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flag Diveroli Investment Group supports Noodles & Company’s plan to sell 200 stores to cut debt and boost value.

flag Diveroli Investment Group, a Miami-based shareholder, filed a Schedule 13D with the SEC on December 4, 2025, expressing support for Noodles & Company’s strategic review and potential turnaround. flag The firm backs a plan involving the sale of about 200 corporate-owned stores—expected to generate $60 million—to reduce high-interest debt averaging 9-10%. flag This approach mirrors a prior successful restructuring led by Galloway Capital Partners. flag Diveroli’s COO Jonathan Berney said the strategy could strengthen the balance sheet, boost confidence, and unlock long-term value. flag The firm plans to share its full analysis publicly and remains open to dialogue with management and the board to advance financial stability and shareholder value.

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