# NOODLES & Co (NDLS) — strategic_review/formal_alternatives [announced]
Source: SEC API (secapi.ai) · situation sit_51f2f489f4f4c7c81fc5 · retrieved 2026-08-11T15:54:34.173Z

## Overview
Noodles & Company operates approximately 400 restaurants offering noodle-based dishes and globally inspired flavors, with both company-owned and franchise locations.

Noodles & Company announced on September 3, 2025 that its Board of Directors initiated a review of strategic alternatives to maximize stockholder value. The review encompasses potential options including refinancing of existing indebtedness maturing on July 27, 2027, refranchising or sale of all or part of the business, and other strategic or financial transactions. The review remains ongoing as of the July 24, 2026 filing date.

## Key dates
- Announced 2026-07-24

## Timeline
- 2026-07-24 · 8-K (0001275158-26-000047): 8-K - NOODLES & Co — *Noodles & Company operates approximately 400 restaurants offering noodle-based dishes and globally inspired flavors, with both company-owned and franchise locations.* Noodles & Company announced on September 3, 2025 that its Board of Directors initiated a review of strategic alternatives to maximize stockholder value. The review encompasses potential options including refinancing of existing indebtedness maturing on July 27, 2027, refranchising or sale of all or part of the business, and other strategic or financial transactions. The review remains ongoing as of the July 24, 2026 filing date.
  https://www.sec.gov/Archives/edgar/data/1275158/0001275158-26-000047.txt

## Citations
- 0001275158-26-000047 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000127515826000047