secwatch.observer — SEC 8-K summary
======================================

Issuer:     Driven Brands Holdings Inc. (DRVN)
CIK:        0001804745
Form:       8-K
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0001804745-26-000036
Event type: debt
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804745/000180474526000036/0001804745-26-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804745/000180474526000036/drvn-20260424.htm
  HTML page:      https://secwatch.observer/filing/0001804745-26-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer