Australian Oilseeds Holdings Limited (the "Company") (NASDAQ:COOT), a manufacturer and seller of sustainable edible oils to customers globally, today announced that it received a written decision from The Nasdaq Hearings Panel (the "Panel") on August 22, 2025, granting the Company an extension to regain compliance with continued listing requirements and demonstrate long-term compliance with the Equity Rule (which requires listed issuers to maintain minimum stockholders' equity of $2.5 million). Specifically, the Panel has agreed to provide the Company until September 30, 2025 to regain compliance with the Equity Rule and to allow the continued listing of the Company's ordinary shares and warrants on The Nasdaq Stock Market through such date, subject to the Company's compliance with the Equity Rule on or prior to such date.
"We believe the extension granted by the Nasdaq Hearings Panel will allow us to finish executing on our plan to maintain compliance with Nasdaq's minimum shareholders' equity requirement," said Gary Seaton, Chief Executive Officer.
The Company states that as of the hearing date on July 22, 2025, it had $2.6 million in shareholder equity. The Company plans to maintain this minimum equity value by converting additional debt and increasing revenues. As required by The Nasdaq Stock Market's rules, should the Company regain compliance, it will be subject to a one-year panel monitor.
Contact Us
Contact Number : +852 3852 8500Service Email : service@webull.hkBusiness Cooperation : marketinghk@webull.hkEnglish