Driven Brands receives Nasdaq notice of listing rule non-compliance over delayed 10-Q
Driven Brands Holdings Inc. received a notice from Nasdaq on June 1, 2026, stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to delayed filing of its Quarterly Report on Form 10-Q for the quarter ended March 28, 2026. The 10-Q filing delay stems from a previously announced restatement of prior period financial statements and the associated delay in filing its 2025 Form 10-K, which was filed on May 19, 2026. The company has 60 calendar days until July 31, 2026, to submit a plan of compliance to Nasdaq, and Nasdaq has discretion to grant up to 180 calendar days from the notice (until November 25, 2026) for the company to regain compliance. The notice has no immediate effect on the listing or trading of the company's common stock on Nasdaq.
Key facts
- Nasdaq notice received June 1, 2026
- Nasdaq Listing Rule 5250(c)(1) non-compliance
- Quarterly Report on Form 10-Q for quarter ended March 28, 2026 not timely filed
- 60 calendar day deadline to submit compliance plan: July 31, 2026
- 180 calendar day maximum extension period ending November 25, 2026
- Form 10-K for year ended December 27, 2025 filed May 19, 2026
- Financial statement restatement previously announced
Why it matters
The listing deficiency notice creates a regulatory deadline for the company to file its delayed quarterly report and regain compliance with Nasdaq rules, or face potential delisting; currently the stock continues to trade without immediate effect.
Developing story
- NT 10-Q
- 8-Kthis filing
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Derived from 8-K filed 2026-06-05. Not investment advice. View the source filing on SEC.gov →