Company: COOT
Filing Date: 2025-06-18
Form Type: S-1/A
Source: 0001641172-25-015645
Chunk: 192

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-06-18
Form: S-1/A
Chunk 192
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 Obligations”). The first payment is to be paid within three (3) business days of funding the second tranche of the Arena PIPE in an amount equal to at least 15% of that tranche, or USD$375,000. The second payment is to be paid within three (3) business days of funding of the third tranche of the Arena PIPE in an amount equal to at least 15% of that tranche, or USD$375,000. The balance is due at the 
 Company’s discretion but at no time later than 16-months post Business Combination. The full amount of USD$1,161,250                                                                                                                                                                                                                                                                                              
 shall be paid in full regardless of Arena 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 June 30, 2024, the Company has paid USD$ 1,550,000of the Owed Amounts to IBS and AUD$ 1,781,058is outstanding and recorded in trade and other payables 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