[8-K] Leslie's, Inc. Reports Material Event

Rhea-AI Filing Summary

Leslie’s, Inc. reported it has regained compliance with Nasdaq’s minimum bid price rule. The company maintained a closing bid of at least $1.00 per share for ten consecutive business days from September 29, 2025 to October 13, 2025, and Nasdaq has closed the matter.

Earlier, on April 24, 2025, Leslie’s was notified its stock was at risk of delisting after 30 straight business days below $1.00, with a 180‑day window through October 21, 2025 to regain compliance. This update confirms continued listing on the Nasdaq Global Select Market under the minimum bid requirement.

Insights

Equity markets & listing standards analyst

Nasdaq confirms LESL back in bid-price compliance.

Nasdaq notified Leslie’s (LESL) that it satisfied Listing Rule 5550(a)(2) by maintaining a closing bid of $1.00 or more for ten consecutive business days spanning September 29–October 13, 2025. The prior deficiency notice provided a 180‑day window ending October 21, 2025.

This removes the immediate delisting risk tied to the bid‑price rule and confirms ongoing eligibility for the Nasdaq Global Select Market. Actual trading impact depends on market conditions and investor sentiment; the notice itself doesn’t alter operations or capital structure.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 14, 2025

LESLIE’S, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware			001-39667	20-8397425
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
2005 East Indian School Road
Phoenix, Arizona				85016
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (602) 366-3999

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.001 per share		LESL		The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On October 14, 2025, Leslie’s, Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”) by maintaining a minimum closing bid price of the Company’s common stock of at least $1.00 per share for the ten consecutive business days from September 29, 2025 to October 13, 2025 and that the matter is now closed.

As previously reported, on April 24, 2025, the Company received notification from the Staff indicating that the Company’s common stock was subject to potential delisting from The Nasdaq Global Select Market because, for a period of 30 consecutive business days, the bid price of the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing under the Bid Price Rule and that the Company had a period of 180 calendar days from the date of such notification, or until October 21, 2025, to regain compliance.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Leslie's, Inc.
Date:	October 16, 2025	By:	/s/ Benjamin Lindquist
			Benjamin Lindquist Senior Vice President, General Counsel & Corporate Secretary

FAQ

What did LESL announce regarding Nasdaq compliance?

Nasdaq informed Leslie’s that it regained compliance with the $1.00 minimum bid price rule after ten consecutive business days at or above that level.

What period qualified LESL for bid-price compliance?

The qualifying period was September 29, 2025 to October 13, 2025, with a closing bid of at least $1.00 each business day.

What rule did LESL satisfy to remain listed?

Leslie’s satisfied Nasdaq Listing Rule 5550(a)(2), the minimum bid price requirement.

What prior delisting risk did LESL face?

On April 24, 2025, Nasdaq warned of potential delisting after 30 consecutive business days below $1.00, granting a 180‑day cure period through October 21, 2025.

Where is LESL listed?

Leslie’s common stock remains listed on the Nasdaq Global Select Market under the symbol LESL.