# EDGAR Filing Document

**Accession Number:** 0001898604
**File Stem:** 0001641172-25-022076
**Filing Date:** 2025-8
**Character Count:** 32592
**Document Hash:** 8bdc3848cfd3fe9e4ef7bccbb90bd24d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-022076.hdr.sgml**: 20250804

**ACCESSION NUMBER**: 0001641172-25-022076

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20250729

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250804

**DATE AS OF CHANGE**: 20250804

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yoshiharu Global Co.
- **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:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41494
- **FILM NUMBER:** 251181609

**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 Holdings Corp
- **DATE OF NAME CHANGE:** 20211210

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): July 29, 2025

**Yoshiharu Global Co.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-41494** | 87-3941448 |
| (State or other Jurisdiction<br> of Incorporation) | (Commission<br> File No.) | (IRS Employer<br> Identification No.) |

---

**104 Apple Blossom Cir**

**Brea, CA 92821**

(Address of principal executive offices and zip code)

**(714) 694-2403**

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Class A Common Stock, $0.0001 par value | YOSH | The Nasdaq Stock Market LLC<br> (Nasdaq Capital Market) |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01 Entry into a Material Definitive Agreement.**

On July 29, 2025, Yoshiharu Global Co. (the "Company") entered into a Convertible Note Subscription Agreement (the "Agreement") with Open Innovation Fund (the "Investor"), pursuant to which the Investor agreed to invest $4,400,000 in exchange for a convertible note from the Company (the "Note"). The Note will mature three (3) years after the issuance date but Investor shall be permitted to request repayment of the Note on demand at any point after twelve (12) months from the issuance date. The Note will accrue interest at a rate of seven (7) percent which would be payable semi-annually in arrears. The Agreement provides that the Note will be convertible into shares of Class A Common Stock, at the option of the Investor, commencing six (6) months after the issuance date at a conversion price of $1.10 per share. Notwithstanding the foregoing, the conversion price is subject to adjustment to the lower of the then effective conversion price or 90% of the average closing price of the Company's Class A Common Stock during the 10 trading days preceding the adjustment date. However, in no event shall the adjusted conversion price be less than $1.00.

The sums received by the Company will be deposited in a segregated account and shall only be used for the acquisition, development or renovation of real property located in the state of California. In the event that of the sale of any real property acquired with the proceeds from the sale of the Note of, the Company shall pay in cash an amount to the Investor equal to three (3%) percent of the net profit with respect to such sale. The obligations under the Note will be secured by a subordinated lien on the Company's interest in any real property acquired with the proceeds of the Note; provided, however, that in note event will the total principal indebtedness on any property exceed sixty (60%) of the acquisition price of such property.

The Investor may assign up to forty (40%) percent of the aggregate principal amount of the Note, in whole or in part at any time from August 8, 2026 to July 8, 2027 (the "Option Period"). In exchange for such right they will pay a premium equal to one (1%) percent of the Note upon its issuance and an additional one (1%) percent upon the earlier of the exercise of such right of the end of the Option Period.

Additionally, the aggregate number of shares of the Company's Class A Common Stock issuable upon conversion of the Note will not exceed 19.99% of the Company's total outstanding shares until the Company obtains the requisite shareholder approval in accordance with Nasdaq Listing Rule 5635(d).

The Company agreed to file a registration statement on Form S-1 as soon as reasonably practicable after the issuance of the convertible note and to use commercially reasonable efforts to cause the registration statement to become effective as soon as practicable.

A copy of the Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The disclosures set forth in this Item 1.01 are intended to be summaries only and are qualified in their entirety by reference to the Agreement.

**Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.**

The disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.

**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 filings with the SEC including our Form 10-K for the year ended December 31, 2024, and subsequent reports we file with the SEC from time to time, which can be found on the SEC's website at www.sec.gov. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

**Item 9.01 Financial Statements and Exhibits**.

(d) Exhibits.

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 10.1 | [Convertible Note Subscription Agreement dated July 29, 2025](ex10-1.htm) |
| 99.1 | [Press Release](ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 4, 2025

---

| | |
|:---|:---|
| **YOSHIHARU GLOBAL CO.** | **YOSHIHARU GLOBAL CO.** |
| By: | */s/ John Oh* |
| Name: | John Oh |
| Title: | Chief Financial Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**CONVERTIBLE NOTE SUBSCRIPTION AGREEMENT**

This Agreement is entered into on July 29, 2025, by and between Yoshiharu Global Co., a corporation incorporated under the laws of the State of Delaware and listed on NASDAQ under the symbol "YOSH" (the "Issuer"), and Open Innovation Fund (the "Investor").

**Article 1 [Financing Overview]**

&nbsp;&nbsp;&nbsp;&nbsp;1. Issuance
 Amount: USD $4,400,000 (Four Million Four Hundred Thousand Dollars)

&nbsp;&nbsp;&nbsp;&nbsp;2. Security
 Type: Secured, Subordinated Convertible Note (the "Note")

&nbsp;&nbsp;&nbsp;&nbsp;3. Interest
 Rate and Payment: 7.0% per annum, payable semi-annually in arrears

&nbsp;&nbsp;&nbsp;&nbsp;4. Maturity:
 3 years from the issuance date

&nbsp;&nbsp;&nbsp;&nbsp;5. Conversion
 Terms:

○ Conversion Price: USD $4.41 per share

○ Conversion Period: The Note is convertible, at the option of the Investor, beginning six (6) months after the issuance date and at any time thereafter until the Note is no longer outstanding, subject to the ownership limit set forth in Article 2 and Article 4

○ Underlying Shares: Class A Common Stock

○ Refixing Adjustment Clause:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ The
 conversion price shall be adjusted on the last day of each calendar month beginning six (6)
 months after the issuance date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ The
 adjusted price shall be the lower of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The
 then-effective conversion price; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. 90%
 of the arithmetic average of the closing prices of the Issuer's shares over the 10
 trading days immediately preceding the adjustment date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Notwithstanding
 the foregoing, in no event shall the adjusted conversion price be reduced below $4.00.

○ Stock Split Adjustment:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ In
 the event of a stock split, subdivision, or combination of the Class A Common Stock, the
 Conversion Price and the number of shares issuable upon conversion shall be appropriately
 and proportionately adjusted so that the rights of the Investor are not adversely affected.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ The
 Issuer has implemented a 1-for-4 stock split. Accordingly, the original conversion price
 of $4.41 has been adjusted to $1.10 per share to reflect the split.

&nbsp;&nbsp;&nbsp;&nbsp;6. Additional
 Profit Sharing: If any real property acquired, directly or indirectly, with the proceeds
 from this Note is sold or otherwise disposed of during the term of the Note, the Issuer shall
 pay to the Investor an amount equal to three percent (3%) of the net profit realized by the
 Issuer from such transaction, such payment to be made in cash. For purposes hereof, "net
 profit" means the gross cash proceeds received by the Issuer from such sale or disposition,
 less (i) the acquisition cost, (ii) transactional expenses, and (iii) the amount of any indebtedness
 secured by such property repaid in connection with such sale.

&nbsp;&nbsp;&nbsp;&nbsp;7. Collateral
 Terms:

○ The obligations of the Issuer under this Note, including repayment of principal and interest, shall be secured by a second-priority security interest (lien) in and to the Issuer's interest in any real property acquired by the Issuer, directly or indirectly, with the proceeds from this Note (the "Collateral Property"). The security interest shall be established pursuant to, and limited to the terms of, a separate security agreement and any necessary public recordings or filings required under applicable law.

○ The Issuer shall be permitted, at its discretion, to obtain financing from one or more third-party lenders for the acquisition, development, or renovation of the Collateral Property, and to grant such lender(s) a first-priority security interest (first lien) on the Collateral Property. The Investor acknowledges and agrees that its security interest under this Note shall be subordinate in all respects—including right of payment, priority, and remedies—to the rights of such first-priority lender(s), and shall enter into any intercreditor or subordination agreement reasonably required by such lender(s) and by applicable law.

○ Notwithstanding the foregoing, at no time shall the total principal amount of indebtedness secured by the Collateral Property exceed sixty percent (60%) of the acquisition price of such property.

○ The Issuer shall have no obligation to grant a security interest or lien in any other assets of the Issuer or its affiliates, and the Investor acknowledges that its recourse is limited to the Collateral Property to the extent of its security interest, subject to any superior interests of first-lien lenders.

&nbsp;&nbsp;&nbsp;&nbsp;8. Use
 of Proceeds Restriction:

○ 100% of proceeds must be used for acquisition, development, or renovation of real estate located in California.

○ Use of funds for debt repayment or other investments is strictly prohibited.

○ Breach of this clause entitles the Investor to demand immediate redemption of the outstanding principal and any accrued but unpaid interest, subject to the notice and cure period set forth in Article 5.

&nbsp;&nbsp;&nbsp;&nbsp;9. Funds
 Control:

○ The investment funds shall be deposited into a designated and segregated control account.

○ Withdrawals from such account shall be permitted only for the purpose of funding approved real estate acquisitions or related development or renovation costs, consistent with the use of proceeds restriction above.

&nbsp;&nbsp;&nbsp;&nbsp;10. Early
 Redemption Right (Put Option):

○ After twelve (12) months from the issuance date, the Investor may request, by written notice to the Issuer, repayment of the outstanding principal amount plus any accrued and unpaid interest.

○ In cases of default, misuse of funds, or other Material Adverse Events, immediate repayment can be demanded. For the purposes of this Section, "Material Adverse Event(s)" means any event, change, condition, circumstance, occurrence, or effect that, individually or in the aggregate, has had, or would reasonably be expected to have, a material adverse effect on (i) the business, operations, assets, properties, liabilities (actual or contingent), prospects, or financial condition of the Issuer and its subsidiaries, taken as a whole; or (ii) the Issuer's ability to perform its obligations under this Agreement. For the avoidance of doubt, none of the following shall constitute a Material Adverse Event, either alone or in combination, unless such event has a disproportionate and material adverse effect on the Issuer compared to similarly situated companies in the same industry: (i) general economic or political conditions, or conditions affecting the securities markets; (ii) changes in laws, accounting rules, or tax regulations; (iii) acts of terrorism, war, or natural disasters; (iv) changes resulting from the announcement, execution, or performance of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;11. Call
 Option Restriction:

○ The Issuer shall not have any right to call or redeem this Note.

○ ABC Investment Partnership (the "Purchaser") may, from August 8, 2026, to July 8, 2027, request the sale or transfer of up to 40% of the principal amount of the Note in aggregate on a monthly basis (the "Purchaser Sale Right").

○ Call Premium: 2% (1% paid at issuance; additional 1% upon exercise of the Purchaser Sale Right under the preceding paragraph)

○ Even if the Purchaser does not exercise such Purchaser Sale Right, the remaining 1% premium shall be paid immediately after the end of the sale option period and shall not be refundable.

**Article 2 [Ownership Limitation]**

Notwithstanding anything to the contrary in this Agreement or the Note, the Investor shall not be entitled to convert any portion of the Note, and the Issuer shall not effect any such conversion, to the extent that, after giving effect to such conversion, the Investor (together with its affiliates and any other persons or entities whose beneficial ownership of Common Stock would be aggregated with the Investor under Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations thereunder) would beneficially own in excess of 9.99% of the then-outstanding shares of Class A Common Stock of the Issuer. Any conversion request that would result in beneficial ownership in excess of the specified percentage shall be reduced, and only such number of shares as may be issued without exceeding the 9.99% beneficial ownership limitation shall be issued in connection with such conversion. The Issuer shall be entitled to rely upon the Investor's determination of beneficial ownership, provided that such reliance is in good faith.

**Article 3 [Registration of Conversion Shares]**

The Issuer shall, as soon as reasonably practicable after the issuance of this Note, file a registration statement with the U.S. Securities and Exchange Commission (SEC) covering the resale of the shares of Class A Common Stock issuable upon conversion of this Note by the Investor. It shall file a registration statement on Form S-1 or any other applicable form available to the Issuer. The Issuer shall use its commercially reasonable efforts to cause such registration statement to become effective as soon as practicable, and to maintain the effectiveness of such registration statement for so long as the Note remains outstanding or any conversion shares are held by the Investor.

Upon effectiveness, the shares issued upon conversion shall be freely tradable by the Investor, subject to applicable laws and regulations.

**Article 4 [Nasdaq 20% Rule; Shareholder Approval]**

Notwithstanding anything to the contrary herein, the aggregate number of shares of the Issuer's Class A Common Stock issuable upon conversion of this Note (the "Conversion Shares") shall not exceed 19.99% of the Issuer's total outstanding shares (calculated as of the issuance date of this Note), unless and until the Issuer obtains the requisite shareholder approval in accordance with Nasdaq Listing Rule 5635(d).

The Issuer shall use its commercially reasonable efforts to obtain such shareholder approval at a duly convened meeting of shareholders, to be held no later than six (6) months following the date of issuance of this Note, and in any event prior to the expiration of the lock-up period applicable to the Conversion Shares.

The Issuer shall further use its commercially reasonable efforts to file and cause the effectiveness of a registration statement (on Form S-1) covering the resale of all Conversion Shares, prior to such shareholder meeting or, at the latest, prior to the lifting of any lock-up restrictions.

**Article 5 [Representations and Warranties]**

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Issuer represents and warrants that it has full legal authority to enter into and perform
 this Agreement and that execution and performance do not violate any governing documents
 or applicable laws.

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 Investor represents that it has obtained all internal approvals necessary for entering into
 this Agreement.

**Article 6 [Covenants]**

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Issuer shall reserve sufficient authorized shares for conversion and shall promptly take
 corporate actions required for additional shares if needed.

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 Issuer shall faithfully comply with all terms related to use of proceeds, conversion, and
 collateral. In the event of any Material Breach by the Issuer of such terms, the Investor
 shall deliver written notice to the Issuer specifying the nature of the breach. The Issuer
 shall have fifteen (15) calendar days from receipt of such notice to cure the breach to the
 reasonable satisfaction of the Investor. Only if the breach remains uncured after the expiration
 of such fifteen (15) day period shall the Investor have the right to require early redemption
 of the Note pursuant to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;3. For
 purposes of this Agreement, a "Material Breach" means any breach, default, or
 failure by the Issuer to perform or comply with any term, covenant, or obligation under this
 Agreement, which (i) substantially defeats the purpose of this Agreement, (ii) relates to
 an essential provision of this Agreement, or (iii) deprives the Investor of a material benefit
 that the Investor reasonably expected to receive under the Agreement. For the avoidance of
 doubt, a Material Breach does not include minor, technical, or inconsequential failures that
 do not significantly impair the rights or interests of the Investor. Whether a breach is
 material will be determined in good faith considering the nature and effect of the breach
 in the overall context of the Agreement.

**Article 7 [Events of Default]**

If any of the following occurs, the Investor may, by written notice to the Issuer, declare the entire unpaid principal and accrued interest due and payable immediately:

&nbsp;&nbsp;&nbsp;&nbsp;1. Failure
 to pay any principal or interest when due and such failure continues for more than 10 days
 after written notice thereof;

&nbsp;&nbsp;&nbsp;&nbsp;2. Insolvency,
 bankruptcy, or liquidation filing by or against the Issuer that is not withdrawn or dismissed
 within sixty (60) days;

&nbsp;&nbsp;&nbsp;&nbsp;3. Any
 Material Breach of this Agreement that remains uncured after expiration of the applicable
 cure period in Article 6.

**Article 8 [Governing Law and Jurisdiction]**

&nbsp;&nbsp;&nbsp;&nbsp;1. This
 Agreement shall be governed by and construed in accordance with the laws of the State of
 Delaware, United States.

&nbsp;&nbsp;&nbsp;&nbsp;2. Any
 disputes arising out of or in connection with this Agreement shall be subject to the exclusive
 jurisdiction of the Delaware Court of Chancery, and if the Delaware Court of Chancery lacks
 subject matter jurisdiction, any other state or federal court located within the State of
 Delaware. Each party hereby waives any objection based on forum non conveniens and any objection
 to the laying of venue of any such action or proceeding in such courts.

**Article 9 [Entire Agreement and Amendments]**

&nbsp;&nbsp;&nbsp;&nbsp;1. This
 Agreement constitutes the entire understanding between the parties with respect to the subject
 matter hereof and supersedes all prior negotiations, discussions, and agreements, whether
 oral or written.

&nbsp;&nbsp;&nbsp;&nbsp;2. No
 modification or amendment of this Agreement shall be valid unless made in writing and signed
 by both parties.

**Article 10 [General Provisions]**

&nbsp;&nbsp;&nbsp;&nbsp;1. **Notices**.
 All notices and other communications required or permitted under this Agreement shall be
 in writing and shall be deemed duly given (a) when delivered personally, (b) when sent by
 email with confirmation of transmission, or (c) one (1) business day after being deposited
 with a reputable overnight courier, addressed to the parties at their respective addresses
 set forth herein (or such other address as designated by written notice).

&nbsp;&nbsp;&nbsp;&nbsp;2. **No Waiver; Cumulative Remedies**. No failure or delay by any party in exercising any right,
 power, or remedy under this Agreement shall operate as a waiver thereof; nor shall any single
 or partial exercise of any right, power, or remedy preclude any other or further exercise
 thereof or the exercise of any other right, power, or remedy. The rights and remedies provided
 herein are cumulative and not exclusive of any rights or remedies otherwise available.

&nbsp;&nbsp;&nbsp;&nbsp;3. **Severability**.
 If any provision of this Agreement is determined by a court or arbitrator of competent jurisdiction
 to be invalid or unenforceable, such provision shall be ineffective only to the extent of
 such invalidity or unenforceability, and the remaining provisions shall continue in full
 force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;4. **Assignment**.
 Neither party may assign or transfer this Agreement or any rights or obligations hereunder
 without the prior written consent of the other party, except that the Investor may assign
 the Note to an affiliate or as otherwise permitted under applicable securities laws, with
 written notice to the Issuer.

&nbsp;&nbsp;&nbsp;&nbsp;5. **Successors and Assigns**. This Agreement shall be binding upon and inure to the benefit of the parties
 and their respective permitted successors and assigns.

&nbsp;&nbsp;&nbsp;&nbsp;6. **Counterparts; Electronic Signatures**. This Agreement may be executed in counterparts, each of which
 shall be deemed an original, but all of which together shall constitute one and the same
 instrument. Delivery of an executed counterpart by electronic means (including PDF) shall
 be effective as delivery of a manually executed counterpart.

&nbsp;&nbsp;&nbsp;&nbsp;7. **Further Assurances**. Each party agrees to execute and deliver such additional documents and take
 such further actions as may be reasonably necessary to carry out the purposes of this Agreement
 and the transactions contemplated herein.

&nbsp;&nbsp;&nbsp;&nbsp;8. **Translation**.
 This Agreement may be executed in multiple language versions. In the event of any inconsistency
 or conflict between the English version of this Agreement and any translation thereof, the
 English version shall control and prevail in all respects.

[*Signature Page Follows*]

IN WITNESS WHEREOF, the parties have executed this Convertible Note Subscription Agreement as of the date first written above.

**Issuer:**

**Yoshiharu Global Co.**

By: <br> Jiwon Kim, CEO <br> Date: July 29<sup>th</sup>, 2025

**Investor:**

Name/Entity: Open Innovation Fund

By:   <br> Date: July 29<sup>th</sup> ,2025

## Exhibit 99.1

**Exhibit 99.1**

**Yoshiharu Global Secures $4.4 Million Investment to Accelerate Expansion into Real Estate**

*Funding to Support Company's Entry into the Real Estate Investment and Development Sector*

**BUENA PARK, CA – August 4, 2025 –** Yoshiharu Global Co. (NASDAQ: YOSH) (the "Company"), today announced that it has secured a $4.4 million investment from the Open Innovation Fund, an overseas investment fund. The funding will primarily be used to support Yoshiharu's expansion into real estate investment and development, as the company seeks to establish a new growth engine beyond its core restaurant operations.

Alongside ongoing efforts to restructure its existing food and beverage business for improved profitability, Yoshiharu is pursuing a long-term strategy to transition toward an asset-backed revenue model. This investment marks a key milestone in that transformation, strengthening the company's financial foundation and diversifying its portfolio.

The convertible note (the "Note") will carry a 7.0% annual interest rate, a 3-year maturity, and will be secured by a subordinated lien on the Company's interest in any real property acquired with the proceeds of the Note.

Ji-Won Kim, CEO of Yoshiharu, commented, "This investment is more than just capital — it represents a meaningful step in Yoshiharu's evolution as a company," said Ji-Won Kim, CEO of Yoshiharu Global. "We look forward to creating long-term value through strategic expansion and a renewed focus on sustainable growth."

**About Yoshiharu Global Co.**

Yoshiharu is a fast-growing restaurant operator expanding into the real estate investment and development sector. 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 and Las Vegas, currently owning and operating 15 restaurants.

For more information, please visit <u>www.yoshiharuramen.com</u>.

![](ex99-1_001.jpg)

**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 filings with the SEC including our Form 10-K for the year ended December 31, 2024, and subsequent reports we file with the SEC from time to time, which can be found on the SEC's website at <u>www.sec.gov</u>. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

**Investor Relations Contact:**

Larry W Holub

Director

MZ North America

<u>YOSH@mzgroup.us</u>

312-261-6412