Yoshiharu Global receives Nasdaq delisting notice for failure to meet equity requirement

Vestand Inc.

Nasdaq notified Yoshiharu Global on Feb 18, 2025 of scheduled delisting from Nasdaq Capital Market for failure to comply with Listing Rule 5550(b)(1) requiring minimum $2.5M stockholders' equity.
Company failed to regain compliance by Feb 17, 2025 deadline; securities will be suspended at open of business on Feb 27, 2025.
Company intends to request a hearing (requires $20,000 non-refundable fee) to stay delisting pending Panel decision; no assurance of success.

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