---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-010046"
form_type: "8-K/A"
ticker: "VSTD"
cik: "0001898604"
company_name: "Vestand Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T10:37:09.766061+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Yoshiharu Global stockholders approve three directors, 4-for-1 forward split, authorized share increase to 100M

## Summary
- Elected Abe Lim, Jae-Hyo Seo, and Sungjoon Chae to the board at May 5 special meeting; 91% of shares represented.
- Approved charter amendment converting Class B shares automatically and changing stockholder vote threshold for corporate actions.
- Authorized increase of capital stock from 50M to 100M shares (Class A and Class B common).
- Approved 4-for-1 forward stock split via stock dividend; holders receive three additional shares per share held.
- Change-of-control proposal and issuance of up to 2.72M Class A shares (20%+ of outstanding) also approved.

## SEC filing metadata
- accession: 0001641172-25-010046
- form_type: 8-K/A
- ticker: VSTD
- cik: 0001898604
- company_name: Vestand Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898604/000164117225010046/0001641172-25-010046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898604/000164117225010046/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-010046
- JSON: https://secwatch.observer/filing/0001641172-25-010046.json
- Plain text: https://secwatch.observer/filing/0001641172-25-010046.txt

## Key facts
- Executive change
  Abe Lim was elected as Director at Vestand Inc..
  - Action: elected
  - Role: Director
  source text: the stockholders approved the election to the board of directors of Abe Lim, Jae-Hyo Seo and Sungjoon Chae.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000164117225010046/0001641172-25-010046-index.htm
- Executive change
  Sungjoon Chae was elected as Director at Vestand Inc..
  - Action: elected
  - Role: Director
  source text: the stockholders approved the election to the board of directors of Abe Lim, Jae-Hyo Seo and Sungjoon Chae.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000164117225010046/0001641172-25-010046-index.htm
- Executive change
  Jae-Hyo Seo was elected as Director at Vestand Inc..
  - Action: elected
  - Role: Director
  source text: the stockholders approved the election to the board of directors of Abe Lim, Jae-Hyo Seo and Sungjoon Chae.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000164117225010046/0001641172-25-010046-index.htm

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