According to Benihana's 2024 Franchise Disclosure Document, the company's common stock, with a par value of $0.0001 per share, is registered on The NASDAQ Stock Market LLC. This information is crucial for potential investors and franchisees who are interested in the financial standing and public trading of Benihana. The fact that Benihana's stock is traded on NASDAQ indicates that the company has met certain listing requirements and is subject to ongoing regulatory oversight.

This registration provides a level of transparency and scrutiny that may be reassuring to prospective franchisees. They can access public financial filings and track the company's stock performance, which can offer insights into the overall health and stability of the Benihana brand. It also means Benihana is subject to the rules and regulations of the Securities and Exchange Commission (SEC), further ensuring compliance and accountability.

For a potential franchisee, understanding where Benihana's stock is traded allows them to conduct their own due diligence and assess the investment opportunity. While stock performance is not the only factor to consider, it can be a valuable piece of information when evaluating the risks and rewards of investing in a Benihana franchise. This information is typically found in Item 22 of the FDD, which covers contracts and securities-related details.