Company: COOT
Filing Date: 2025-06-10
Form Type: S-1/A
Source: 0001641172-25-014422
Chunk: 222

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-06-10
Form: S-1/A
Chunk 222
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 PIPE funding and by no later than sixteen (16) months post-closing.                                                                                                                                                                                                                                                                                                                                                                                                     |
| (c) | Deferred                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
 Cash Payment Obligations shall be accelerated in the event the Company issues debt, equity, or other equity-linked securities in                                                                                                                                                                                                                                                                                                                                              
 one or more public or private offerings (“Capital Event”). Upon the occurrence of a Capital Event the Company shall pay                                                                                                                                                                                                                                                                                                                                                       
 from the Proceeds of the applicable capital sources within no more than three (3) business days following the consummation of such                                                                                                                                                                                                                                                                                                                                            
 Capital Event of at least twenty percent (20%) of the Proceeds, up to the amount of any then-outstanding Deferred Cash Payment Obligations.                                                                                                                                                                                                                                                                                                                                   |

As of 31 March 2025 and 30 June 2024, the Company has paid Niland USD$ 1,550,000, respectively of the Owed Amounts to IBS and AUD$ 1,781,058and AUD$ 1,781,058are outstanding and recorded in trade and other payables, respectively, in the accompanying statement of financial position.

In June 2024, the Company entered into a payment agreement with Ellenoff Grossman & Schole LLP (“EGS”) related to the fees owed to EGS at the closing of the Business Combination for which EGS provided legal representation to EDOC regarding the Business Combination. Pursuant to the agreement, the EGS agreed to reduce the amount owed by the Company by USD$ 250,000to USD$ 2,100,000to be paid in payments beginning in June 2024 and ending in December 2025. The Company agreed to pay monthly payments of USD$ 100,000per month, with the exception of a payment of USD$ 200,000in December 2024 and December 2025.

As of 31 March 2025, the Company has paid USD$ 1,100,000and USD$ 750,000is outstanding and recorded in trade and other payable in the accompanying consolidated statement of financial position.

24. Net Tangible Assets

Net tangible assets per ordinary share have been determined using the net assets on the consolidated statement of financial position adjusted for non-controlling interests, intangible assets and goodwill.

25. Events Occurring After the Reporting Date

The consolidated financial report was authorized for issue by the board of directors.

We have received conversion notice on 28th April 2025 from Arena Investors, LP ((the “