NOODLES & Co (NDLS): Nasdaq/NYSE listing notice — Noodles & Company flagged by Nasdaq for sub-$1.00 bid price; 180-day cure period

NOODLES & Co

Received Nasdaq deficiency notice on June 24, 2025; bid price below $1.00 for 30 consecutive business days.
Has until December 22, 2025 to regain compliance; must close at $1.00+ for 10 consecutive business days.
If not cured, may request a second 180-day period by transferring to Nasdaq Capital Market if eligible.
Considering a reverse stock split among other options; no assurance of regaining compliance.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.97

NOODLES & Co received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A)

Exact text from the filing

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) (the “Minimum Bid Price Requirement”) for continued listing on The Nasdaq Global Select Market.

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5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

NOODLES & Co filing history →

Source: SEC EDGAR

accession 0001275158-25-000081

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