Yoshiharu Global Company (YOSH) News

Thank you, bro.

Oh read it wrong reasons for selling -> 1. James sold the shares in order to comply with Nasdaq float requirements


Floats to small :D

Form-4 shows it was a sale = https://www.otcmarkets.com/filing/html?id=17130943&guid=FjQ-kWua4r7-B3h

500k float / 1 mill o/s per finviz

Micro floater $4.47 200ma break

Don’t blink

Yup $8.00 break

YOSH: Nobody???

Beautiful call there TommyBoy!

$YOSH
https://x.com/hannahadad8890/status/1729932516486701107?s=61

Yoshiharu Global Third Quarter 2023 Earnings: US$0.068 loss per share (vs US$0.15 loss in 3Q 2022)
https://simplywall.st/stocks/us/consumer-services/nasdaq-yosh/yoshiharu-global/news/yoshiharu-global-third-quarter-2023-earnings-us0068-loss-per

Yoshiharu Signs Non-Binding Memorandum of Understanding to Acquire Las Vegas Restaurants
BUENA PARK, CA / ACCESSWIRE / September 11, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has entered into a non-binding Memorandum of Understanding ("MoU") with a restaurant operator ("Seller") to acquire Jjanga LLC, HJH LLC and Ramen Aku LLC, all located in Las Vegas, Nevada.

Yoshiharu is expected to acquire the aforementioned restaurant entities through a combination of cash (utilizing bank borrowings) and a convertible note. Under the contemplated transaction, the cash would be disbursed in installments over a predetermined number of years. Meanwhile, the convertible note would likely include a conversion provision enabling the Seller to convert the note into shares of the Company's class A common stock. The Seller, a natural person, is expected to continue as the managing director of the to-be created acquisition subsidiary entity of the Company pursuant to a separate employment and non-competition agreement.

These three acquisitions of restaurants across Las Vegas are part of Yoshiharu's expansion plan that expects to see 13 operating restaurants by the end of the year. With an annual gross revenue from the acquired restaurants exceeding $6 million and a healthy profit margin profile, Yoshiharu expects the restaurants to play an integral and sustainable part in its overall growth strategy.

Jjanga LLC and HJH LLC would serve as an extension to the seafood-centric offerings that Yoshiharu has started to diversify into. In alignment with Yoshiharu's current Izakaya concept adopted in La Mirada, this opportunity would serve as a solid foundation for broadening the Company's offerings beyond the traditional Japanese ramen domain.

The Company believes that the acquisition of Ramen Aku LLC would enhance the robust foundation of Yoshiharu's well-established ramen sector. This acquisition would further the integration of Ramen Aku's unique specialties into Yoshiharu's existing offerings and corporate culture. The Company believes that Ramen Aku's solidified presence across the Las Vegas area would position Yoshiharu to deliver a significantly expanded and diversified array of dining options to its customers.

"I am excited to announce these strategic acquisitions, which serve as a key part of our long-term goal of expanding our restaurant count and geography," said James Chae, Yoshiharu's President, CEO and Chairman of the Board. "By tapping into the robust market there, not only can we cater to the tourists but also have the advantageous position to serve the residential customers in the Las Vegas area, offering them our unparalleled services and products and establishing a strong local footprint alongside the tourist-centric strategies."

Mr. Chae continued, "Overall, we plan to strategically acquire well-established restaurants with a track record of profitability, further bolstering our Company's overall growth strategy. We are making strong progress toward our end goal of operating 13 restaurants by the end of the year and look forward to continuing our commitment to provide an authentic Japanese dining experience."

The acquisitions are subject to successful negotiation and execution of a definitive agreement as well as several contemplated closing conditions including, without limitation, audited financial statements of the target businesses, the obtainment of all requisite licenses and permits, and other customary conditions. An executed definitive agreement is also contingent upon satisfaction by the Company of all business and legal due diligence on the target businesses and is expected to contain customary representations, warranties and covenants of transactions of this nature. The Company cannot make any assurances that a definitive agreement will be executed, however the parties are targeting finalization of a definitive agreement in the early fourth quarter 2023.

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, currently owning and operating nine 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 recent filings with the Securities and Exchange Commission ("SEC") 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, the risk that we may not be able to successfully implement our growth strategy if we are unable to identify appropriate sites for restaurant locations, expand in existing and new markets, obtain favorable lease terms, attract guests to our restaurants or hire and retain personnel; that our operating results and growth strategies will be closely tied to the

Epic fail lol

Lv2 says going below .60 not on my list anymore

Pushing for .60s or lower let's see

Double bottom .60

Slow boat from china but it’s doing it

$YOSH Pushing $1.00 after-markets

Nice little dip here, starting a position. Looks set up nicely for a run up to $2.50 from here

$YOSH is ready 2.00 cloud break takes her up to new heights - buckle up!

$YOSH huge 68% ownership 13D went virtually unnoticed in this rotten market environment. Accumulate quietly and let the 'pros' still shorting at 1X sales dig their own graves deep as possible for the upside explosion that's coming.
Notice how the company already took on an IR leader well before IPO quiet period ends. Current SP is an absolute joke.

https://www.accesswire.com/716633/Yoshiharu-Global-Co-Appoints-Gateway-Group-to-Lead-Investor-Relations-Program

https://www.sec.gov/Archives/edgar/data/1898604/000149315222026453/formsc13d.htm

Sold mine today at 2.02 for a huge loss. Made most of that back on HKD and will
keep an eye on this one.

Can the RSI get any lower?. 1.81 in. Kapowww

$YOSH if they would only go bankrupt instead of opening new locations the stock would probably skyrocket like $ACY and others did.
$CMG makes tacos that stock didn't turn out to be too amusing for the shorts over the long run did it.

Volume today isn't even 750K all dark pool manipulation to get retail to throw in the towel before they run it I don't think the rubber band can stretch much farther before a reverse explosion in the opposite direction. (They can't post news because it's in IPO quiet period)


The insanity will last until it doesn't and I'll be ready.

Ridiculous

Yes the 1X sales valuation is now within reach.

Great call

Doesn’t look likely. Sub $2 today seems a given.

Hope so. I’ll jump out if it does.

In big before 4pm going back to $3 tomorrow

Didn’t quite get sub 2 today. That will be tomorrow. Ugh.

Maybe I'm wrong and they'll get it down to 1X sales lol I'll hold on until hell freezes over.

Hope you’re right. Averaged down today. Now averaged in around $3.05

Not just bad, terrible and I bet $YOSH will be over 100% CTB soon:

https://iborrowdesk.com/report/YOSH

Then it'll be on this list with my $ATXG where they forgot to cover in the $3's...hit $7.50 today.

https://iborrowdesk.com/

Today is by far the lowest volume day since the IPO and the bookrunner EF Hutton is about as low key as it gets.

Be ready when it happens I know what I'm talking about..these dark pool shorts are as greedy as ****

This company operates 6 restaurants, 3 more are under construction, and they plan to open 8 more by the end of 2022.
Check their website and also the prospectus their business is booming as the stock is tanking..

https://www.iposcoop.com/ipo/yoshiharu-global-co/

Still looks bad to me. We’ll see…

$YOSH 600K shares volume is nothing I'll say it again this straight down price action is massive shorting and as we see with some other beaten up stocks the rubber band only stretches so far. These dark pool shorts don't realize that sentiment has swung bullish on Asian IPO's just look at $HKD

This one is setting up to be especially explosive because of the limited amount of shares in the free float. The thing about warrants is also wrong what $4 warrant holder in their right mind would be selling at $2.25?

Still dropping…must be some diluting going on.

That’s what people said In the upper 3’s. This is headed sub $2 it seems.

$YOSH if not loading these levels idk what to say...ripped to $3.60's yesterday on nothing with DJI -1300

Welp…

Held like steel in a -1300 market but tanks further in a green market after the offering closes yeah I'm sure everyone saw this BS coming.

Nothing much left to say about this price action except I'm not selling.

Looks that way. Looking to get out of this on the next pop above $3.

Why would they need to cover? They can stay short do units, common or warrants as long as they need to.

$YOSH we are holding good

$YOSH offering closed but market was so bad the only a/h action might be some flippers leaving...picked up more $3.15 if futes green/flat could get a nice gap up and romp to $4...still relatively unknown IPO.

https://www.globenewswire.com/news-release/2022/09/13/2515502/0/en/Yoshiharu-Global-Co-Announces-Closing-of-Initial-Public-Offering.html

YOSH: Might be a NICE 'sleeper' here, Folks; stranger things have happened.

Yes, still holding

$YOSH quick pop to $3.60's earlier and the IPO offering hasn't even closed yet...probably get that PR a/h. With the latest inflation #'s their Japanese ramen noodle restaurants in California will be hotter than ever. Let the crooked hedge funds keep shorting this tiny floater in the $2's lure them in deeper.

$YOSH chomp chomp

Not so far