Company: COOT
Filing Date: 2025-07-02
Form Type: PRE 14A
Source: 0001641172-25-017432
Chunk: 11

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-07-02
Form: PRE 14A
Chunk 11
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 listed companies to maintain
stockholders’ equity of at least $10,000,000 (the “Stockholders’ Equity Requirement”). The letter from Nasdaq
on June 4, 2025 further informed the Company that the Company’s securities would be delisted from Nasdaq unless the Company appeals
the Staff’s delisting determination by requesting a hearing before the Nasdaq Hearings Panel (the “Panel”).

On June 11, 2025, the Company
requested a hearing before the Panel, which will automatically stayed the suspension of trading in the Company’s securities pending
the Panel’s decision. On June 4, 2025, the Company also applied to list its securities on The Nasdaq Capital Market, which is pending
at present.

On June 12, 2025, the Panel
agreed to consider the Company’s appeal at an oral hearing on July 22, 2025 at 10:00 a.m. ET and provided the Company with a deadline
of July 2, 2025 at 12:00 p.m. to submit any supplemental information to the Panel for consideration in connection with the appeal. The
delisting action referenced in the Staff’s June 4, 2025 determination letter has been stayed. Thus, the Company’s Class A
Ordinary Shares will continue to trade at least until the Company receives the written decision by the Panel.

Purposes of the Proposal and Consequences of Not Approving It

The proposal is important
to the Company regaining compliance with the Nasdaq Minimum Bid Price Rule. If the Proposal is not approved by the Company’s Shareholders,
then the Company may not be able to regain compliance and, as a result, could cause its securities to be delisted from the Nasdaq.

The Proposal

The proposal seeks shareholder
approval of an amendment to the share capital of the Company, and to give our Board flexibility to determine the ratio of the Reverse
Share Split necessary to maintain the Company’s Nasdaq listing in the range of 1 for 2 to 1 for 8, in order to regain compliance
with the Nasdaq Minimum Bid Price Rule.

If the proposal presented
at this Extraordinary General Meeting is not approved by shareholders, it could result in material adverse consequences for the Company.
If our Ordinary Shares are delisted from Nasdaq, we may be forced to seek to have such shares traded or quoted on the OTC Bulletin Board
or in the “pink sheets.” Such alternatives are generally considered to