---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-004922"
form_type: "8-K"
ticker: "VSTD"
cik: "0001898604"
company_name: "Vestand Inc."
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T15:01:59.201816+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Yoshiharu Global sells 400,000 warrants at $2.50 each for $1M to maintain Nasdaq listing

## Summary
- Sold 400,000 warrants to two investors for $1M total ($2.50/warrant), each exercisable for one share of Class A common stock at $0.01.
- Proceeds to be used to maintain Nasdaq continued listing standards and for general corporate purposes.
- Company must file a registration statement for the underlying shares within 30 days of filing its 10-K or face potential repurchase/refund obligations.
- If stockholder approval is not obtained within 75 days, investors may demand a full refund of the subscription amount.
- Board determined the pricing was in the best interests of the company given its immediate capital needs.

## SEC filing metadata
- accession: 0001641172-25-004922
- form_type: 8-K
- ticker: VSTD
- cik: 0001898604
- company_name: Vestand Inc.
- filed_at: 2025-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898604/000164117225004922/0001641172-25-004922-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898604/000164117225004922/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-004922
- JSON: https://secwatch.observer/filing/0001641172-25-004922.json
- Plain text: https://secwatch.observer/filing/0001641172-25-004922.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.