Yoshiharu Global Co. Stock Price, News & Analysis

Yoshiharu Global Co. (NASDAQ: YOSH), a Japanese ramen restaurant operator, has announced its strategic expansion into the U.S. real estate market through partnerships with Good Mood Studio and Wealthrail. The company has signed an MOU with Good Mood Studio, which has completed over 1,400 successful property flips, and plans to invest $2 million for a 10% stake in Wealthrail, a real estate tokenization platform.

The company has already acquired two residential properties through Wealthrail and plans to expand its real estate operations within the year. This strategic move aims to diversify Yoshiharu's revenue streams beyond its traditional ramen business, leveraging PropTech, Security Token Offering (STO), and AI-based technologies to establish itself as a leading PropTech player in the U.S. market.

Yoshiharu (NASDAQ: YOSH) reported strong Q4 2024 results with revenue increasing 47% to $3.7 million and net income of $0.5 million. Full-year 2024 revenue grew 39.3% to $12.8 million. The company regained NASDAQ compliance through financing commitments of $3.56 million and conversion of $2.5 million debt to equity.

The company expanded to 15 locations with recent openings in Menifee, CA and San Clemente, with one additional location under development in Ontario. Growth was primarily driven by three new Las Vegas restaurants acquired in April 2024. Despite industry headwinds from input costs and consumer price sensitivity, Yoshiharu maintained strong Average Unit Volume.

The company plans further expansion in Southern California and international markets including Paris, London, and South Korea. New initiatives include implementing kiosks and cooking robots to reduce labor costs.

Yoshiharu Global Co. (NASDAQ: YOSH) has successfully regained compliance with Nasdaq's minimum stockholders' equity requirement under Listing Rule 5550(b)(1). The company, which operates Japanese ramen & rolls restaurants, had previously failed to maintain the required $2,500,000 in stockholders' equity for continued listing.

Following the company's financing commitments and debt restructuring announced on March 20 and March 26, 2025, Nasdaq confirmed on March 27, 2025, that Yoshiharu has met the compliance requirements. As a result, the previously scheduled delisting appeal hearing for April 1, 2025, has been cancelled, and YOSH will continue to trade on the Nasdaq Stock Market.

Yoshiharu Global Co. (NASDAQ: YOSH) has announced significant financial restructuring to maintain its Nasdaq listing compliance. The company secured new financing commitments of $1.65 million and converted $2.5 million of existing debt to equity, pushing stockholders' equity above the required $2.5 million threshold for Nasdaq listing.

The restructuring includes:

• 660,000 warrants issued for $1.65 million
• Conversion of $1.1 million BS1Fund loan into 440,000 warrants
• Conversion of $700,000 Golden Bridge loan into 280,000 warrants
• Conversion of $700,000 CEO James Chae's loan into 280,000 warrants

This financial restructuring comes ahead of the Nasdaq appeal hearing scheduled for April 1, 2025, strengthening the company's balance sheet by reducing debt, principal and interest payments, and near-term cash requirements.

Yoshiharu Global Co. (NASDAQ: YOSH) has appointed Sungjoon Chae to its Board of Directors, effective March 17, 2025. Chae, currently CEO of Grundot, brings extensive experience in architecture and urban design to support the company's expansion plans.

As a distinguished architect, Chae has worked with notable firms including Steven Holl Architects, Weiss/Manfredi, and Michael Maltzan Architecture. His portfolio includes significant projects such as the 'Meander' apartment building in Helsinki, Franklin & Marshall Fine Arts Building, and the U.S. Embassy master plan in New Delhi.

Chae holds a Master of Architecture in Urban Design from Harvard Graduate School of Design and degrees from Illinois Institute of Technology. He will not serve on any board committees or receive compensation for his board service.

Yoshiharu Global Co. (NASDAQ: YOSH) has provided an update regarding its Nasdaq delisting notice and stockholders' equity compliance. The company received a notification on February 18, 2025, stating it remains non-compliant with the minimum stockholders' equity requirement of $2,500,000 for continued listing.

To address this issue, Yoshiharu has secured financing commitments totaling $1.914 million through two private placements:

• 285,600 shares for $714,000
• 480,000 warrants for $1.2 million

These capital commitments are expected to help the company achieve the required minimum stockholders' equity ahead of its Nasdaq appeal hearing scheduled for April 1, 2025. The company plans to continue its expansion with new U.S. locations, international partnerships, and additional cuisine segments.

Yoshiharu Global Co. (NASDAQ: YOSH) has announced the grand opening of its new restaurant in Menifee, CA on March 12, 2025, marking its 15th location. The restaurant, specializing in authentic Japanese ramen and rolls, is situated at 27311 Newport Road in Menifee, one of Southern California's fastest-growing cities.

The company has one additional location under development in Ontario, CA. Menifee's selection was strategic, given the city's rapid development and business-friendly environment, supported by a $100 million commitment to traffic and infrastructure improvements.

The new location will offer a modernized Japanese dining experience featuring authentic ramen, hand-rolled sushi, and bento boxes. Yoshiharu is exploring further expansion through corporate-owned restaurants and developing a franchise program for national and international growth.

Yoshiharu Global Co. (NASDAQ: YOSH) has received a delisting notice from Nasdaq due to non-compliance with Listing Rule 5550(b)(1), which requires maintaining stockholders' equity of at least $2,500,000. The company initially received a notification of non-compliance on August 23, 2024, and was given until February 17, 2025, to achieve compliance based on their submitted plan.

Having failed to regain compliance within the specified timeframe, Nasdaq has scheduled YOSH securities for delisting. The company has until February 25, 2025, to request a hearing to appeal the Staff's determination, which Yoshiharu intends to pursue.

Yoshiharu Global Co. (NASDAQ: YOSH) has secured financing commitments of up to $11.0 million through two agreements with Crom Structured Opportunities Fund I, LP. The first is a senior unsecured convertible promissory note of $1.1 million, issued at a 10% Original Issue Discount with a 5% interest rate and maturity date of January 6, 2026. The note is convertible at the lesser of $5.00 or 90% of the lowest VWAP during the five trading days before conversion.

The second agreement establishes a $10.0 million equity line of credit (ELOC), available from January 6, 2025, to January 6, 2027. The purchase price under the ELOC will be 93% of the lowest VWAP during the 5 trading days following the clearing date. The company will pay a commitment fee of 31,948 shares of Class A Common Stock. Yoshiharu plans to use the proceeds for working capital and general corporate purposes to support future growth.