factual

Where can I find information about security ownership of certain beneficial owners and management and related stockholder matters for Benihana?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Information required by this item is incorporated by reference from the Company's Proxy Statement for the 2024 Annual Meeting of Stockholders.

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, management, and related stockholder matters can be found within the company's Proxy Statement for the 2024 Annual Meeting of Stockholders. This means that instead of providing this information directly in the FDD, Benihana incorporates it by reference to another document that is publicly available.

For a prospective Benihana franchisee, this means you would need to obtain and review Benihana's Proxy Statement for the 2024 Annual Meeting of Stockholders to understand the ownership structure, including who the major shareholders are and any potential conflicts of interest. This document will provide insights into the individuals and entities that have significant control or influence over Benihana.

Reviewing this information is essential for assessing the stability and governance of Benihana. Understanding who the key stakeholders are can help a franchisee evaluate the long-term vision and potential risks associated with investing in a Benihana franchise. It is a common practice for franchise companies to incorporate such information by reference to maintain efficiency and avoid duplication, especially when the information is already available in other public filings.

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.