Yoshiharu Global Co. Stock Price, News & Analysis

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.

Yoshiharu Global Co. (NASDAQ: YOSH) reported strong Q3 2024 results with revenues increasing 49% to $3.0 million and nine-month revenues up 36% to $9.2 million. The company expanded to 15 locations with a new restaurant in San Clemente, CA, and has 2 more under construction. Strategic partnerships were established in China's Sichuan and Liaoning provinces. The company secured a $1.0 million private placement to enter the Korean BBQ segment. Despite revenue growth, the company reported a Q3 net loss of $1.2 million, wider than the $0.9 million loss in the prior year period.

Yoshiharu Global Co. (NASDAQ: YOSH) announced the grand opening of its new restaurant in San Clemente, CA, on October 31, 2024, marking its 15th location with 2 more under construction. The new venue, located at Ocean View Plaza, will uniquely offer high-end sushi and sashimi alongside signature ramens. The location benefits from high I-5 visibility, attracting over 3 million visits annually and serving an affluent area with average household incomes exceeding $145,000. Additional locations are planned to open in Menifee, CA (December 2024) and Ontario, CA (January 2025), following recent expansions into China, Las Vegas, and Korean BBQ segment.

Yoshiharu Global Co. (NASDAQ: YOSH), a Japanese ramen & rolls restaurant operator, has signed a non-binding Memorandum of Understanding (MoU) with Chengdu Octaday Entertainment Group for a Master License Agreement in Sichuan Province, China. This partnership aims to introduce Yoshiharu's cuisine in multiple hotel locations across the province, home to over 83 million people.

The agreement follows Yoshiharu's recent partnership to open a flagship restaurant in Shenyang, China, demonstrating the company's international growth momentum. The collaboration with Chengdu Octaday Entertainment Group, which operates 30 corporate-owned and managed hotels in Sichuan, presents opportunities for Yoshiharu to expand its presence in hotels, theme parks, and other attractions.

Yoshiharu Global Co. (NASDAQ: YOSH) has entered a non-binding MoU with Xing Sheng Group to open its first international flagship restaurant in Shenyang, China. The agreement, through a Master License Agreement for Liaoning Province, will see Yoshiharu partner with Shenyang Yongsheng Seven Stars Tourism Development Co. to develop a location within China's largest water park currently under construction.

This strategic move follows Yoshiharu's recent expansion into Las Vegas and aims to introduce the brand to the Chinese market. Shenyang, the capital of Liaoning Province with a population of over 43 million, offers a prime opportunity for Yoshiharu to cater to both local residents and tourists. The company views this partnership as a potential springboard for further expansion across China, leveraging Xing Sheng Group's network of 17 subsidiaries in major Chinese cities.

Yoshiharu Global Co. (NASDAQ: YOSH) has secured a $1.0 million private placement investment from an accredited investor to fund its expansion into the Korean BBQ (KBBQ) segment. The company, known for authentic Japanese ramen & rolls, plans to leverage synergies between its existing culinary offerings and the KBBQ concept. This strategic move aims to capitalize on the growing demand for KBBQ cuisine, particularly in Southern California.

Yoshiharu intends to utilize its industry experience, expertise, and established supply chain network to enhance purchasing power, attract a wider audience, and explore cross-promotion opportunities. The company's CEO, James Chae, emphasized that this investment will allow Yoshiharu to establish a footprint in the growing Korean BBQ market and expand the brand's leadership in the restaurant industry.