factual

Where can I find information regarding security ownership of certain beneficial owners and management related to Benihana?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

Page
PART
III
Item 41
10. Directors, Executive Officers and Corporate Governance
Item 41
11. Executive Compensation
Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters 41
Item 41
13. Certain Relationships and Related Transactions, and Director Independence
Item 41
14. Principal Accounting Fees and Services
Page
PART
III
Item 42
10. Directors, Executive Officers and Corporate Governance
Item 42
11. Executive Compensation
Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters 42
Item 42
13. Certain Relationships and Related Transactions, and Director Independence
Item 42
14. Principal Accounting Fees and Services

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2024 FDD)

According to Benihana's 2024 Franchise Disclosure Document, information regarding the security ownership of certain beneficial owners and management can be found in Item 12. Specifically, the table of contents in Item 22 references Item 12, titled "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters," and indicates that this information is located on page 41 or 42, depending on which exhibit is referenced.

For a prospective Benihana franchisee, this means that details about who owns the company's stock and the relationships between management and stockholders are available in Item 12. This section provides transparency into the ownership structure of Benihana, which can be crucial for understanding potential influences on the company's decisions and long-term stability.

It is important for potential franchisees to review this information carefully to assess the alignment of interests between the management, owners, and franchisees. Understanding the ownership and management structure can help in evaluating the overall risk and potential rewards of investing in a Benihana franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.