Vestand Inc. Sells 200 Shares of Vestand Korea; Repurchase Option

What Happened
Vestand Inc. (VSTD) announced in an 8‑K filed August 13, 2026 that on July 30, 2026 it entered into a Stock Transfer Agreement selling its 200 shares of common stock in Vestand Korea Co., Ltd. to Mr. Sang‑Woo Noh. The sale price was KRW 5,000 per share for a total of KRW 1,000,000. The Company retained a contractual right to repurchase all 200 shares from Mr. Noh for KRW 1,100,000 through July 28, 2027.

Key Details

• Sale date: July 30, 2026; 8‑K filed: August 13, 2026.
• Shares sold: 200 common shares of Vestand Korea.
• Sale price: KRW 5,000 per share; total KRW 1,000,000.
• Repurchase option: Company may buy back all 200 shares for KRW 1,100,000 until July 28, 2027.
• The Stock Transfer Agreement is filed as Exhibit 10.1 to the 8‑K.

Why It Matters
This filing discloses a definitive transfer of the company’s equity interest in its Korean affiliate along with a one‑year buyback option. For investors, the transaction clarifies Vestand’s current ownership in Vestand Korea and the contractual right to reacquire the shares through July 28, 2027. The monetary amounts involved are specified in Korean won (KRW) and are relatively small, so investors should consider this as a corporate housekeeping/structural transaction unless further material disclosures follow.