Welcome to our dedicated page for Vestand SEC filings (Ticker: VSTD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Vestand Inc. (NASDAQ: VSTD) files a range of reports and current disclosures with the U.S. Securities and Exchange Commission that shed light on its evolution as a global investment platform integrating real-world assets with crypto treasury strategies. On this page, you can track the company’s Forms 8-K and other SEC filings as they are released, with AI-powered tools available on Stock Titan to help summarize key points and explain complex sections in clear language.
Recent Vestand 8-K filings describe material agreements and financing arrangements, including a Convertible Note Subscription Agreement and subsequent amendments that changed the permitted use of proceeds and partially terminated unfunded capital commitments. Other filings detail the company’s share purchase agreement, through its Vestand Korea subsidiary, to acquire a controlling interest in AI Mindbot Equity, identified as the largest shareholder of Xcure Corp., a Kosdaq-listed smart card and mobile security platform technology company.
Vestand’s SEC reports also cover significant financial reporting and governance matters. The company has disclosed that a wide range of previously issued annual and quarterly financial statements should no longer be relied upon and that restatements will be prepared. These filings outline identified inconsistencies and inaccuracies, material weaknesses in internal controls over financial reporting, and steps being taken to enhance accounting, compliance and governance functions, including changes in auditors and key financial and compliance leadership.
In addition, Vestand has filed 8-Ks reporting Nasdaq notices related to late filing of a Quarterly Report on Form 10-Q and non-compliance with the $1.00 minimum bid price requirement, as well as litigation alleging contractual fraud tied to investments in its initial public offering. Through Stock Titan, users can access these filings in one place, see real-time updates as new documents are posted to EDGAR, and use AI-generated summaries to quickly understand items such as 10-K and 10-Q disclosures, material 8-K events and, where applicable, insider-related information reported on SEC forms.
Vestand Inc. notifies the SEC that it cannot timely file its Annual Report on Form 10-K for the year ended December 31, 2025 because it is completing a restatement of Previously Issued Financial Statements beginning with September 30, 2022 through June 30, 2025.
The company says the Restatement follows its Audit Committee Report and an Independent Accountant’s Report on Applying Agreed-Upon Procedures, and that the financial impacts for the year ended December 31, 2025 are expected but not yet determined. Vestand plans to file the Annual Report as soon as practicable after completing the Restatement.
Vestand Inc. temporarily suspended its restaurant operations after the Board approved this step on March 2, 2026 to mitigate ongoing operating losses and stabilize the company’s financial condition. The company has closed 12 restaurant locations across Nevada and California and may close additional sites.
The filing notes several California locations, including Buena Park, Eastvale, La Mirada, Irvine, and Ontario, are in lease-related default, giving landlords remedies under their leases. Director and Chief Compliance Officer Andrew Yun resigned on February 27, 2026, citing concerns about the company’s direction, and director Abe Lim resigned on March 3, 2026, with no stated disagreement.
Vestand Inc. describes changes to a key financing agreement and a later partial termination of unfunded capital. The company previously entered into a $4,400,000 convertible note subscription with Open Innovation Fund, originally restricted to California real estate projects. On September 10, 2025, Vestand and the investor signed a Change of Use Amendment so that proceeds may instead be used for general operating expenses, financial restructuring and risk management, selective growth investments, new business acquisitions, and internal control and system improvements, with all other terms unchanged. The company notes that the related report was filed late due to an inadvertent lapse. Vestand also reports that while the investor funded a first tranche of $2,900,000, the remaining $1,500,000 was not funded and, on December 12, 2025, both parties agreed through a Partial Termination Confirmation to end the investor’s commitment to that unfunded amount, leaving the terms governing the funded capital in place.
Vestand Inc. received a written notice from Nasdaq that its Class A common stock no longer meets the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The notice is based on the stock closing below $1.00 for 30 consecutive business days, but it has no immediate effect on the listing or trading of shares under the symbol VSTD.
The company has 180 calendar days, until June 10, 2026, to regain compliance by having a closing bid of at least $1.00 for a minimum of ten consecutive business days. If it meets other Nasdaq listing standards and notifies Nasdaq of plans to cure the deficiency, including a potential reverse stock split, it may receive an additional 180-day period. If the price falls to $0.10 or less for ten consecutive trading days, Nasdaq can issue an immediate delisting determination. Vestand is monitoring its share price and evaluating possible responses but has not yet decided on specific actions.
Vestand Inc. director James Chae reported multiple sales of Class A common stock, $0.0001 par value, on 12/10, 12/11 and 12/12/2025. The transactions each involved 5,000 to 5,889 shares, with reported sale prices including $0.435, $0.4425 and $0.4501 per share.
After completing these sales, Chae beneficially owns 2,115,792 shares of Vestand Class A common stock, held directly.
Vestand Inc. (VSTD) director and 10% owner James Chae reported share sales in a Form 4 filing. On 11/20/2025, he sold 804 shares of Class A common stock at $0.5762 per share and 5,000 shares at $0.56 per share. On 11/24/2025, he sold an additional 2,196 shares at $0.5537 per share. After these transactions, Chae beneficially owned 2,226,681 shares of Vestand Class A common stock directly.
Vestand Inc. (VSTD) reported insider activity by a director and 10% owner, James Chae, on a Form 4. He reported three open-market sales of Class A common stock at a par value of $0.0001 per share. On 11/17/2025 he sold 1 share at $0.575, on 11/18/2025 he sold 4,960 shares at $0.5313, and on 11/19/2025 he sold 4,999 shares at $0.5688, all reported as direct ownership sales. After these transactions, he directly beneficially owned 2,234,681 shares of Vestand Class A common stock.
Vestand Inc. (VSTD) director and 10% owner James Chae reported open-market sales of Class A common stock. On 11/12/2025, he sold multiple blocks totaling 17,916 shares at prices between $0.5347 and $0.54 per share. On 11/14/2025, he sold additional blocks totaling 37,084 shares at prices between $0.5401 and $0.5606 per share. After these transactions, he directly beneficially owns 2,244,371 shares of Vestand Class A common stock.
Vestand (VSTD) director James Chae reported open-market sales of 109,427 shares of Class A common stock on 11/05/2025 and 11/06/2025, at prices between $0.5354 and $0.5821 per share.
Following these transactions, he beneficially owned 2,299,371 shares, held directly.