Yoshiharu Global receives Nasdaq delisting notice for stockholders' equity below $2.5M

Vestand Inc.

Nasdaq notified Yoshiharu Global on Aug 21, 2024 that stockholders' equity fell below $2.5M minimum, failing Rule 5550(b)(1).
Company has until October 7, 2024 to submit a plan to regain compliance; Nasdaq may grant up to 180-day extension.
If plan is rejected, Company can appeal to a Nasdaq Hearings Panel, which would stay delisting pending decision.
Company is evaluating options but cannot assure it will regain compliance or avoid delisting.

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