# EDGAR Filing Document

**Accession Number:** 0001935210
**File Stem:** 0000921895-25-002673
**Filing Date:** 2025-10
**Character Count:** 8841
**Document Hash:** dbca79c045d20927e137a0faa5f86d83
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000921895-25-002673.hdr.sgml**: 20251002

**ACCESSION NUMBER**: 0000921895-25-002673

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251002

**DATE AS OF CHANGE**: 20251002

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Vestand Inc.
- **CENTRAL INDEX KEY:** 0001898604
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING PLACES [5812]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93765
- **FILM NUMBER:** 251367849

**BUSINESS ADDRESS:**
- **STREET 1:** 6940 BEACH BLVD
- **STREET 2:** SUITE D-705
- **CITY:** BUENA PARK
- **STATE:** CA
- **ZIP:** 90621
- **BUSINESS PHONE:** 213-272-1780

**MAIL ADDRESS:**
- **STREET 1:** 6940 BEACH BLVD
- **STREET 2:** SUITE D-705
- **CITY:** BUENA PARK
- **STATE:** CA
- **ZIP:** 90621

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Yoshiharu Global Co.
- **DATE OF NAME CHANGE:** 20211214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Yoshiharu Holdings Corp
- **DATE OF NAME CHANGE:** 20211210
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Chae James
- **CENTRAL INDEX KEY:** 0001935210

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 6940 BEACH BLVD SUITE D-705
- **CITY:** BUENA PARK
- **STATE:** CA
- **ZIP:** 90621

### Attached PDF Documents

**Attachment 1:** `ex991to13da214629001_100225.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Vestand Inc.**

*(Name of Issuer)*

**Class A common stock, $0.0001 par value**

*(Title of Class of Securities)*

**98740Y104**

*(CUSIP Number)*

**James Chae**<br>6940 Beach Blvd., Suite D-705<br>Buena Park CA 90621<br>714-694-2400

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**10/02/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **98740Y104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Chae James** | Name of reporting person<br>**Chae James** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2973400.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2973400.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2973400.00** | Aggregate amount beneficially owned by each reporting person<br>**2973400.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**20.5%** | Percent of class represented by amount in Row (11)<br>**20.5%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A common stock, $0.0001 par value

**(b) Name of Issuer:**
Vestand Inc.

**Item 4. Purpose of Transaction**

The information set forth in Item 3 of this Schedule 13D is incorporated herein by reference.

Except as otherwise described in Item 3, this Item 4 or in Item 6 of this Statement, the Reporting Person does not have any current plans or proposals which relate to or would result in: (a) the acquisition by his of additional securities of the Issuer, or the disposition of the securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) changes in the Issuer's charter or bylaws or other actions which may impede the acquisition of control of the Issuer by any person;(h)causing a class of securities of the Issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act, or (j) any action similar to those enumerated above.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The aggregate number and percentage of shares of Class A common stock beneficially owned by the Reporting Person are based on 14,524,980 outstanding shares, consisting of 14,124,980 shares of Class A common stock outstanding as disclosed in the Issuer's quarterly report on Form 10-Q filed with the Commission on August 20, 2025 and 400,000 shares of Class B common stock held by the Reporting Person convertible into an equal number of shares of Class A common stock.

As of the date hereof, the Reporting Person beneficially owned 2,973,400 shares of Class A common stock, consisting of 2,573,400 shares of Class A common stock and 400,000 shares of Class A common stock issuable upon conversion of 400,000 shares of Class B common stock held by the Reporting Person.

Percentage: Approximately 20.5%

**(b)**
1. Sole power to vote or direct vote: 2,973,400

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 2,973,400

4. Shared power to dispose or direct the disposition: 0

**(c)**
The Reporting Person sold 5,000 shares of Class A common stock through ordinary brokers' transactions on Nasdaq on September 25, 2025, at an average price of $1.93 per share. Other than the foregoing, the Reporting Person engaged in no transactions in the Shares during the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

On March 24, 2025, the Reporting Person acquired the Warrant from Issuer for the issuance of 280,000 shares of its Class A common stock in exchange for the cancellation of indebtedness of $700,000 owed by the Issuer to the Reporting Person. Shares issuable under the warrant are subject to adjustment as a result of share splits (as a result of the share split effected by the Issuer on July 30, 2025, there are now 1,120,000 shares of Class A common stock underlying the Warrant), and are subject to a cap, prohibiting the exercise of the Warrant to the extent that the holder, together with its Affiliates (as defined in the Warrant) would beneficially own more than 4.99% of the Class A common stock outstanding after such exercise (the "Beneficial Ownership Limitation"). The Reporting Person, upon notice to the Issuer, may increase the Beneficial Ownership Limitation, effective the 61st day after the provision of such notice. The foregoing description of the Warrant does not purport to be complete and is qualified in its entirety by the Warrant, which is attached hereto as Exhibit 99.1 and incorporated by reference herein.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Chae James

**Signature:** /s/ James Chae

**Name/Title:** James Chae

**Date:** 10/02/2025