What is the par value of Focalpoint Coaching's common stock?
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 par value of the company's common stock is $0.001 per share. The document states that 67,260 shares of common stock are authorized, issued, and outstanding. The total value of the issued and outstanding common stock is listed as $100 for both 2024 and 2023.
Additionally, the document mentions treasury stock with a par value of $0.001 per share. There are 32,743 treasury shares outstanding, with a cost of $10.
This information is relevant to potential franchisees as it provides insight into the company's capitalization and equity structure. Understanding the par value and the number of shares outstanding can help franchisees assess the financial stability and ownership structure of Focalpoint Coaching.