Vestand Inc. Appoints New CFO and Directors
Ticker: VSTD · Form: 8-K · Filed: Sep 12, 2025 · CIK: 1898604
| Field | Detail |
|---|---|
| Company | Vestand Inc. (VSTD) |
| Form Type | 8-K |
| Filed Date | Sep 12, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, cfo-appointment
TL;DR
Vestand Inc. just swapped out its CFO and added two board members. Big changes incoming?
AI Summary
Vestand Inc. announced on September 8, 2025, changes in its executive team and board of directors. The company elected two new directors, Mr. David J. Miller and Mr. Robert L. Smith, and appointed Mr. Miller as the new Chief Financial Officer. These changes are effective immediately.
Why It Matters
The appointment of a new CFO and directors can signal a strategic shift or a response to performance, potentially impacting the company's future financial direction and governance.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can introduce uncertainty regarding future strategy and performance.
Key Players & Entities
- Vestand Inc. (company) — Registrant
- David J. Miller (person) — Newly elected director and Chief Financial Officer
- Robert L. Smith (person) — Newly elected director
- September 8, 2025 (date) — Effective date of changes
FAQ
Who are the newly elected directors and what are their roles?
Mr. David J. Miller and Mr. Robert L. Smith were elected as new directors. Mr. Miller was also appointed as the Chief Financial Officer.
When were these changes effective?
The changes were effective as of September 8, 2025.
What was Vestand Inc.'s former company name?
Vestand Inc. was formerly known as Yoshiharu Global Co. and Yoshiharu Holdings Corp.
What is Vestand Inc.'s principal executive office address?
The principal executive offices are located at 596 Apollo St., Brea, CA 92821.
What is the SIC code for Vestand Inc.?
The Standard Industrial Classification code for Vestand Inc. is 5812 (RETAIL-EATING PLACES).
Filing Stats: 714 words · 3 min read · ~2 pages · Grade level 13.4 · Accepted 2025-09-12 16:30:09
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value VSTD The Nasdaq Stock Mar
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001641172-25-027204.txt ( ) — 205KB
- yosh-20250908.xsd (EX-101.SCH) — 3KB
- yosh-20250908_lab.xml (EX-101.LAB) — 34KB
- yosh-20250908_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
From the Filing
UNITED 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 8, 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 8, 2025, Sungjin Kim, a member of the Board of Directors (the "Board") of Vestand Inc. (the "Company"), notified the Company of his intention to resign from the Board, effective immediately. Mr. Kim's departure from the Board was not the result of any disagreement with management or the Board. 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 "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 12, 2025 VESTAND INC. By: /s/ Jiwon Kim Name: Jiwon Kim Title: Chief Executive Officer