By what date were subsequent events evaluated for 7 Brew's financial statements?

According to 7 Brew's 2025 Franchise Disclosure Document, subsequent events related to the company's financial statements were evaluated through May 28, 2025. This date represents the cutoff for considering events that occurred after the balance sheet date but before the financial statements were issued.

This evaluation period is crucial for ensuring that the financial statements reflect the most current and accurate information available. Events occurring after the balance sheet date, such as entering into a new lease or opening new franchise stands, can provide important insights into the company's financial health and future prospects. For example, in January 2025, 7 Brew entered into a lease for a new headquarters with a monthly rent of $55,732, set to expire in October 2029. Additionally, by the date of the financial statements in fiscal year 2025, 85 franchised stands and 3 parent stands had opened, and franchise agreements were entered into for the future development of 291 stands.

For a prospective franchisee, this information is relevant because it provides a sense of how up-to-date and comprehensive the financial information is. Knowing that subsequent events were evaluated through May 28, 2025, gives potential franchisees more confidence in the reliability of the financial statements when making their investment decisions. It also highlights the company's recent activities and growth, such as the opening of new stands and the expansion of franchise agreements, which can be indicators of the brand's momentum and potential for future success.