NasdaqGS:DRVNConsumer Services
Driven Brands Faces Nasdaq Notice As Investors Weigh Governance And Valuation
Driven Brands Holdings (NasdaqGS:DRVN) has received a Nasdaq notice of non-compliance tied to a delayed annual report filing.
The company has postponed its Form 10-K while it completes an internal review and addresses material weaknesses in internal controls.
The notice does not currently affect trading of DRVN shares, but it highlights regulatory attention on the company’s reporting processes.
At a share price of $13.04, Driven Brands Holdings is working through this filing delay while...