Have any states refused, by order or otherwise, to register the Cool Binz franchises?

According to Cool Binz's 2025 Franchise Disclosure Document, as of the date of the document, there are no states that have refused to register the Cool Binz franchise. Item 23 of the FDD includes state-specific addenda and disclosures. For Hawaii, the FDD lists states where the registration is effective, where an exception is relied upon, or where an offering has been filed. It also lists states, if any, which have refused to register the franchises, revoked or suspended the right to offer these franchises, or in which proposed registration of these franchises has been withdrawn.

Specifically, for Hawaii, the FDD states that California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin are states in which a registration is effective, in which Cool Binz is relying on an exception, or where an offering has been filed. The document explicitly states that no states have refused, by order or otherwise, to register these Cool Binz franchises. Similarly, it confirms that no states have revoked or suspended the right to offer these franchises, nor have any proposed registrations been withdrawn.

This information is crucial for prospective franchisees as it indicates the current regulatory standing of Cool Binz franchises across different states. The absence of any refusals, revocations, or suspensions suggests a generally positive reception by state regulatory bodies, which can be a reassuring factor for potential investors. However, franchisees should remain aware of state-specific addenda that may modify the franchise agreement to comply with local laws, as seen with the additional disclosures for states like Illinois, North Dakota, Rhode Island, and Virginia.