{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-035019","form_type":"8-K/A","ticker":"VSTD","cik":"0001898604","company_name":"Vestand Inc.","filed_at":"2024-09-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.148360+00:00","generated_at":"2026-05-31T06:30:20.022254+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Yoshiharu closes $3.6M acquisition of three Las Vegas restaurants; expects $6M annual revenue","bullets":["Acquired assets of Jjanga, HJH, Ramen Aku for $3.6M ($1.8M cash + $600K note + $1.2M convertible note).","Seller Jiyuck Hwang becomes managing director; annual salary $180K plus RSUs up to $100K.","Acquired entities had combined revenue $5.7M in 2023, net income $299K, but accumulated deficit $4.9M.","CEO expects acquired restaurants to generate $6M annual revenue, achieving breakeven in H2 2024 and profitability in 2025.","Filing amends prior 8-K to correct errors in combined financial statements (Exhibits 99.2-99.4)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-035019","json":"https://secwatch.observer/filing/0001493152-24-035019.json","markdown":"https://secwatch.observer/filing/0001493152-24-035019.md","text":"https://secwatch.observer/filing/0001493152-24-035019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898604/000149315224035019/0001493152-24-035019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898604/000149315224035019/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:30:20.022254+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"35780d1a3bbae9612868742f27dde246d2856d09","claim":"Vestand Inc. completed an acquisition involving Jiyuck Hwang for $3.6 million (closed 2024-06-12).","evidence_excerpt":"On June 12, 2024, the Company closed the Acquisition described in Item 1.01 above for an aggregate $3.6 million.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898604/000149315224035019/0001493152-24-035019-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Jiyuck Hwang"},{"label":"Consideration","value":"$3.6 million"},{"label":"Closing","value":"2024-06-12"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}