Driven Brands Holdings Inc. (NASDAQ:DRVN) ("Driven Brands" or the "Company") today announced that it received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") on June 1, 2026, indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") due to the delayed filing of its Quarterly Report on Form 10-Q for the period ended March 28, 2026 (the "2026 Form 10-Q") with the Securities and Exchange Commission (the "SEC"). The Listing Rule requires companies with securities listed on Nasdaq to timely file all required periodic reports with the SEC.
In accordance with Nasdaq's listing rules, the Company has 60 calendar days after the Notice, or until July 31, 2026, to submit a plan of compliance to Nasdaq addressing how the Company intends to regain compliance with the Listing Rule.
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