Company: COOT
Filing Date: 2025-06-18
Form Type: S-1/A
Source: 0001641172-25-015645
Chunk: 23

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-06-18
Form: S-1/A
Chunk 23
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 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 from Nasdaq. At that time, the Company may appeal the delisting determination
to a Hearings Panel. The Company intends to actively monitor its performance with respect to the listing standards and will consider
available options to resolve the deficiency and regain compliance with the Nasdaq rules.

On May 27, 2025, the Company also received written notice (the “Nasdaq Letter”) from Nasdaq indicating that the Company is delinquent in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2025 (the “Form 10-Q”), which may serve as an additional basis for the delisting of the Company’s securities from Nasdaq. The Company previously filed a Form 12b-25 with the U.S. Securities and Exchange Commission on May 14, 2025, disclosing that it was unable to file the Form 10-Q within the prescribed time period without unreasonable effort or expense. The Nasdaq Letter provided that under Nasdaq rules, the Company has 60 calendar days to submit a plan to regain compliance with respect to the Delinquent Filing. The Company has filed its Quarterly Report on Form 10-Q for the period ended March 31, 2025 on May 30, 2025, thereby regaining compliance with its filing obligation, which eliminates the need for the Company to submit a formal plan to regain compliance.

On June 4, 2025, the Company received
a letter from the Listing Qualifications staff notifying the Company that it has not regained compliance with the minimum stockholders’
equity requirement for continued listing on the Nasdaq Global Market. Nasdaq Listing Rule 5450(b)(1) requires listed companies to maintain
stockholders’ equity of at least $10,000,000 (the “Stockholders’ Equity Requirement”). As previously noted in
the Company’s Current Report on Form 8-K filed with the SEC on December 12, 2024, the Company received a letter on December 6,
2024 from the Listing