Driven Brands Holdings Inc. 8-K

What Happened Driven Brands Holdings Inc. (DRVN) filed an 8-K on June 5, 2026 disclosing that Nasdaq notified the company on June 1, 2026 that it is not currently in compliance with Nasdaq Listing Rule 5250(c)(1) because the company has delayed filing its Quarterly Report on Form 10‑Q for the quarter ended March 28, 2026 (the 1Q2026 10‑Q). The Notice does not have any immediate effect on the listing or trading of Driven Brands’ common stock on the Nasdaq Global Select Market.

The company previously filed a Form 12b‑25 on May 8, 2026 to notify the SEC of the late 1Q2026 10‑Q. Driven Brands said the delay stems from a restatement of prior financial statements and the related delay in completing its Form 10‑K for the year ended December 27, 2025 (filed May 19, 2026). The company is working to complete and file the 1Q2026 10‑Q as soon as reasonably practicable.

Key Details

• Nasdaq notice received: June 1, 2026; 8‑K filed June 5, 2026.
• Compliance timeline: 60 days to submit a plan (deadline July 31, 2026); Nasdaq may extend up to 180 days (potential cure date Nov 25, 2026).
• Background: Form 12b‑25 filed May 8, 2026; 2025 Form 10‑K filed May 19, 2026; Nasdaq had earlier issued a non‑compliance notice on April 15, 2026 and said the company returned to compliance on May 29, 2026 after filing the 10‑K.
• The delay in the 1Q2026 10‑Q is tied to a restatement of previously issued financial statements.

Why It Matters For investors, the filing delay and Nasdaq notice are material because timely SEC reports are key to transparency about a company’s financial health. Although trading is not currently affected, failure to regain compliance within Nasdaq’s deadlines could lead to further regulatory action, including potential delisting. Investors should watch for (1) the company’s submitted compliance plan, (2) the filing of the 1Q2026 10‑Q, and (3) any updates about the financial statement restatement.