---
schema_version: "secwatch.filing_event.v1"
accession: "0001804745-26-000036"
form_type: "8-K"
ticker: "DRVN"
cik: "0001804745"
company_name: "Driven Brands Holdings Inc."
filed_at: "2026-04-27T23:59:59+00:00"
generated_at: "2026-05-15T03:54:19.721420+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Driven Brands waives defaults from planned restatement of FY2023-2025 financials; extends reporting deadlines

## Summary
- Waived defaults or events of default arising from borrower's notice of intent to restate financials for FY2023, FY2024, and first three quarters of FY2025.
- Deadline for FY2025 annual financial statements extended to June 10, 2026 (165 days after year-end).
- Deadline for Q1 2026 financial statements extended to 45 days after delivery of FY2025 statements.
- Company expects to deliver FY2025 financial statements on or before June 10, 2026.
- Amendment entered with JPMorgan Chase as administrative agent and consenting lenders.

## SEC filing metadata
- accession: 0001804745-26-000036
- form_type: 8-K
- ticker: DRVN
- cik: 0001804745
- company_name: Driven Brands Holdings Inc.
- filed_at: 2026-04-27T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804745/000180474526000036/0001804745-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804745/000180474526000036/drvn-20260424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001804745-26-000036
- JSON: https://secwatch.observer/filing/0001804745-26-000036.json
- Plain text: https://secwatch.observer/filing/0001804745-26-000036.txt

## Source-grounded claims
- claim_id: dac8fc21b21980a0fd22979733e3100fe0b4df16
  claim: Driven Brands Holdings Inc. amended Amendment to Credit Agreement with JPMorgan Chase Bank, N.A. valued at amendment to revolving credit facility providing limited waiver and extending deadlines for delivery (effective 2026-04-24).
  evidence_excerpt: On April 24, 2026, Driven Holdings Parent LLC (“Holdings”) and Driven Holdings, LLC (“Borrower”), indirect wholly-owned subsidiaries of Driven Brands Holdings Inc. (the “Company”), entered into an amendment (the “Amendment”) that also provides for a limited waiver to their revolving credit facility under the Credit Agreement, dated as of May 27, 2021 (as amended, restated, supplemented, or otherwise modified, the “Credit Agreement”) by and among Holdings, Borrower, the lenders party thereto from time to time (the “Lenders”), and JPMorgan Chase Bank, N.A. as administrative agent (the “Administrative Agent”), which (i) waives any defaults or events of default that may exist or have arisen as a result of Borrower notifying the Administrative Agent and the Lenders that it intends to restate previously delivered financial statements for the fiscal years ending on December 30, 2023 and on December 28, 2024 and the first three fiscal quarters of the fiscal year ending on December 27, 2025, (i
  evidence_url: https://www.sec.gov/Archives/edgar/data/1804745/000180474526000036/0001804745-26-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
