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On June 23, 2026, BS1 Fund converted its 1,760,000 shares of Class B Common Stock into Class A Common Stock…

VSTDVestand Inc.

On June 23, 2026, BS1 Fund converted its 1,760,000 shares of Class B Common Stock into Class A Common Stock, triggering the automatic conversion of all remaining outstanding Class B shares. This event reduced BS1 Fund's beneficial ownership to less than 25% and eliminated its control over a majority of voting power. Consequently, all former Class B shareholders now hold Class A shares with one vote per share, down from ten votes previously. Vestand Inc. operates in the technology sector.

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