secwatch.observer — SEC 8-K summary
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Issuer:     Vestand Inc. (VSTD)
CIK:        0001898604
Form:       8-K/A
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001641172-25-010046
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898604/000164117225010046/0001641172-25-010046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898604/000164117225010046/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-010046

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