As of the provided effective dates, in which states is the Cool Binz Franchise Disclosure Document pending?

According to Cool Binz's 2025 Franchise Disclosure Document, as of the issuance date of March 28, 2025, there are no states in which a proposed registration or filing is currently on file. The document specifies the states where the registration is effective, where an exception is relied upon, or where an offering has been filed, which include California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.

For a prospective Cool Binz franchisee, this means that as of the FDD's issuance date, the franchise is already registered and available in the listed states. If a potential franchisee is located in one of these states, they can proceed with the application process without waiting for registration approval. This simplifies and potentially speeds up the process of opening a Cool Binz franchise in those states.

However, it is important to note that franchise registration status can change. Cool Binz may have applied for registration in additional states since the issuance date of the FDD. Therefore, a prospective franchisee should always confirm the current registration status with Cool Binz directly or by checking with the relevant state authorities before making any investment or signing any agreements. This ensures they are operating legally and within the bounds of franchise regulations.

It's also worth noting that some states do not require franchise registration, so the absence of a state from the 'effective' list does not necessarily mean that Cool Binz franchises cannot be offered or sold there. Instead, Cool Binz might be operating under an exemption or without the need for registration in those particular states. Always verifying the current status is a crucial step in due diligence.