $4.4 million investment from the Open Innovation Fund to support its entry into the real estate investment and development sector, marking a strategic shift beyond its core restaurant operations [1][2] - The company aims to transition towards an asset-backed revenue model while restructuring its existing food and beverage business for improved profitability, indicating a long-term growth strategy [2] - The investment will be facilitated through a convertible note with a 7.0% annual interest rate and a 3-year maturity, secured by a subordinated lien on any real property acquired with the proceeds [3] Company Overview - Yoshiharu is a fast-growing restaurant operator known for its Japanese ramen, having established itself as a leading ramen restaurant in Southern California shortly after its 2016 debut [4] - The company currently operates 15 restaurants across Southern California and Las Vegas, indicating a strong presence in the regional market [4] - CEO Ji-Won Kim emphasized that the investment represents a meaningful step in the company's evolution, focusing on creating long-term value through strategic expansion and sustainable growth [4]

Core Viewpoint - Yoshiharu Global Co. has announced a 4-for-1 forward stock split of its Class A and Class B Common Stock to enhance interest and liquidity among stockholders [1][2]. Company Overview - Yoshiharu Global Co. specializes in authentic Japanese ramen and rolls, and has rapidly expanded since its debut in 2016, currently operating 15 restaurants across Southern California and Las Vegas [5]. Stock Split Details - The stock split will take effect on July 28, 2025, with stockholders receiving three additional shares for each share held, and the new shares will be distributed after market close on July 30, 2025 [3]. - The Class A Common Stock will continue to trade under the symbol "YOSH" on The Nasdaq Capital Market, with post-split trading commencing on July 31, 2025 [3]. - VStock Transfer will manage the stock split process, including the issuance of new stock certificates [4].

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]

Executive Changes - Ji-Won Kim has been appointed as the sole Chief Executive Officer of Yoshiharu Global Co. as part of an executive reorganization [2] - John Oh has been appointed as Chief Financial Officer, and Young-Soo Choi has been appointed as an independent Director [2] Strategic Focus - The new executive team aims to enhance momentum and growth initiatives for the brand and shareholders, focusing on improving both top- and bottom-line growth [3] - The company plans to pursue additional strategic expansion in the U.S. and China, leveraging its strong revenue and recently strengthened balance sheet [3] Operational Review - All Yoshiharu restaurant locations will be temporarily closed for approximately three days to conduct a review of store operations, perform an internal audit, and update accounting systems [4] - Normal operations are expected to resume shortly after the review [4] Leadership Experience - Ji-Won Kim has over 20 years of experience in the food service industry and has successfully launched multiple brands, including Macho Galbi [5] - John Oh has over 20 years of experience in tax planning, financial reporting, and regulatory compliance, specializing in ASC 740 income tax provisions and SEC reporting [6] - Young-Soo Choi has over 40 years of experience in taxation, auditing, and public finance, having served in the Korean National Tax Service for 24 years [7] Company Overview - Yoshiharu Global Co. specializes in authentic Japanese ramen and has gained recognition as a leading ramen restaurant in Southern California since its debut in 2016 [8] - The company currently owns and operates 15 restaurants across Southern California and Las Vegas [8]