secwatch.observer — SEC 8-K summary
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Issuer:     Vestand Inc. (VSTD)
CIK:        0001898604
Form:       8-K
Filed at:   2026-05-28T21:19:15+00:00
Accession:  0001493152-26-025663
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud

Vestand Inc. enters into $200,000 loan agreement with Good Mood Studio Inc., secured by equity in Vestand Korea
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- Borrowed $200,000 from Good Mood Studio Inc. at 16% simple interest, due September 16, 2026.
- Loan is secured by 100% of Vestand's equity interest in Vestand Korea Co., Ltd.
- Default interest rate is 18% per annum on overdue amounts.
- Proceeds used for general corporate and operating purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898604/000149315226025663/0001493152-26-025663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898604/000149315226025663/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-025663

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