Company: COOT
Filing Date: 2025-10-23
Form Type: 20-F
Source: 0001493152-25-019123
Chunk: 60

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-10-23
Form: 20-F
Item: Item 9
Chunk 60
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 on Form 10-K for the period ended June 30, 2024 was AUD $907,569. Based on the currency conversion rate from AUD to USD as of
June 30, 2024, the shareholders’ equity was approximately $605,258. In accordance with Nasdaq rules and as stated in the Letter,
the Company had until January 21, 2025 (45 calendar days from the date of the Letter) to submit a plan to regain compliance. On January
20, 2025, the Company submitted its plan of compliance which it supplemented on January 28, 2025. On February 18, 2025, based on the
Company’s submission, the Nasdaq Staff determined to grant the Company an extension of time to regain compliance with Nasdaq Listing
Rule 5550(b)(1)(A) to May 30, 2025.

As
previously reported, on May 27, 2025, the Company received a written notice (the “ Bid Price Notice”) from Nasdaq indicating
that the Company is not in compliance with the $1.00 Minimum Bid Price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued
listing on Nasdaq. The Nasdaq Listing Rules require listed securities to maintain a minimum bid price of $1.00 per share and, based upon
the closing bid price for the last 30 consecutive business days, the Company no longer meets this requirement. The Bid Price Notice indicated
that the Company will be provided 180 calendar days to November 24, 2025 in which to regain compliance. If at any time during this period
the bid price of the Company’s common stock closes at or above $1.00 per share for a minimum of ten consecutive business days,
the Nasdaq Staff will provide the Company with a written confirmation of compliance and the matter will be closed.

In
the event the Company does not regain compliance with Rule 5550(a)(2) prior to the expiration of the 180 calendar day period, the Nasdaq
Staff will provide the Company with written notification that its securities are subject to delisting, which the Company may appeal to
a Hearings Panel. Alternatively, if the Company fails to regain compliance with Rule 5550(a)(2) prior to the expiration of the 180 calendar
day period, but meets the continued listing requirement for market value of publicly held shares and all of the other applicable standards
for initial listing on The Nasdaq