Noodles & Company filed a Certificate of Amendment to effect a 1-for-8 reverse stock split of its Class A Common Stock, effective February 18, 2026, with the goal of regaining compliance with Nasdaq's minimum bid price requirement. The split will adjust all outstanding shares, equity awards, and registration statements proportionally.
Key takeaways
Reverse stock split approved at a 1-for-8 ratio for Class A Common Stock.
Split effective date is February 18, 2026, at 12:01 a.m. Eastern Time.
Implemented to regain compliance with Nasdaq's $1.00 minimum bid price requirement.
New CUSIP number for the Common Stock will be 65540B 303.
No fractional shares issued; holders receive rounding up to next whole share.
Equity awards and future grant limits under equity plans will be proportionally adjusted.