Noodles & CO 8-K Filing
Ticker: NDLS · Form: 8-K · Filed: Dec 29, 2025 · CIK: 1275158
Sentiment: neutral
Filing Stats: 1,188 words · 5 min read · ~4 pages · Grade level 17.6 · Accepted 2025-12-29 16:30:08
Key Financial Figures
- $1.00 — maintain a minimum closing bid price of $1.00 per share, and Nasdaq Listing Rule 5810
Filing Documents
- ndls-20251223.htm (8-K) — 35KB
- 0001275158-25-000116.txt ( ) — 149KB
- ndls-20251223.xsd (EX-101.SCH) — 2KB
- ndls-20251223_lab.xml (EX-101.LAB) — 21KB
- ndls-20251223_pre.xml (EX-101.PRE) — 12KB
- ndls-20251223_htm.xml (XML) — 3KB
01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed, on June 24, 2025, Noodles & Company (the "Company") received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with Nasdaq's Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Select Market. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum closing bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum closing bid price requirement exists if the deficiency continues for a period of 30 consecutive business days (the "Minimum Bid Price Requirement"). At that time, the Company was provided a compliance period of 180 calendar days from the date of the Notice, or until December 22, 2025, to regain compliance with the Minimum Bid Price Requirement, pursuant to Nasdaq Listing Rule 5810(c)(3)(A). As the Company did not regain compliance with the Minimum Bid Price Requirement by December 22, 2025, and it was determined that the Company was not eligible for another 180 calendar-day extension because it did not meet the requirements for a transfer to The Nasdaq Capital Market, as set forth under Nasdaq Listing Rule 5505(b), the Company received a delisting determination letter on December 23, 2025 (the "Delisting Determination Letter"). The Delisting Determination Letter states that unless the Company requests a hearing before a Nasdaq Hearings Panel (the "Panel") by December 30, 2025, the Company's securities would be subject to suspension/delisting. Accordingly, the Company intends to request a hearing before the Panel on or before December 30, 2025. The hearing request will automatically stay any suspension or delisting action pending the hearing and the expiration of any additional extension period granted by the