Noodles & Company approves 1-for-8 reverse stock split effective Feb 18, 2026 to regain Nasdaq compliance

NOODLES & Co

Stockholders approved reverse split with 96%+ of votes cast in favor; board set ratio at 1-for-8.
Reverse split effective Feb 18, 2026; stock continues trading under 'NDLS' on Nasdaq.
Goal: regain compliance with Nasdaq $1 minimum bid price requirement after June 2025 deficiency notice.
Nasdaq Hearing Panel granted extension on Jan 27, 2026; company must provide prompt updates.
No fractional shares issued; rounding up to next whole share.

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