Yoshiharu Global Co. Announces Closing of Initial Public Offering
September 13 2022 - 4:35PM
Yoshiharu Global Co. (Nasdaq: YOSH) (“Yoshiharu”, or the
“Company”), a California-based restaurant operator, today announced
the closing of its initial public offering of 2,940,000 shares of
its Class A common stock at a public offering price of $4.00 per
share. The shares began trading on the Nasdaq Capital Market under
the ticker symbol “YOSH” on September 9, 2022.
EF Hutton, division of Benchmark Investments,
LLC, acted as sole book-running manager for the offering.
A registration statement on Form S-1 relating to
the offering has been filed with, and declared effective by, the
U.S. Securities and Exchange Commission (the “SEC”) on September 8,
2022, and a registration statement on Form S-1MEF was filed with
the SEC on the same date and became effective upon filing. A final
prospectus relating to the offering was filed with the SEC on
September 12, 2022 and is available on the SEC's website at
www.sec.gov. Electronic copies of the final prospectus relating to
this offering, when available, may be obtained from EF Hutton,
division of Benchmark Investments, LLC, 590 Madison Avenue, 39th
Floor, New York, NY 10022, Attention: Syndicate Department, or via
email at syndicate@efhuttongroup.com or telephone at (212)
404-7002.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy any of the
securities described herein, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Yoshiharu Global
Co.Yoshiharu is a fast-growing restaurant operator and was
borne out 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 their 2016
debut and has continued to expand their top-notch restaurant
service across Southern California, currently owning and operating
8 restaurants with an additional 1 in development.
For more information, please
visit www.yoshiharuramen.com.
Forward Looking StatementsThis
press release contains statements that constitute “forward-looking
statements”, including with respect to the proposed initial public
offering and the anticipated use of the net proceeds. No assurance
can be given that the offering discussed above will be completed on
the terms described, or at all, or that the net proceeds of the
offering will be used as indicated. Forward- looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement and
preliminary prospectus for the Company's offering filed with the
SEC. Copies of these documents are available on the SEC's website,
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
For further information, please
contact:
Yoshiharu Global Co.ir@yoshiharuramen.com
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