Vestand, Inc. engages in the operation of a Japanese restaurant under the name Yoshiharu Ramen. It offers Japanese ramens, rice bowls, and appetizers. The company was founded by James Chae in 2016 and is headquartered in Buena Park, CA.
Vestand Receives Nasdaq Staff Determination Notification Regarding Late 10-Q and 10-K Filings and Continued Listing Requirements
Vestand received a Nasdaq Staff Delisting Determination for failing to file three periodic reports: the 10-Q for Q3 2025, the 10-K for FY 2025, and the 10-Q for Q1 2026.
The company has requested a hearing before the Nasdaq Hearings Panel to appeal the determination, which automatically stays trading suspension for 15 days.
Vestand stated it is working to file the delinquent reports but offered no assurance they will be filed before the hearing or that the stay will be extended.