Welcome to our dedicated page for Vestand SEC filings (Ticker: VSTD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Vestand Inc. (NASDAQ: VSTD) files a range of reports and current disclosures with the U.S. Securities and Exchange Commission that shed light on its evolution as a global investment platform integrating real-world assets with crypto treasury strategies. On this page, you can track the company’s Forms 8-K and other SEC filings as they are released, with AI-powered tools available on Stock Titan to help summarize key points and explain complex sections in clear language.
Recent Vestand 8-K filings describe material agreements and financing arrangements, including a Convertible Note Subscription Agreement and subsequent amendments that changed the permitted use of proceeds and partially terminated unfunded capital commitments. Other filings detail the company’s share purchase agreement, through its Vestand Korea subsidiary, to acquire a controlling interest in AI Mindbot Equity, identified as the largest shareholder of Xcure Corp., a Kosdaq-listed smart card and mobile security platform technology company.
Vestand’s SEC reports also cover significant financial reporting and governance matters. The company has disclosed that a wide range of previously issued annual and quarterly financial statements should no longer be relied upon and that restatements will be prepared. These filings outline identified inconsistencies and inaccuracies, material weaknesses in internal controls over financial reporting, and steps being taken to enhance accounting, compliance and governance functions, including changes in auditors and key financial and compliance leadership.
In addition, Vestand has filed 8-Ks reporting Nasdaq notices related to late filing of a Quarterly Report on Form 10-Q and non-compliance with the $1.00 minimum bid price requirement, as well as litigation alleging contractual fraud tied to investments in its initial public offering. Through Stock Titan, users can access these filings in one place, see real-time updates as new documents are posted to EDGAR, and use AI-generated summaries to quickly understand items such as 10-K and 10-Q disclosures, material 8-K events and, where applicable, insider-related information reported on SEC forms.
Vestand (VSTD) director James Chae reported open-market sales of Class A common stock. On 10/22/2025, he sold 5,000 shares at $1.20. On 10/23/2025, he sold 5,000 shares at $1.26 and 5,000 at $1.23. On 10/24/2025, he sold 3,039 shares at $1.20. Following the last transaction, he beneficially owned 2,529,506 shares, held directly.
Vestand Inc. (VSTD) filed a Form 3 initial statement of beneficial ownership. The reporting person, Andrew K. Yun, serves as a Director and as Chief Compliance Officer. As of the event date of 10/07/2025, he reported that no securities are beneficially owned.
Vestand (VSTD) Form 4: A director reported open‑market sales of Class A common stock across multiple dates, totaling 25,855 shares. Trades occurred on 10/17 (10,000 shares at $1.30) and 10/20 (10,000 at $1.30), followed by 10/21 sales of 538 at $1.35, 200 at $1.30, 117 at $1.26, and 5,000 at $1.24.
Following these transactions, the reporting person beneficially owned 2,547,545 shares, shown as direct ownership. All transactions are coded “S” for sale.
Vestand Inc. (VSTD) appointed Andrew Yun to its Board of Directors. The Board acted on October 7, 2025, citing a goal to strengthen internal controls, legal compliance, and corporate governance. Mr. Yun, 50, is managing partner of Yun Law Group with experience in business transactions, corporate governance, and M&A, and previously served as senior legal counsel to major energy and electronics conglomerates.
The Company considers Mr. Yun a non-independent director and does not expect an initial committee assignment. The filing states there are no arrangements leading to his election, no family relationships with directors or officers, and no related-party interests under Item 404(a). A press release dated October 14, 2025, was furnished under Regulation FD.
James Chae filed an amendment to his Schedule 13D reporting beneficial ownership of 2,973,400 shares of Vestand Inc. Class A common stock, representing approximately 20.5% of the outstanding class on the stated share count of 14,524,980. His total includes 400,000 Class B shares convertible into Class A; prior to conversion each Class B share carries ten votes. On March 24, 2025 he received a warrant in exchange for cancellation of $700,000 of issuer debt; following a subsequent share split that Warrant is exercisable into 1,120,000 Class A shares at an exercise price of $0.0025 per share, subject to a 4.99% beneficial ownership limitation. He reports one recent sale of 5,000 Class A shares on September 25, 2025 at an average price of $1.93. The filer states no current plans to pursue corporate control actions.
James Chae, a director of Vestand Inc. (VSTD), reported multiple changes in his beneficial ownership of Class A common stock and derivative securities. The Form 4 shows a sale of 49,900 shares on 11/06/2023 at $0.85 per share and a sale of 5,000 shares on 09/25/2025 at $1.93 per share. He made gifts of 1,000 shares on 05/13/2024 and 2,500 shares on 09/23/2024. Corporate actions noted include a 1-for-10 reverse split effected 11/27/2023 and a 4-for-1 forward split effected 07/30/2025, which are reflected in the reported ownership figures. On 03/24/2025 Mr. Chae acquired a warrant to purchase 280,000 shares in exchange for cancellation of $700,000 debt; the warrant has a $0.01 exercise price but is subject to a 4.99% beneficial ownership limitation and is currently not exercisable. The Form is signed 10/02/2025.
Vestand Inc. reported that its wholly owned subsidiary, Vestand Korea Company Limited, has entered into an agreement to purchase a controlling interest in AI Mindbot Equity, the largest shareholder of Xcure Corp., a Kosdaq-listed provider of smart card and mobile security platform technology. The company explains that this acquisition is part of its crypto treasury strategy, signaling a move to gain influence through an entity that holds a significant stake in Xcure Corp. Details such as purchase price, ownership percentage, and closing timing are not included in this report, which primarily serves to share the related press release with the market.
Vestand Inc., through its wholly owned subsidiary Vestand Korea Company Limited, entered into a Share Purchase Agreement to acquire 21,000 shares of AI Mindbot Equity Union from Hyper Corporation for KRW 8,499,981, or approximately USD $6,439,379. Ten percent (10%) of the purchase price was paid at signing, with the remainder due at closing, which is anticipated on or about November 7, 2025.
After closing, Vestand Korea is expected to become the controlling shareholder of AI Mindbot, owning in excess of 89% of its equity. AI Mindbot is described as the largest shareholder of Xcure Corp., a Kosdaq-traded provider of smart card and mobile security platform technology in South Korea and internationally.
On the same date, Hyper Corporation and Vestand Korea entered into a Supplementary Agreement under which, at Xcure Corp.’s extraordinary shareholders’ meeting scheduled for November 7, 2025, four of seven current directors are to be replaced with individuals designated by Vestand Korea, giving Vestand significant influence over Xcure’s board.