S-1/A: Yoshiharu Global Co. Files Amendment No. 2 to Form S-1 Registration Statement

Sentiment:

S-1/A Amendment


Yoshiharu Global Co. files an amendment to its S-1 registration statement solely to re-file an exhibit with a corrected graphic.

Capital raiseThe document relates to an S-1 filing, which is a registration statement for an initial public offering (IPO), indicating a potential capital raise through the sale of stock to the public.The company aims to commence the proposed sale to the public as soon as practicable after the effective date of this registration statement.

Summary

  • Yoshiharu Global Co. filed Amendment No. 2 to its Form S-1 Registration Statement on September 17, 2024.
  • The purpose of the amendment is solely to re-file Exhibit 23.1, which previously contained an extra graphic.
  • The amendment includes the cover page, explanatory note, Item 16(a) of Part II, the signature page, and the filed exhibits.
  • The remainder of the Registration Statement remains unchanged.
  • The company aims to commence the proposed sale to the public as soon as practicable after the effective date of the registration statement.

Sentiment

Score: 7

Explanation: The document is a routine amendment to an S-1 filing, suggesting progress towards the IPO. The sentiment is neutral to slightly positive as it indicates the company is moving forward with its plans.

Positives

  • The company is taking steps to correct errors in its registration statement, demonstrating attention to detail.

Future Outlook

The company intends to commence the proposed sale to the public as soon as practicable after the effective date of the registration statement.

Industry Context

This filing is a standard step in the process of a company going public, ensuring all information is accurate and up-to-date for potential investors.

Stakeholder Impact

  • Potential investors will receive updated and corrected information about the company.
  • The company's stakeholders, including employees and shareholders, are affected by the progress towards the IPO.

Next Steps

  • The SEC will review the amended registration statement.
  • The company will proceed with its IPO plans upon the registration statement becoming effective.

Key Dates

DateDescription
December 9, 2021Bylaws dated December 9, 2021 (incorporated by reference to Exhibit 3.2 to Amendment No. 1 to our Registration Statement on Form S-1 filed on February 9, 2022).
January 25, 2022Filing date of original Registration Statement on Form S-1.
February 9, 2022Filing date of Amendment No. 1 to Registration Statement on Form S-1.
May 31, 2022Form of IPO Lock-Up Agreement (incorporated by reference to Exhibit 10.1 to Amendment No. 3 to our Registration Statement on Form S-1 filed on May 31, 2022).
May 23, 2022Employee Offer Letter between Yoshiharu Global Co. and Soojae Ryan Cho, dated May 23, 2022 (incorporated by reference to Exhibit 10.17 to Amendment No. 3 to our Registration Statement on Form S-1 filed on May 27, 2022).
July 18, 2022Lease by and between Ocean Ranch II, LLC and Yoshiharu Global Co., dated July 18, 2022 (incorporated by reference to Exhibit 10.18 to Amendment No. 5 to our Registration Statement on Form S-1 filed on August 29, 2022).
November 14, 2022Form of Representatives Warrant (incorporated by reference to Exhibit 4.2 to our Quarterly Report on Form 10-Q filed on November 14, 2022).
November 21, 2022Employment Contract between James Chae and Yoshiharu Global Co., dated November 21, 2022 (incorporated by reference to Exhibit 10.21 to our Annual Report on Form 10-K filed on March 30, 2023).
November 22, 2023Certificate of Amendment to Amended and Restated Certificate of Incorporation filed November 22, 2023 (incorporated by reference to Exhibit 3.1 of our Current Report on Form 8-K filed on November 24, 2023).
November 21, 2023Asset Purchase Agreement by and among Jianga LLC, HJH LLC, Ramen Aku LLC, Jihyuck Hwang, and Yoshiharu Global Co. dated November 21, 2023 (incorporated by reference to Exhibit 99.1 to the Current Report on Form 8-K filed on November 27, 2023).
November 21, 2023Seller Carry Loan Note issued by Yoshiharu LV and Yoshiharu Global Co. for the benefit of Jihyuck Hwang dated November 21, 2023 (incorporated by reference to Exhibit 99.2 to the Current Report on Form 8-K filed on November 27, 2023).
November 21, 2023Convertible Note Agreement by and among Yoshiharu LV and Yoshiharu Global Co. for the benefit of Jihyuck Hwang dated November 21, 2023 (incorporated by reference to Exhibit 99.3 to the Current Report on Form 8-K filed on November 27, 2023).
January 4, 2024Securities Purchase Agreement by and between Yoshiharu Global Co. and Alumni Capital LP dated January 4, 2024 (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed on January 10, 2024).
April 18, 2024Amendment to Securities Purchase Agreement by and between Yoshiharu Global Co. and Alumni Capital LP dated April 18, 2024
June 12, 2024Amended and Restated Asset Purchase by and among Jianga LLC, HJH LLC, Ramen Aku LLC, Jihyuck Hwang, and Yoshiharu Global Co. dated June 12, 2024 (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed on June 17, 2024).
July 30, 2024Date of BCRG Group's audit report relating to the financial statements of Yoshiharu Global Co. for the years ended December 31, 2023 and 2022.
September 17, 2024Filing date of Amendment No. 2 to Form S-1 Registration Statement.

Keywords

Registration Statement, Form S-1, Amendment, Yoshiharu Global Co., Initial Public Offering, Securities and Exchange Commission, Exhibits

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