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BUENA PARK, Calif. - Yoshiharu Global Co. (NASDAQ: YOSH), a $25.77 million market cap company known for its chain of Japanese ramen and roll restaurants, has announced a strategic move into the U.S. real estate market, partnering with Good Mood Studio and Wealthrail. The company, whose stock has surged over 345% year-to-date according to InvestingPro data, signed a Memorandum of Understanding with Good Mood Studio, a firm experienced in property flips, and is set to invest $2 million for a 10% stake in Wealthrail, a real estate tokenization platform.
The collaboration between Yoshiharu, Good Mood Studio, and Wealthrail is aimed at developing real estate projects and exploring digital asset ventures. James Chae, Yoshiharu’s President, CEO, and Chairman of the Board, highlighted the company’s intent to leverage its on-the-ground expertise and investment in AI and Security Token Offering technologies to establish a foothold in the PropTech sector. InvestingPro analysis suggests the stock is currently trading above its Fair Value, with high price volatility being a key characteristic of the investment.
Yoshiharu has already acquired two residential properties through Wealthrail and plans to continue expanding its joint operations and acquisitions throughout the year. This diversification strategy is part of the company’s efforts to build a stable foundation for sustained growth.
Founded in 2016, Yoshiharu quickly became a recognized name in Southern California for its Japanese dining experience. The company has since expanded its reach, currently owning and operating 15 restaurants across Southern California and Las Vegas. Financial data reveals impressive revenue growth of 41.82% in the last twelve months, though with relatively modest gross profit margins of 16.73%.
The press release includes forward-looking statements regarding Yoshiharu’s growth strategy and market positioning, which involve risks and uncertainties that could cause actual results to differ from those projected. The company has stated that it does not intend to update these forward-looking statements except as required by law.
This news is based on a press release statement from Yoshiharu Global Co. and reflects the company’s current plans and expectations in the real estate and PropTech industries.
In other recent news, Yoshiharu Global Co. has taken decisive steps to address its financial standing and governance structure. The company has converted $2.5 million of debt into equity and secured additional financing commitments amounting to $1.65 million. These actions are intended to strengthen Yoshiharu’s balance sheet and meet Nasdaq’s minimum stockholders’ equity requirement for continued listing. In addition, the company has secured $1.9 million in financing commitments from investors to further ensure compliance with Nasdaq’s equity rules.
On the governance front, Yoshiharu Global Co. announced changes to its Board of Directors, with Yusil Yeo and Harinne Kim resigning and Abe Lim and Jae-Hyo Seo nominated as independent directors. The company also appointed Sungjoon Chae, an architect and urban designer, to the board, enhancing its strategic direction as it seeks expansion. James Chae, the company’s President and CEO, expressed optimism about these developments, highlighting the potential for future growth. These changes come as Yoshiharu prepares for a Nasdaq appeal hearing on April 1, 2025, to demonstrate compliance with listing requirements.
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