Company: COOT
Filing Date: 2025-10-23
Form Type: 20-F
Source: 0001493152-25-019123
Chunk: 6

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-10-23
Form: 20-F
Item: Item 3
Chunk 6
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 1 for 2 to 1 for 8, to be determined by the Company’s Board of
Directors (“ Board”) following the Extraordinary General Meeting.

   4  

As
previously reported, on August 22, 2025, Nasdaq granted the Company’s request for continued listing subject to company demonstration
of compliance with equity rule as per the company’s financial statements to be filed on or before September 30, 2025. As previously
disclosed on June 10, 2025, the Company announced that it had received notification from Nasdaq regarding its failure to regain compliance
with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5450(b)(1)(A) (the “ Equity Rule”). The
Company subsequently requested a hearing before the Nasdaq Hearings Panel, which was held on July 22, 2025. The Company presented to
the Panel its plan to achieve compliance with applicable Nasdaq listing criteria and requested an extension of time to do so.

The
Panel granted the Company an extension to regain compliance with continued listing requirements and demonstrate long-term compliance
with the Equity Rule (which requires listed issuers to maintain minimum stockholders’ equity of $2.5 million). Specifically, the
Panel has agreed to provide the Company until September 30, 2025 to regain compliance with the Equity Rule and to allow the continued
listing of the Company’s ordinary shares and warrants on The Nasdaq Stock Market through such date, subject to the Company’s
compliance with the Equity Rule on or prior to such date. The Company states that as of the hearing date on July 22, 2025, it had $2.6
million in shareholder equity. The Company plans to maintain this minimum equity value by converting additional debt and increasing revenues.
As required by The Nasdaq Stock Market’s rules, should the Company regain compliance, it will be subject to a one-year panel monitor.
Although the Company will use all reasonable efforts to achieve compliance with listing requirements, there can be no assurance that
the Company will be able to maintain compliance with all Nasdaq continued listing requirement.

The
listing rules of Nasdaq require listing issuers to comply with certain standards in order to remain listed on its exchange. If, for any
reason, we should fail to maintain compliance with these listing standards and Nasdaq should delist our securities from trading on its
exchange and we are unable to obtain listing on another national securities exchange, a reduction in some or all