Company: COOT
Filing Date: 2025-06-18
Form Type: S-1/A
Source: 0001641172-25-015645
Chunk: 202

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-06-18
Form: S-1/A
Chunk 202
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 are two covenants being:

| ● | The                                                                                                           
 interest cover ratio in respect of the obligor must for each reporting period be no less than 2.50 times; and |
| ● | The                                                                                                           
 net working capital ratio must at all times be more than 80%.                                                 |

The Company’s ability to continue its business activities as a going concern is dependent upon the Company deriving sufficient cash from the business operation and being able to draw down additional long-term debt from the senior debt provider, CBA, who has provided a total facility loan of AUD$ 14,000,000 with unused facilities as at 31 March 2025 of AUD$ 8,000,000which is repayable on demand. In addition, the Company also has the ability to draw down an additional US$ 6million of redeemable debentures from the existing PIPE investors or executing a US$ 50 million equity line of credit (ELOC) once the Company lodges the registration statement of the ELOC.

Accordingly, the directors have prepared the financial statements on a going concern basis which contemplates continuity of normal activities and realization of assets and settlement of liabilities in the normal course of business.

Should the Company be unable to obtain funding from banks or other financiers, PIPE investors or fail to execute the ELOC, the Company may be required to realize its assets and discharge its liabilities other than in normal course of business and at amounts different to those stated in these financial statements. The financial statements do not include any adjustments to the recoverability and classification of asset carrying amounts or amounts of liabilities that might result should the Company be unable to continue as a going concern.

(d) Financial instruments

Financial instruments are recognised initially on the date that the Company becomes party to the contractual provisions of the instrument.

On initial recognition, all financial instruments are measured at fair value plus transaction costs (except for instruments measured at fair value through profit or loss where transaction costs are expensed as incurred).

Concentration of Key Customers

A substantial portion of the Company’s products are sold to its top five customers. For the three months ending 31 March 2025 and 2024, 87.9% and 96.9%, respectively, of total sales by the Company were to its top five customers.

Schedule of Total Sales From Each Customer

|                                                  |     | Unaudited Total Sales  
 for                    
 The Three Months Ended |           |     | Unaudited Total Sales 
 for                   
 The Nine Months Ended |           |