Yoshiharu Global Co. Files S-1/A Amendment

TL;DR

Yoshiharu Global Co. amended its IPO filing. Public offering details coming soon.

AI Summary

Yoshiharu Global Co. filed an S-1/A amendment on September 9, 2024, for its initial public offering under the Securities Act of 1933. The company, incorporated in Delaware, operates in the retail-eating places sector (SIC code 5812) and is based in Buena Park, California. This filing is an amendment to their previous registration statement, SEC file number 333-278840.

Why It Matters

This S-1/A filing indicates Yoshiharu Global Co. is moving forward with its public offering, providing updated information to potential investors.

Risk Assessment

Risk Level: medium — As an S-1/A filing, it represents a company seeking to go public, which inherently carries higher risks than established public companies.

Key Numbers

• 333-278840 — SEC File Number (Identifies the specific registration filing with the SEC.)
• 5812 — SIC Code (Classifies the company's industry as Retail-Eating Places.)

Key Players & Entities

• Yoshiharu Global Co. (company) — Registrant
• 333-278840 (dollar_amount) — SEC File Number
• September 9, 2024 (date) — Filing Date
• Delaware (company) — State of Incorporation
• 5812 (dollar_amount) — SIC Code
• Buena Park, CA (company) — Business Address

FAQ

Key Financial Figures

• $0.0001 — of our Class A common stock, par value $0.0001 per share ("Class A Common Stock"). All
• $5,000,000 — that we may sell up to an aggregate of $5,000,000 of our Class A Common Stock to the Sell
• $4.48 — tock on Nasdaq on September 6, 2024 was $4.48 per share. Investing in our securitie
• $4.00 — n Stock") at a public offering price of $4.00 per share, generating gross proceeds of
• $11,760,000 — per share, generating gross proceeds of $11,760,000. Net proceeds from the IPO were approxi
• $10.3 million — roceeds from the IPO were approximately $10.3 million after deducting underwriting discounts
• $1.5 million — ther offering expenses of approximately $1.5 million. We granted the underwriters a 45-day
• $5.00 — an initial exercise price per share of $5.00 (equal to 125% of the initial public of
• $1.2 million — t volume ("AUV", as defined herein) was $1.2 million in 2022 and $1.1 million in 2023. Qua
• $1.1 million — ed herein) was $1.2 million in 2022 and $1.1 million in 2023. Quality of Food and Excellen

Filing Documents

• forms-1a.htm (S-1/A) — 582KB
• ex5-1.htm (EX-5.1) — 21KB
• ex23-1.htm (EX-23.1) — 4KB
• ex107.htm (EX-FILING FEES) — 119KB
• ex5-1_001.jpg (GRAPHIC) — 7KB
• ex5-1_002.jpg (GRAPHIC) — 3KB
• ex23-1_001.jpg (GRAPHIC) — 3KB
• 0001493152-24-035517.txt ( ) — 1054KB
• yosh-20240909.xsd (EX-101.SCH) — 3KB
• yosh-20240909_def.xml (EX-101.DEF) — 29KB
• yosh-20240909_lab.xml (EX-101.LAB) — 36KB
• yosh-20240909_pre.xml (EX-101.PRE) — 26KB
• forms-1a_htm.xml (XML) — 5KB

Risk Factors

Risk Factors 10 Special Note Regarding Forward-Looking Statements 12 The Alumni Capital Transaction 13

Use of Proceeds

Use of Proceeds 17 Market for Common Stock and Dividend Policy 18 Capitalization 19

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 20

Description of Securities

Description of Securities 21 Selling Stockholder 24 Plan of Distribution 25

Executive Compensation

Executive Compensation 27 Legal Matters 32 Experts 32 Incorporation of Certain Information by Reference 33 Where You Can Find More Information 34 i ABOUT THIS PROSPECTUS The registration statement on Form S-1 of which this prospectus forms a part and that we have filed with the U.S. Securities and Exchange Commission (the "SEC"), includes exhibits that provide more detail of the matters discussed in this prospectus. You should read this prospectus and the related exhibits filed with the SEC, together with the additional information described under the heading " Where You Can Find More Information ." You should rely only on the information contained in this prospectus and the related exhibits, any prospectus supplement or amendment thereto, or to which we have referred you, before making your investment decision. Neither we, nor the selling stockholder named herein (the "Selling Stockholder"), nor any financial advisor engaged by us or the Selling Stockholder in connection with this offering, have authorized anyone to provide you with additional information or information different from that contained in this prospectus. Neither the delivery of this prospectus nor the sale of our securities means that the information contained in this prospectus is correct after the date of this prospectus. You should not assume that the information contained in this prospectus, any prospectus supplement or amendments thereto, as well as information we have previously filed with the SEC, is accurate as of any date other than the date on the front cover of the applicable document. Our business, financial condition, results of operations and prospects may have changed since those dates. This prospectus is an offer to sell only the securities offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The Selling Stockholder is not offering to sell or seeking offers to purchase these securities in any jurisdiction where th

Properties

Properties As of June 30, 2024, we operated 14 restaurant stores with an additional 2 restaurant stores under construction /development . We operate a variety of restaurant formats, including in-line and end-cap restaurants located in retail centers of varying sizes. Our restaurants currently average approximately 1,792 square feet. We lease the property for our corporate offices and all of the properties on which we operate our restaurants. 3 The table below shows the locations of our restaurants as of June 30, 2024: Store Location Address Year Launched Orange 1891 N Tustin St, Orange, CA 92865 2016 Buena Park 6970 Beach Blvd, #F206 Buena Park, CA 90621 2017 Whittier 8426 Laurel Ave, STE A Whittier, CA 90605 2017 Chino 4004 Grand Ave STE C Chino, CA 91710 2019 Eastvale 4910 Hamner Ave STE 150, Eastvale, CA 91752 2020 Irvine 3935 Portola Pkwy, Irvine, CA 92602 2021 La Mirada 12806 La Mirada Blvd, La Mirada, CA 90638 2022 Cerritos 11533 South St, Cerritos, CA 90703 2022 Corona 440 N Mckinley St STE 101, Corona, CA 92879 2023 Garden Grove 9812 Chapman Avenue Garden Grove, CA 92841 2023 Laguna 32341 Golden Lantern, STE B, Laguna Niguel, CA 92677 1Q 2024 Las Vegas 6125 S. Fort Apache Road, Suite 200, L

View Full Filing

View this S-1/A filing on SEC EDGAR