How many shares of Focalpoint Coaching common stock are authorized?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| STOCKHOLDERS' DEFICIT | |||||||
|---|---|---|---|---|---|---|---|
| Common stock, | $.001 | par value; | authorized | ||||
| 67,260 shares; issued and outstanding | $ | 100 | $ | 100 | |||
| Treasury stock, | $.001 | par value; | $10 | cost; | |||
| 32,743 outstanding | (10) | (10) | |||||
| Retained deficit | (237,280) $(237,190) $822,940 | (249,741) $(249,651) $641,697 |
Source: Item 23 — Receipts (FDD pages 57–259)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the company has authorized 67,260 shares of common stock with a par value of $0.001. Of these authorized shares, 67,260 are both issued and outstanding. The total value listed for these shares is $100 for both 2024 and 2023.
Additionally, Focalpoint Coaching has treasury stock with a par value of $0.001 and a cost of $10. There are 32,743 of these shares outstanding, with a listed value of ($10) for both 2024 and 2023.
This information is relevant to potential franchisees as it provides insight into the company's equity structure and financial standing. Understanding the number of authorized, issued, and outstanding shares can help franchisees assess the stability and potential future direction of Focalpoint Coaching.