regulatory
confidence high
sentiment positive
materiality 0.30
Noodles & Company regains Nasdaq minimum bid compliance; delisting notice resolved
NOODLES & Co
- On Feb 5, 2025, Nasdaq notified Noodles & Company it has regained compliance with the $1.00 minimum bid price requirement.
- The company had received a non-compliance notice on Dec 24, 2024, after its stock closed below $1.00 for 30 consecutive business days.
- The compliance matter is now closed, removing the immediate risk of delisting from the Nasdaq Global Select Market.