What was the number of non-voting common stock shares for Aunt Millies Bakeries on October 1, 2021?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
Both the voting and non-voting common stock have no par value. At September 30, 2023 and 2022, the voting common stock had 31,406 shares authorized, while the non-voting common stock had 3,423,254 shares authorized.
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Aunt Millies Bakeries does not explicitly state the number of authorized non-voting common stock shares as of October 1, 2021. However, it does provide information regarding the authorized shares as of September 30, 2023, and 2022.
According to the FDD, both the voting and non-voting common stock have no par value. As of September 30, 2023, and 2022, the non-voting common stock had 3,423,254 shares authorized.
Without specific figures for October 1, 2021, it's difficult to determine the exact number of authorized non-voting common stock shares at that time. A prospective franchisee should inquire directly with Aunt Millies Bakeries for precise figures regarding the authorized shares for that specific date to understand any changes in capitalization over time.