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Vestand Inc. (Nasdaq: VSTD) to buy control of AI Mindbot Equity

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

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.

Positive

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Insights

Vestand is using a subsidiary to gain a controlling interest in a key shareholder of a Korean security-tech company as part of its crypto strategy.

Vestand Inc. states that Vestand Korea Company Limited agreed to buy a controlling interest in AI Mindbot Equity, described as the largest shareholder of Xcure Corp.. Xcure is a Kosdaq-listed provider of smart card and mobile security platform technology, so this step would give Vestand leverage through ownership of a major shareholder rather than Xcure shares directly.

The company frames the move as part of its crypto treasury strategy, suggesting a focus on digital-asset-related positioning rather than a traditional operating acquisition. However, the excerpt does not provide the deal value, the exact interest to be acquired, or a closing date, so the financial impact and potential dilution or funding requirements cannot be assessed from this information alone.

The disclosure is furnished under a Regulation FD item, emphasizing equal information access to the market. Future SEC filings or corporate updates would need to outline definitive closing terms, the precise size of the controlling stake in AI Mindbot Equity, and how the crypto treasury strategy will interact with Xcure Corp.’s smart card and mobile security platform business.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 15, 2025

 

Vestand Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41494   87-3941448

(State or other Jurisdiction

of Incorporation)

 

(Commission

File No.)

 

(IRS Employer

Identification No.)

 

596 Apollo St.

Brea, CA 92821

(Address of principal executive offices and zip code)

 

(714) 694-2403

(Registrant’s telephone number, including area code)

 

Yoshiharu Global Co.

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A Common Stock, $0.0001 par value   VSTD  

The Nasdaq Stock Market LLC

(Nasdaq Capital Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On September 18, 2025, the Company issued a press release announcing that, on September 15, 2025, its wholly owned subsidiary, Vestand Korea Company Limited, had entered into an agreement to purchase a controlling interest in AI Mindbot Equity, the largest shareholder of Xcure Corp. Xcure Corp. is a Kosdaq-listed company which provides smart card and mobile security platform technology. The acquisition is part of the Company’s crypto treasury strategy. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Current Report”) and is incorporated by reference herein.

 

The information included in this Item 7.01 of this Current Report, including the attached Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

 

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

Forward Looking Statements

 

This press release includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding our position to execute on our growth strategy, and our ability to expand our leadership position. These forward-looking statements include, but are not limited to, the Company’s beliefs, plans, goals, objectives, expectations, assumptions, estimates, intentions, future performance, other statements that are not historical facts and statements identified by words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates” or words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in, or suggested by, these forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our filings with the SEC including our Form 10-K for the year ended December 31, 2024, and subsequent reports we file with the SEC from time to time, which can be found on the SEC’s website at www.sec.gov. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: September 19, 2025

 

VESTAND INC.  
     
By: /s/ Jiwon Kim  
Name: Jiwon Kim  
Title: Chief Executive Officer  

 

 

FAQ

What transaction did Vestand Inc. disclose in this 8-K filing?

Vestand Inc. disclosed that its wholly owned subsidiary, Vestand Korea Company Limited, entered into an agreement on September 15, 2025 to purchase a controlling interest in AI Mindbot Equity, the largest shareholder of Xcure Corp.

How is Xcure Corp. described in Vestand Inc.s 8-K disclosure?

Xcure Corp. is described as a Kosdaq-listed company that provides smart card and mobile security platform technology, and AI Mindbot Equity is identified as its largest shareholder.

Why is Vestand Inc. pursuing the AI Mindbot Equity acquisition?

Vestand Inc. states that acquiring a controlling interest in AI Mindbot Equity is part of the companys crypto treasury strategy, indicating it views the transaction as aligned with its approach to holding or managing crypto-related assets.

Which Vestand entity is entering into the agreement to buy AI Mindbot Equity?

The agreement was entered into by Vestand Korea Company Limited, which the company identifies as a wholly owned subsidiary of Vestand Inc.

Does the 8-K filing specify the purchase price or ownership percentage in AI Mindbot Equity?

The excerpted disclosure does not provide the purchase price, exact ownership percentage, or other financial terms of Vestand Inc.s planned controlling interest in AI Mindbot Equity.

Is the information about the AI Mindbot Equity transaction considered filed or furnished?

Vestand Inc. states that the information in Item 7.01, including the attached Exhibit 99.1 press release, is not deemed filed for purposes of Section 18 of the Exchange Act, but is instead furnished and may be incorporated by reference only if specifically stated in another filing.
Yoshiharu Global Co.

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