13D Filings
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NOODLES & Co
NDLS
Initial Filing
Ownership

6.01%

Total Shares

2,809,600

Issuer CIK

1275158

CUSIP

65540B105

Event Date

Nov 30, 2025

Accepted

Dec 1, 2025, 01:08 PM

SEC EDGARView Original Filing
Reporting Persons (3)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
Galloway Capital Partners, LLC
Other
6.01%2,809,60002,809,600
Galloway Capital, LP
Other
6.01%2,809,60002,809,600
GALLOWAY BRUCE
Individual
6.01%2,809,60002,809,600
Disclosure Items (7)

Security Title

Common Stock, $0.01 par value per share

Issuer Name

NOODLES & Co

Issuer Address

520 Zang Street, Suite D, Broomfield, CO, 80021

Filing Persons

(i) Galloway Capital Partners, LLC (ii) Galloway Capital, LP (iii) Bruce Galloway

Business Address

Galloway Capital Partners, LLC is a Delaware limited liability company incorporated in Delaware. Galloway Capital, LP is a limited partnership incorporated in Delaware. Bruce Galloway is a resident of Florida. Bruce Galloway is the managing member of Galloway Capital Partners, LLC. Galloway Capital Partners, LLC is the investment manager of Galloway Capital, LP

Principal Occupation

The address of the principal business office of each Reporting Person is 650 NE 2nd Avenue, 3007, Miami, FL 33132.

Convictions

No

Citizenship

USA

Galloway Capital Partners, LLC acquired 2,809,600 shares of Common Stock in open market purchases from December 2024 through November 2025. The aggregate purchase price for the shares of Common Stock is approximately $.715 per share. Such shares of Common Stock were purchased with investment capital of Galloway Capital Partners, LLC and Mr. Galloway. The Reporting Persons have effectuated transactions to acquire shares of Common Stock within the past sixty (60) days, as reflected in Schedule 1 to this Report. Other than as set forth in this Report, none of the Reporting Persons has effected any transactions in the shares of Common Stock within the past sixty (60) days.

Each Reporting Person acquired the securities described in this Schedule 13D for investment purposes and intend to review its investment in the Issuer on a continuing basis. Each Reporting Person may from time to time acquire additional securities of the Issuer or retain or sell all or a portion of the shares then held by such Reporting Person, in the open market, block trades, underwritten public offerings or privately negotiated transactions. Any actions any Reporting Person might undertake with respect to its investment in the Issuer may be made at any time and from time to time and will be dependent upon such Reporting Person's review of numerous factors, including, but not limited to: ongoing evaluation of the Issuer's business, financial condition, operations, prospects and strategic alternatives; price levels of the Issuer's securities; general market, industry and economic conditions; the relative attractiveness of alternative business and investment opportunities; tax considerations; liquidity of the Issuer's securities; and other factors and future developments. Each Reporting Person may consider, explore and/or develop plans and/or make proposals (whether preliminary or final) with respect to, among other things, the Issuer's performance, operations, management, governance (including potential changes to the Board), conflicted party transactions, capital allocation policies, and strategy and plans of the Issuer. Each Reporting Person intends to engage the Board and management with respect to the matters referred to in the preceding sentence. In addition, each Reporting Person may, at any time and from time to time, (i) review or reconsider its position and/or change its purpose and/or formulate plans or proposals with respect thereto and (ii) propose or consider one or more of the actions described in subparagraphs (a) - (j) of Item 4 of Schedule 13D. The Reporting Persons sent the attached letter to management of the Company. The Reporting Persons believe the Company's share price is undervalued and management needs to take steps to protect the equity value for the shareholders

Percentage of Class

See Items 11 and 13 on the cover pages to this Schedule 13D for the aggregate number and percentage of the class of securities identified pursuant to Item 1 owned by the Reporting Person.

Number of Shares

i. Sole power to vote or to direct the vote: See Item 7 on cover pages to this Statement. ii. Shared power to vote or to direct the vote: See Item 8 on cover pages to this Statement. iii. Sole power to dispose or direct the disposition: See Item 9 on cover pages to this Statement. iv. Shared power to dispose or direct the disposition: See Item 10 on cover pages to this Statement.

Transactions

Other than as set forth in response to Item 3 above, no other transactions in the Issuer's Common Stock by the Reporting Persons were effected in the past sixty (60) days.

Shareholders

No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock beneficially owned by the Reporting Persons.

Date of 5% Ownership

Not applicable.

Except for the relationships described above and in the responses to Items 4 and 5 herein, none of the Reporting Persons, nor, to the best of their knowledge, any persons identified in Item 2 hereof has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person, with respect to any securities of the Issuer.

Exhibit 99.1 -- Joint Filing Agreement