For Kidokinetics, what is the Issuance Date referenced in the context of franchisee communication?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 23: RECEIPT]
Issuance Date: April 19, 2024
I received a disclosure document issued April 19, 2024 which included the following exhibits:
Exhibit A List of State Administrators and Agents for Service of Process Exhibit B Franchise Agreement Exhibit C Franchise Operations Manual Table of Con ntents Exhibit D Financial Statements Exhibit E List of Current and Former Franchisees Exhibit F Franchise Disclosure Questionnaire Exhibit G State Addenda and Agreement Riders Exhibit H Contracts for Use with the Kidokinetics Fr anchise Exhibit I State Effective Dates Exhibit J Receipt Rev. 012417
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the Issuance Date is April 19, 2024. This date is significant because it marks when the FDD was officially issued and made available to prospective franchisees.
The FDD includes a receipt page that confirms the franchisee received the document issued on this date, along with a list of exhibits. These exhibits contain crucial information such as state administrators, the franchise agreement, operations manual, financial statements, and lists of current and former franchisees.
The Issuance Date is also relevant because certain information within the FDD, such as the list of former franchisees, is based on data up to a specific period before this date. Specifically, the FDD lists former franchisees who have not communicated with Kidokinetics within ten weeks of the Issuance Date. This ensures the information provided is as current as possible, allowing potential franchisees to make informed decisions.