Yoshiharu (YOSH) has secured a $4.4M 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. Yoshiharu is pursuing a long-term strategy to transition toward an asset-backed revenue model. The convertible 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.
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