Financing Provides Additional Operating Liquidity and Financial Flexibility to Support U.S. and International Expansion Plans BUENA PARK, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced that it has entered into a securities purchase agreement (the "Securities Purchase Agreement"), under which the Company has sold and issued a senior unsecured convertible promissory note in an original principal amount of $1.1 million (the "Note") to Crom Structured Opportunities Fund I, LP (the "Investor"). The Company also announced that it has entered into
Third Quarter 2024 Revenues Increase 49% to $3.0 Million 9M 2024 Revenues Increase 36% to $9.2 Million Strategic Partnerships in Sichuan and Liaoning Provinces in China Anchor International Expansion Plans, Entry into Growing Korean BBQ Segment Expands Presence and Cuisine BUENA PARK, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 and Recent Operational Highlights Grand opening of a new restaurant in San Clemente, CA, bringing the number of locations to 15 with 2 a
New Restaurant Expands Footprint to 15 Locations with 2 Additional Locations in Development BUENA PARK, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the grand opening of a new restaurant in San Clemente, CA, on Thursday, October 31, 2024, bringing the number of locations to 15 with 2 additional locations under construction. Yoshiharu's new restaurant is centrally located at 638 Camino De Los Mares in the Ocean View Plaza in San Clemente, a classic beach town destination known for its beaches, world class surfing and vibrant dining scene.
Agreement to Broaden International Footprint and Introduce Yoshiharu Global's Expanding Cuisine in Multiple Hotel Locations BUENA PARK, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, has entered into a non-binding Memorandum of Understanding ("MoU") with Chengdu Octaday Entertainment Group through a Master License Agreement ("MLA") for the Sichuan Province in China to introduce Yoshiharu Global's Expanding Cuisine in Sichuan Province, China, with a rich and diverse culture and home to over 83 million people. Chengdu Octaday Entertainment Group is a Chine
Agreement with Xing Sheng Group will Bring Yoshiharu Global's Expanding Cuisine to its First International Location BUENA PARK, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, has entered into a non-binding Memorandum of Understanding ("MoU") with Xing Sheng Group through a Master License Agreement ("MLA") for the Liaoning Province in China to introduce a new flagship Yoshiharu restaurant in Shenyang, China, home to over 43 million people. Founded in 1991, Xing Sheng Group is a prominent Chinese conglomerate with ventures in real estate, investments, an
Investment Commences Rollout of Strategic Entry into High Growth Category, Leveraging Synergies with Existing Ramen Business to Drive Market Opportunity and Footprint BUENA PARK, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the closing of a non-brokered $1.0 million private placement investment from an accredited investor and intends to use these proceeds for the Company's expansion into the Korean BBQ ("KBBQ") segment. As previously-announced, Yoshiharu has identified a growing trend of demand for KBBQ cuisine, predominantly in Southern
Korean BBQ Synergies with Existing Ramen Business to Drive Expanding Market Opportunity and Footprint in High Growth Category BUENA PARK, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the planned entry into the lucrative and growing Korean BBQ ("KBBQ") category. Through active and strategic conversations with KBBQ store operators and the investment community, Yoshiharu has identified a growing trend of demand for KBBQ cuisine, predominantly in Southern California, as the popularity of Korean street food has expanded American's rising appe
BUENA PARK, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, reported results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Operational Highlights Closed the acquisition of three Las Vegas restaurants, boosting the Company's annual revenues by $6 millionAnnounced auditor transition away from BF Borgers CPASix months 2024 revenue increased 30.9% to $6.1 millionYoY improvements across operating loss, adjusted EBITDA, and net loss as the Company continues to efficiently manage general administration expensesRestaurant-level
BUENA PARK, CA / ACCESSWIRE / June 27, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has received a notification letter from the Nasdaq Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") on June 21, 2024, notifying the Company that because it has not yet filed its Form 10-Q for the quarter ended March 31, 2024 (the "Filing"), Nasdaq has determined that the Company has failed to comply with the filing requirement set forth in Listing Rule 5250(c)(1).Under applicable Nasdaq rules, the Company has up to 60 calendar days to submit a plan to regain complia
BUENA PARK, CA / ACCESSWIRE / June 17, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has closed the previously announced asset purchase agreement with a restaurant operator ("Seller") to acquire certain restaurant assets held by Jjanga LLC, HJH LLC and Ramen Aku LLC for an aggregate $3.6 million.The acquisition was financed through a combination of cash, promissory note, and a convertible note, which provides the Seller with the option to convert the debt into Class A YOSH common shares. The Seller will also serve as the managing director of each restaurant through an employment agree
4 - Yoshiharu Global Co. (0001898604) (Issuer)
4 - Yoshiharu Global Co. (0001898604) (Issuer)
Investment Commences Rollout of Strategic Entry into High Growth Category, Leveraging Synergies with Existing Ramen Business to Drive Market Opportunity and Footprint BUENA PARK, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the closing of a non-brokered $1.0 million private placement investment from an accredited investor and intends to use these proceeds for the Company's expansion into the Korean BBQ ("KBBQ") segment. As previously-announced, Yoshiharu has identified a growing trend of demand for KBBQ cuisine, predominantly in Southern
BUENA PARK, CA / ACCESSWIRE / February 20, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced the grand opening of its 11th restaurant location in Laguna Niguel, California scheduled for tomorrow, February 21st, 2024.The Laguna Niguel location will feature a diverse selection of culinary dishes to cater to all palates, including sushi, bento boxes, rice bowls, appetizers and the signature Yoshiharu ramen."We are pleased to announce our 11th location in Laguna Niguel, California expanding our presence further in the heavily populated Orange County region," said James Chae, Yoshiha
BUENA PARK, CA / ACCESSWIRE / December 14, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced the upcoming opening of its 10th restaurant location in Garden Grove, California scheduled for December 18th, 2023.The Garden Grove location will feature a diverse range of culinary dishes to cater to each customer's palates and preferences including sushi, bento boxes, rice bowls, and the signature Yoshiharu ramen."We are pleased to announce the opening of our 10th location in Garden Grove, California," said James Chae, Yoshiharu's President, CEO, and Chairman of the Board. "We remain s
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