Market Overview

Noodles & Company Files Proposed Primary and Secondary Offerings


Noodles & Company (NASDAQ: NDLS) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission in connection with the proposed primary and secondary public offering of its Class A common stock. Noodles & Company, as well as certain stockholders of Noodles & Company, plan to sell shares in the offering. Noodles & Company also expects to enter into an agreement with certain officers of Noodles & Company to repurchase shares of Class A common stock directly from such officers in a private, non-underwritten transaction at a price per share equal to the net proceeds per share that Noodles & Company and the selling stockholders receive in the offering. Noodles & Company will use the proceeds from the offering to fund the repurchase.

Morgan Stanley & Co. LLC and UBS Securities LLC are acting as lead joint book-running managers for the offering.  Jefferies LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Piper Jaffray & Co., Robert W. Baird & Co. Incorporated and RBC Capital Markets, LLC are acting as book-running managers.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the

See full press release

Posted-In: M&A News Guidance Offerings Contracts Management Global


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