What is the par value of common stock for Antioch Pizza Shop?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Liabilities and Stockholders' Equity | ||||||
| Stockholders' equity | ||||||
| Common stock, $0.001 par value, 1,000 | ||||||
| shares authorized, issued, and outstanding | 10 | 10 | 10 | |||
| Additional paid-in capital | 6,810 | 6,810 | 6,810 |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to the 2025 FDD, the par value of common stock for Antioch Pizza Shop is $0.001 per share. The company has 1,000 shares authorized, issued, and outstanding. As of December 31, 2024, 2023, and 2022, the value of the common stock was $10 for each of those years.
The par value is a nominal value assigned to the stock upon issuance and is typically a very small amount. The additional paid-in capital represents the amount by which the original sales price of the stock exceeds its par value. For Antioch Pizza Shop, the additional paid-in capital remained at $6,810 for 2022, 2023 and 2024.
This information is found within the liabilities and stockholders' equity section of the balance sheets provided in the FDD. Reviewing the equity section of a company's balance sheet can give a potential franchisee insight into the company's capitalization and ownership structure.