Yoshiharu Global Co. announced on October 2, 2024, the closing of a non-brokered $1.0 million private placement investment from an accredited investor. The proceeds from this investment are specifically designated for the company's expansion into the Korean BBQ (KBBQ) segment.
This investment will enable Yoshiharu to establish a footprint in the growing KBBQ market, leveraging its existing industry expertise and supply chain. The company plans to capitalize on synergies between its current Japanese ramen offerings and the KBBQ concept.
The strategic use of these funds is expected to enhance purchasing power, attract a wider audience, and facilitate cross-promotion opportunities. This move aims to further solidify and expand the Yoshiharu brand within the restaurant industry.
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