Did Aw identify any subsequent events that required adjustment or disclosure in the financial statements?

According to Aw's 2025 Franchise Disclosure Document, the company evaluated events after the balance sheet date but before the financial statements were issued. For the 2023 financial statements, Aw did not identify any recognized or nonrecognized subsequent events that would have required further adjustment or disclosure. This evaluation was conducted through April 10, 2025, when the financial statements were available.

Similarly, for a prior period, Aw also evaluated events after the balance sheet date but before the issuance of the financial statements. Based on this evaluation, Aw did not identify any recognized or nonrecognized subsequent events that would have necessitated further adjustment or disclosure in the financial statements for that period either. The subsequent events were evaluated through June 6, 2024, which was when the financial statements were available to be issued at that time.

This indicates that, as of the dates of evaluation for both periods, Aw was not aware of any events that would materially impact the accuracy or presentation of its financial statements. A prospective franchisee can take some comfort in knowing that Aw's financials have been reviewed for such events, though it is always wise to consult with a financial advisor to fully understand the implications.