secwatch.observer — SEC 8-K summary
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Issuer:     NOODLES & Co (NDLS)
CIK:        0001275158
Form:       8-K
Filed at:   2025-12-29T23:59:59+00:00
Accession:  0001275158-25-000116
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Noodles & Company faces Nasdaq delisting; will appeal, proposes reverse stock split
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- Received delisting determination on Dec 23, 2025 for failing to maintain $1.00 minimum bid price.
- Intends to request hearing with Nasdaq Hearings Panel by Dec 30, 2025; stays suspension pending hearing.
- Special meeting on Feb 4, 2026 to vote on reverse stock split at ratio between 1:2 and 1:15.
- Warns delisting could impair capital raising, trigger defaults, and reduce stock liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275158/000127515825000116/0001275158-25-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275158/000127515825000116/ndls-20251223.htm
  HTML page:      https://secwatch.observer/filing/0001275158-25-000116

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