factual

Up to what date have subsequent events been evaluated for Crave?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

Subsequent events have been evaluated through March 24, 2025, which is the date the financial statements were available to be issued. No significant events or transactions were identified that would require adjustment to the financial statements

Source: Item 23 — RECEIPTS (FDD pages 63–253)

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, subsequent events related to the company's financial statements were evaluated through March 24, 2025. This date corresponds to when the financial statements were available for issuance.

This means that Crave's auditors considered events and transactions that occurred after the balance sheet date (December 31, 2024) up to March 24, 2025, to determine if any of these events would require adjustments or disclosures in the financial statements. This is a standard auditing procedure to ensure that the financial statements reflect the most current and accurate information available.

The FDD indicates that no significant events or transactions were identified that would necessitate any adjustments to the financial statements. For a prospective franchisee, this suggests that the financial information provided by Crave is considered reliable and that there were no known major events that would materially impact the company's financial position as of the date the audit was completed.

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.