$NDLS·8-K

NOODLES & Co · Mar 9, 4:49 PM ET

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NOODLES & Co 8-K

Research Summary

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Updated

Noodles & Company Regains Nasdaq Bid-Price Compliance

What Happened

  • Noodles & Company (NDLS) announced in an 8-K filed March 9, 2026 that it has regained compliance with Nasdaq Listing Rule 5810(c)(3)(A).
  • The company had received a deficiency notice on June 24, 2025 after its closing share price was below $1.00 for 30 consecutive business days. On March 5, 2026 Nasdaq notified the company that the closing bid price had been $1.00 or greater for the prior 10 consecutive business days and that the matter is closed.

Key Details

  • Date of deficiency notice: June 24, 2025 (below $1.00 for 30 consecutive business days).
  • Date Nasdaq confirmed compliance: March 5, 2026.
  • Cure condition met: closing bid price ≥ $1.00 for 10 consecutive business days.
  • 8-K filing date: March 9, 2026 (Item 8.01 — Other Events).

Why It Matters

  • Regaining compliance means NDLS remains listed on the Nasdaq Global Select Market and is not subject to delisting based on the prior low share-price deficiency.
  • Continued listing preserves trading liquidity, visibility to investors, and the regulatory status tied to Nasdaq listing; Nasdaq indicated no further action is required on this matter.

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