
Loan & DebtApr 23, 2026, 08:26 AM
Driven Brands Subsidiaries Get Extension for Financial Filings
AI Summary
Driven Brands Holdings Inc.'s indirect wholly-owned subsidiaries, U.S. Manager and Canadian Manager, received a waiver extending deadlines for financial statement delivery. The deadline for the 2025 annual financial statements (Form 10-K) is now June 10, 2026. Quarterly financial statements for the fiscal quarter ending March 28, 2026, are due 45 days after the 2025 annual statements are delivered. This waiver prevents a technical default under their Second Amended and Restated Base Indenture.
Key Highlights
- 2025 annual financial statements due by June 10, 2026.
- Q1 2026 quarterly statements due 45 days after 2025 annual filing.
- Waiver received by U.S. and Canadian Managers.
- Waiver granted under Second Amended and Restated Base Indenture.
Price Impact
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