factual

Up to what date did Brain Balance evaluate events for its financial statements and related disclosures?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

The financial statements and related disclosures include evaluation of events up through and including April 29, 2025, which is the date the financial statements were available to be issued.

Source: Item 23 — RECEIPTS (FDD pages 72–292)

What This Means (2025 FDD)

According to Brain Balance's 2025 Franchise Disclosure Document, the company evaluated events for its financial statements and related disclosures up to and including April 29, 2025. This date represents when the financial statements were available to be issued.

This means that any events that occurred after April 29, 2025, would not be reflected in the financial statements provided in the FDD. Prospective franchisees should be aware that the financial information presented is based on data available up to this specific date and may not reflect more recent events or changes in the company's financial situation.

It is common practice for companies to establish a cutoff date for evaluating events subsequent to the balance sheet date. This allows them to finalize their financial statements in a timely manner. Franchisees should inquire about any significant events that may have occurred since this date that could impact the performance or financial stability of Brain Balance.

Disclaimer: This information is extracted from the 2025 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.