---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-012905"
form_type: "8-K"
ticker: "VSTD"
cik: "0001898604"
company_name: "Vestand Inc."
filed_at: "2025-05-29T23:59:59+00:00"
generated_at: "2026-05-20T06:40:33.086497+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Yoshiharu Global Co. appoints Ji-Won Kim as Co-CEO and Seongjin Kim as director after director resignation

## Summary
- Director Sungjoon Chae resigned from Board effective May 22, 2025, with no disagreement with management or Board.
- Ji-Won Kim appointed as director and Co-CEO; has 20+ years food service experience, CEO of Macho Galbi.
- Seongjin Kim appointed as director; attorney with experience as prosecutor and military judicial officer.
- No family relationships or transactions requiring disclosure between nominees and existing officers/Board.

## SEC filing metadata
- accession: 0001641172-25-012905
- form_type: 8-K
- ticker: VSTD
- cik: 0001898604
- company_name: Vestand Inc.
- filed_at: 2025-05-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898604/000164117225012905/0001641172-25-012905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898604/000164117225012905/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-012905
- JSON: https://secwatch.observer/filing/0001641172-25-012905.json
- Plain text: https://secwatch.observer/filing/0001641172-25-012905.txt

## Key facts
- Executive change
  Sungjoon Chae resigned as Director at Vestand Inc..
  - Action: resigned
  - Role: Director
  source text: On May 22, 2025, Sungjoon Chae, a member of the Board of Directors (the “Board”) of Yoshiharu Global Co. (the “Company”), notified the Company of his intention to resign from the Board and all committees of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000164117225012905/0001641172-25-012905-index.htm
- Executive change
  Seongjin Kim was appointed as Director at Vestand Inc..
  - Action: appointed
  - Role: Director
  source text: the Board nominated Seongjin Kim to serve as a director of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898604/000164117225012905/0001641172-25-012905-index.htm

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