Noodles & Company Announces Proposed Primary and Secondary Offering of Common
BROOMFIELD, Colo., Nov. 19, 2013 (GLOBE NEWSWIRE) -- 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
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 offering may be obtained, when
available, from Morgan Stanley & Co. LLC at 180 Varick Street, 2^nd Floor, New
York, New York10014, Attention:Prospectus Department, by calling (866)
718-1649 or by emailing email@example.com, or from UBS Securities
LLC at 299 Park Avenue, New York, New York 10171 or by calling (888) 827-7275.
A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective.A copy of
the current registration statement is available on the Securities and Exchange
Commission's Web site, http://www.sec.gov/.These securities may not be sold
nor may offers to buy be accepted prior to the time that the registration
statement becomes effective. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.
About Noodles & Company
Founded in 1995, Noodles & Company is a fast-casual restaurant chain that
serves classic noodle and pasta dishes from around the world with 372
locations system-wide in 29 states and the District of Columbia as of
November15, 2013. Known as Your World Kitchen, Noodles & Company's globally
inspired menu consists of more than 25 fresh, customizable noodle bowls,
salads, soups and sandwiches that are prepared quickly using quality
ingredients. From healthy to indulgent, spicy to comforting, the menu provides
favorites for everyone from kids to adults. Popular dishes include the sweet
and spicy Japanese Pan Noodles, zesty Pesto Cavatappi and creamy Wisconsin Mac
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