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Stock impact report

Noodles & Company's board proposes reverse stock split [Yahoo! Finance]

Noodles & Company (NDLS) 
Last noodles & company earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: noodles.com
Company Research Source: Yahoo! Finance
Noodles & Company has announced plans for a reverse stock split in an effort to increase the price of individual shares. The fast-casual noodle chain  fell out of compliance of the rules of the Nasdaq Stock Market, where its shares are listed, on June 24, 2025, when its share price had been below $1 for 30 consecutive business days. It was given until Dec. 22, 2025 to regain compliance.  In a Dec. 12 filing with the Securities & Exchange Commission, in which Noodles & Company announced its plans for a reverse stock split, it also said it would ask for an extension of the deadline.  The plans for the reverse stock split are subject to shareholder approval. Shareholders who own stock in the company as  of Dec. 19, 2025 are eligible to vote by proxy or at a shareholder meeting on Feb. 4, 2026.   A reverse stock-split merges shares, reducing the overall number but increasing their value. The company's board of directors is giving itself wide leeway in regard to the size of the re Show less Read more
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