Driven Brands Holdings Inc. 8-K

What Happened
Driven Brands Holdings Inc. filed an 8-K on April 23, 2026, disclosing that its indirect subsidiaries (the U.S. Manager — Driven Brands, Inc. — and the Canadian Manager — Driven Brands Canada Shared Services, Inc.) received a waiver dated April 22, 2026 (the “WBS Waiver”) under the company’s indenture. The waiver extends several filing deadlines, most notably moving the deadline to deliver the Company’s annual Form 10‑K for the fiscal year ended December 27, 2025, to June 10, 2026. The Company says it currently expects to deliver the 2025 Form 10‑K on or before that date.

Key Details

• Waiver date: April 22, 2026; filed as Exhibit 99.1 to the 8-K.
• New deadline for 2025 Form 10‑K: June 10, 2026.
• Quarterly statements for the quarter ending March 28, 2026: extended to 45 days after the annual statements are delivered.
• Delivery of independent auditor/Back-Up Manager reports to the Co‑Issuers extended to 30 days after the latest delivery date of the annual financial statements.
• Parties noted: Trustee — Citibank, N.A.; Servicer — Midland Loan Services (PNC); Back‑Up Manager — FTI Consulting; applicable Rating Agencies.

Why It Matters
This is a procedural filing about timing, not about financial results or leadership changes. The waiver prevents potential technical defaults under the indenture by giving Driven Brands more time to file required financial reports with the Trustee, servicer, back‑up manager, and rating agencies. For investors, the key takeaways are: (1) the company has permission to delay its annual report until June 10, 2026, and (2) no new financial data, restatements, or management changes were disclosed in this filing.