Driven Brands Holdings Inc. (NASDAQ: DRVN) received a notice from NASDAQ on June 1, 2026, indicating non-compliance with listing requirements due to the delayed filing of its quarterly report for the period ended March 28, 2026.

The automotive services company failed to meet NASDAQ Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the Securities and Exchange Commission. The quarterly report delay stems from a previously announced restatement of prior period financial statements and the associated delay in filing its 2025 annual report, which was filed on May 19, 2026.

The notice has no immediate effect on the listing or trading of Driven Brands' common stock on NASDAQ. Under NASDAQ rules, the company has 60 calendar days until July 31, 2026, to submit a compliance plan. NASDAQ may grant up to 180 calendar days from the quarterly report's due date, or until November 25, 2026, for the company to regain compliance.

Driven Brands stated it is working to complete its financial reporting and expects to file the quarterly report as soon as practicable.

The Charlotte, North Carolina-based company operates automotive service businesses including Take 5 Oil Change, Meineke Car Care Centers, and Maaco. As of fiscal year 2025, Driven Brands had over 4,200 locations across the United States and Canada, generating approximately $1.9 billion in annual revenue from about $6.1 billion in system-wide sales.