Yoshiharu Provides Update to Delisting Notice from Nasdaq on Stockholders’ Equity
Yoshiharu Global Co. (NASDAQ: YOSH) has provided an update regarding its Nasdaq delisting notice and stockholders' equity compliance. The company received a notification on February 18, 2025, stating it remains non-compliant with the minimum stockholders' equity requirement of $2,500,000 for continued listing.
To address this issue, Yoshiharu has secured financing commitments totaling $1.914 million through two private placements:
- 285,600 shares for $714,000
- 480,000 warrants for $1.2 million
These capital commitments are expected to help the company achieve the required minimum stockholders' equity ahead of its Nasdaq appeal hearing scheduled for April 1, 2025. The company plans to continue its expansion with new U.S. locations, international partnerships, and additional cuisine segments.
Yoshiharu Global Co. (NASDAQ: YOSH) ha fornito un aggiornamento riguardo la notifica di delisting da Nasdaq e la conformità con il requisito di patrimonio netto degli azionisti. L'azienda ha ricevuto una notifica il 18 febbraio 2025, che indica che rimane non conforme con il requisito minimo di patrimonio netto degli azionisti di $2.500.000 per il mantenimento della quotazione.
Per affrontare questa questione, Yoshiharu ha ottenuto impegni di finanziamento per un totale di $1,914 milioni attraverso due collocamenti privati:
- 285.600 azioni per $714.000
- 480.000 warrant per $1,2 milioni
Questi impegni di capitale si prevede aiutino l'azienda a raggiungere il patrimonio netto minimo richiesto prima dell'udienza di appello di Nasdaq programmata per 1 aprile 2025. L'azienda prevede di continuare la sua espansione con nuove sedi negli Stati Uniti, partnership internazionali e ulteriori segmenti culinari.
Yoshiharu Global Co. (NASDAQ: YOSH) ha proporcionado una actualización sobre su notificación de deslistado de Nasdaq y el cumplimiento del patrimonio neto de los accionistas. La compañía recibió una notificación el 18 de febrero de 2025, indicando que sigue sin cumplir con el requisito mínimo de patrimonio neto de $2,500,000 para mantener la cotización.
Para abordar este problema, Yoshiharu ha asegurado compromisos de financiamiento por un total de $1.914 millones a través de dos colocaciones privadas:
- 285,600 acciones por $714,000
- 480,000 warrants por $1.2 millones
Se espera que estos compromisos de capital ayuden a la empresa a alcanzar el patrimonio neto mínimo requerido antes de la audiencia de apelación de Nasdaq programada para 1 de abril de 2025. La compañía planea continuar su expansión con nuevas ubicaciones en EE. UU., asociaciones internacionales y segmentos culinarios adicionales.
Yoshiharu Global Co. (NASDAQ: YOSH)는 Nasdaq 상장 취소 통지 및 주주 자본 준수에 대한 업데이트를 제공했습니다. 회사는 2025년 2월 18일에 $2,500,000의 최소 주주 자본 요건을 계속 충족하지 못하고 있다는 통지를 받았습니다.
이 문제를 해결하기 위해 Yoshiharu는 두 개의 사모 배정을 통해 총 $1.914 백만의 자금 약속을 확보했습니다:
- $714,000에 285,600주
- $1.2 백만에 480,000 워런트
이 자본 약속은 회사가 2025년 4월 1일로 예정된 Nasdaq 항소 청문회 전에 필요한 최소 주주 자본을 달성하는 데 도움이 될 것으로 예상됩니다. 회사는 미국 내 새로운 지점, 국제 파트너십 및 추가 요리 분야로의 확장을 계속할 계획입니다.
Yoshiharu Global Co. (NASDAQ: YOSH) a fourni une mise à jour concernant son avis de radiation de Nasdaq et la conformité au capital des actionnaires. La société a reçu une notification le 18 février 2025, indiquant qu'elle n'est toujours pas conforme à l'exigence minimale de capital des actionnaires de 2 500 000 $ pour le maintien de la cotation.
Pour remédier à ce problème, Yoshiharu a sécurisé des engagements de financement totalisant 1,914 million de dollars par le biais de deux placements privés :
- 285 600 actions pour 714 000 $
- 480 000 bons de souscription pour 1,2 million de dollars
Ces engagements en capital devraient aider l'entreprise à atteindre le capital minimum requis avant son audience d'appel de Nasdaq prévue pour le 1er avril 2025. L'entreprise prévoit de poursuivre son expansion avec de nouveaux emplacements aux États-Unis, des partenariats internationaux et des segments culinaires supplémentaires.
Yoshiharu Global Co. (NASDAQ: YOSH) hat ein Update zu seiner Nasdaq-Abmeldung und der Einhaltung des Eigenkapitalanforderungen der Aktionäre bereitgestellt. Das Unternehmen erhielt am 18. Februar 2025 eine Mitteilung, dass es weiterhin nicht den Mindestanforderungen an das Eigenkapital der Aktionäre von $2.500.000 für eine fortgesetzte Listung entspricht.
Um dieses Problem anzugehen, hat Yoshiharu Finanzierungszusagen in Höhe von insgesamt $1,914 Millionen durch zwei Privatplatzierungen gesichert:
- 285.600 Aktien für $714.000
- 480.000 Warrants für $1,2 Millionen
Diese Kapitalzusagen sollen dem Unternehmen helfen, das erforderliche Mindest-Eigenkapital vor der für 1. April 2025 geplanten Nasdaq-Berufungsverhandlung zu erreichen. Das Unternehmen plant, seine Expansion mit neuen Standorten in den USA, internationalen Partnerschaften und zusätzlichen Küchenbereichen fortzusetzen.
- Secured $1.914 million in new financing commitments
- Expected to meet Nasdaq's minimum stockholders' equity requirement of $2.5 million
- Expanding operations with new U.S. locations and international partnerships
- Currently non-compliant with Nasdaq listing requirements
- Facing potential delisting risk if appeal is unsuccessful
- Dilution of existing shareholders through new share issuance
Company Secures Financing Commitments of
New Capital Positions Yoshiharu to Achieve Stockholders’ Equity Minimum Ahead of Nasdaq Hearing on April 1, 2025
BUENA PARK, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today provided an update regarding the notice of delisting from Nasdaq and its stockholders’ equity.
On February 18, 2025, the Company received a notification letter (the “Letter”) from the Nasdaq Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it remains out of compliance with Listing Rule 5550(b)(1), which requires that the Company maintain stockholders’ equity of at least
The Company disclosed in its Form 8-K filings on Monday, March 17, 2025, private placements with certain investors for an aggregate of 285,600 shares for a purchase price of
James Chae, Yoshiharu’s President, CEO and Chairman of the Board, commented, “We would like to thank our financing partners and shareholders for their support through these capital commitments and optimism for our continued momentum with the opening of new U.S. locations, partnerships to expand our geographic footprint internationally, and expansion into additional cuisine segments.”
These new capital commitments position the Company to achieve the minimum stockholders’ equity of at least
About Yoshiharu Global Co.
Yoshiharu is a fast-growing restaurant operator and was born out of the idea of introducing the modernized Japanese dining experience to customers all over the world. Specializing in Japanese ramen, Yoshiharu gained recognition as a leading ramen restaurant in Southern California within six months of its 2016 debut and has continued to expand its top-notch restaurant service across Southern California and Las Vegas, currently owning and operating 15 restaurants.
For more information, please visit www.yoshiharuramen.com.
Forward Looking Statements
This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding our position to execute on our growth strategy, and our ability to expand our leadership position. These forward-looking statements include, but are not limited to, the Company's beliefs, plans, goals, objectives, expectations, assumptions, estimates, intentions, future performance, other statements that are not historical facts and statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in, or suggested by, these forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our filings with the SEC including our Form 10-K for the year ended December 31, 2023, and subsequent reports we file with the SEC from time to time, which can be found on the SEC's website at www.sec.gov. Such risks, uncertainties, and other factors include, but are not limited to: that there can be no assurance that the Company will meet Nasdaq Listing Rule 5550(b)(1) during any compliance period or otherwise in the future, that there can be no assurance that the Company will otherwise meet Nasdaq compliance standards, and that there can be no assurance that Nasdaq will grant the Company any relief from delisting as necessary or whether the Company can agree to or ultimately meet applicable Nasdaq requirements for any such relief. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Relations Contact:
Larry W Holub
Director
MZ North America
YOSH@mzgroup.us
312-261-6412
FAQ
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