Yoshiharu Global Co. Stock Price, News & Analysis

Yoshiharu Global Co. (NASDAQ: YOSH) historically operated as a restaurant company and has announced a strategic transformation under the new corporate name Vestand Inc.. According to company press releases and SEC filings, Yoshiharu began as a restaurant operator specializing in authentic Japanese ramen and rolls and expanded its restaurant service across Southern California and Las Vegas. The company has since approved a transition into a diversified platform that combines its existing restaurant operations with real estate development and digital asset ventures, including a corporate-level Crypto Treasury strategy.

In an 8-K filing, the company disclosed that it changed its corporate name to Vestand Inc. effective August 28, 2025, with the change to be reflected on the Nasdaq Capital Market on September 3, 2025, including a ticker symbol change to VSTD. Earlier press releases describe this evolution as a move from a traditional restaurant operator into a broader brand that incorporates PropTech initiatives, real estate holdings and digital asset-related activities while continuing to operate its ramen restaurant business.

Origins as a ramen restaurant operator

Corporate communications describe Yoshiharu as a fast-growing restaurant operator born out of the idea of introducing a modernized Japanese dining experience to customers globally. The company specializes in Japanese ramen and has been recognized as a ramen restaurant brand in Southern California. Over time, Yoshiharu expanded to multiple locations, including restaurants in Southern California and Las Vegas, and utilized a mix of service channels such as takeout and delivery. Its restaurant operations generated food and beverage revenue and were supported by expenses such as food, beverages and supplies, labor, rent and utilities, delivery and service fees, and depreciation, as detailed in its consolidated financial statements.

Strategic transition to Vestand Inc. and PropTech focus

Board-approved initiatives and subsequent press releases explain that Yoshiharu’s Board of Directors authorized the company to operate as Vestand Inc. to reflect its evolution into a diversified brand that includes real estate development and digital asset ventures. The company has described its direction as moving toward an asset-backed revenue model and a PropTech-oriented business, with a focus on real estate investment and development in the U.S. market and the integration of digital assetization, including Security Token Offering (STO) structures.

Press releases state that the company has entered into a strategic Memorandum of Understanding with Good Mood Studio, a real estate firm with experience in numerous property flips, and has made an early investment in Wealthrail, a fractional real estate investment platform that integrates tokenized securities. These steps are presented as part of a strategy to combine short-term property flipping with longer-term real estate holdings and to build a distributed real estate investment ecosystem.

Crypto Treasury and digital asset strategy

Under the Vestand identity, the company has announced plans for a corporate-level Crypto Treasury strategy. According to its press releases, this strategy is intended to position digital assets, including Bitcoin and other major digital assets, as a core component of its capital structure. The company has stated that it intends to build a Crypto Treasury portfolio through a phased approach and to collaborate with a U.S. investment bank to expand access to global institutional investor networks.

SEC filings further describe a transaction in which Vestand Korea Company Limited, a wholly owned subsidiary, entered into a Share Purchase Agreement to acquire a controlling interest in AI Mindbot Equity Union, identified as the largest shareholder of Xcure Corp., a Kosdaq-listed company that provides smart card and mobile security platform technology. The acquisition is described as part of the company’s Crypto Treasury strategy.

Real estate investment and PropTech initiatives

Yoshiharu/Vestand has reported that it is expanding into real estate investment and development, supported by capital from U.S. and Korean investors. Press releases note that strategic funding has been used for corporate restructuring, debt repayment and the acquisition of residential properties in California. The company has outlined plans to grow its real estate portfolio and to pursue additional capital for real estate investments.

In collaboration with Good Mood Studio, the company has indicated plans to deploy AI-powered Automated Valuation Models (AVM), renovation strategies and a short-term buy-and-resell model. It has also referenced the use of STO-based structures via Wealthrail to integrate real estate investments with digital assetization. These activities are described as part of its aim to operate as a PropTech company that fuses real-world assets with digital technology.

Capital structure, stock split and Nasdaq listing

The company’s securities are listed on the Nasdaq Capital Market. A press release announced that the Board of Directors and stockholders approved a 4-for-1 forward stock split of the company’s Class A and Class B common stock, implemented through a stock dividend. The stated purpose of the stock split was to encourage interest in the company’s Class A common stock and potentially promote greater liquidity for stockholders. The company also reported financing agreements, including a convertible note subscription agreement with Open Innovation Fund and additional warrant-based financings, as well as conversions of existing debt obligations to equity, which were described as actions to increase stockholders’ equity and support continued Nasdaq listing.

In March 2025, the company disclosed that it had received a notification from Nasdaq confirming that it had regained compliance with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1), and that its securities would continue to be listed and traded on The Nasdaq Stock Market.

Corporate governance and internal controls

Press releases and 8-K filings describe several changes in the company’s leadership and Board composition. The Board appointed a sole Chief Executive Officer and a new Chief Financial Officer, as well as independent directors and other Board members with backgrounds in taxation, auditing, public finance, architecture, urban design, and hospitality. The company has emphasized initiatives to strengthen its internal control framework, including a formal internal control policy reviewed and approved by the Board. These measures are described as intended to reinforce transparency, accountability and regulatory compliance, and to align governance practices with the expectations of shareholders and global institutional investors.

Business status and ticker transition

For investors researching the historical ticker YOSH, it is important to note that SEC filings report a corporate name change from Yoshiharu Global Co. to Vestand Inc., effective August 28, 2025, with a corresponding symbol change on Nasdaq to VSTD on September 3, 2025. The YOSH symbol therefore represents the company’s history as a ramen-focused restaurant operator and the early stages of its transition into a real estate and digital asset-oriented platform. For ongoing information about the company under its new name and strategy, investors should refer to disclosures and market data associated with the Vestand Inc. identity and the VSTD ticker.