Business
Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency
COOTAMUNDRA, Australia, June 10, 2025 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, announced that it has received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) 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 54
About this update from Australian Oilseeds Holdings Limited
[{"type":"image","alt":"Australian Oilseeds Investments Pty Ltd.","displaySize":"","headline":null,"caption":"Australian Oilseeds Investments Pty Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":189,"height":96,"url":"https://media.zenfs.com/en/globenewswire.com/c2013be0f0f9467d1b0117f85e640d22"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/6hKbJJOIawYPi.86wqNXGQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTE4MztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/c2013be0f0f9467d1b0117f85e640d22","width":189,"height":96}},"lazy":false},{"type":"text","content":"COOTAMUNDRA, Australia, June 10, 2025 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, announced that it has received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) 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”).","length":637,"tagName":"p"},{"type":"text","content":"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 Qualifications Department (the “Staff”) of Nasdaq notifying the Company that it was not in compliance with the Stockholders’ Equity Requirement. The Company was granted a 180-day extension to regain compliance with the Stockholders’ Equity Requirement. Based on the review of the materials submitted on February 18, 2025 to Nasdaq by the Company, Nasdaq previously granted the Company’s request for an extension until May 30, 2025 to evidence compliance with this 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”).","length":919,"tagName":"p"},{"type":"text","content":"The Company intends to request a hearing before the Panel on or before 4:00 p.m. Eastern Time on June 11, 2025, which will automatic...