Vestand Inc. Reports Board and Executive Compensation Changes
Ticker: VSTD · Form: 8-K · Filed: Oct 27, 2025 · CIK: 1898604
| Field | Detail |
|---|---|
| Company | Vestand Inc. (VSTD) |
| Form Type | 8-K |
| Filed Date | Oct 27, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Vestand Inc. shook up its board and exec pay structure as of Sept 15, 2025.
AI Summary
Vestand Inc. announced on September 15, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in executive and board positions can indicate internal shifts that may impact future business operations and strategy.
Key Players & Entities
- Vestand Inc. (company) — Registrant
- September 15, 2025 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the departure of officers?
The filing indicates departures of certain officers but does not specify the exact roles in the provided text.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names in the provided text.
What are the key changes in the compensatory arrangements?
The filing states there are updates to compensatory arrangements for certain officers, but the specifics are not detailed in the provided text.
What is the exact date of the report?
The date of the report is September 15, 2025.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,054 words · 4 min read · ~4 pages · Grade level 11.6 · Accepted 2025-10-27 17:16:48
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) — 44KB
- 0001493152-25-019777.txt ( ) — 211KB
- vstd-20250915.xsd (EX-101.SCH) — 3KB
- vstd-20250915_lab.xml (EX-101.LAB) — 34KB
- vstd-20250915_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 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.) 104 Apple Blossom Cir. Brea , CA 92821 (Address of principal executive offices and zip code) (562) 727-7045 (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. Departure of Chief Financial Officer On September 15, 2025, Ju Hwan Oh (John Oh) provided the board of directors (the "Board") of Vestand Inc. (the "Company"), with his formal resignation as the Company's Chief Financial Officer, effective September 15, 2025. Ju Hwan Oh's resignation was not the result of any disagreement with the Company, its management, or the Board. This Current Report on Form 8-K with respect to the resignation of Ju Hwan Oh as the Company's Chief Financial Officer was inadvertently filed late. When the inadvertent lapse in filing was determined, the Company promptly filed this Current Report on Form 8-K. Appointment of Chief Financial Officer and Chief Compliance Officer On October 21, 2025, the Board formally appointed Jaeho Yoon as the Company's Chief Financial Officer. Mr. Yoon had been assisting the Company with financial management and related duties prior to his formal appointment. On October 21, 2025, the Board also appointed Andrew Yun as the Company's Chief Compliance Officer. Jaeho Yoon, age 40 Mr. Yoon recently served as a senior manager in the corporate planning team of BGF EcoMaterials where he oversaw company-wide management reporting and managed subsidiaries in the U.S., China, and India. He also served as a manager in the new business development team of BGF Holdings. Mr. Yoon has also served as a senior consultant at Rolan Berger Strategic Consultants (Seoul) and as a consultant at Deloitte Consulting Southeast Asia. He obtained his Master of Business Administration from Keio Business School and his Bachelor of Business Administration from Yonsei University. Andrew Yun, age 50 Mr. Yun, currently serves on the Company's board of directors and was appointed to strengthen the Company's internal controls, legal compliance, and corporate governance functions. Mr. Yun is the managing partner of Yun Law Group, and his practice is focused on all matters related to business, including business transactions, corporate governance, and mergers and acquisitions. Prior to founding Yun Law Group, Mr. Yun was senior legal counsel to the largest energy and electronics conglomerates in the world. Mr. Yun obtained his B.A. from Claremont McKenna College and his J.D. from Loyola Law School, Los Angeles. There are no family relationships between Jaeho Yoon or Andrew Yun and any other director or executive officer of the Company, and they have no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission. Caution Regarding Forward-Looking Statements This report includes certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section