Australian Oilseeds Granted an Extension by Nasdaq Hearing Panel to Regain Compliance with Continued Listing Requirements
Australian Oilseeds (NASDAQ:COOT), a global sustainable edible oils manufacturer, has received an extension from the Nasdaq Hearings Panel until September 30, 2025 to regain compliance with listing requirements. The company must maintain a minimum stockholders' equity of $2.5 million to meet the Equity Rule.
As of July 22, 2025, the company reported $2.6 million in shareholder equity and plans to maintain compliance through debt conversion and revenue growth. If successful, COOT will be subject to a one-year panel monitor.
Australian Oilseeds (NASDAQ:COOT), produttore mondiale di oli alimentari sostenibili, ha ottenuto dalla Nasdaq Hearings Panel una proroga fino al 30 settembre 2025 per riallinearsi ai requisiti di quotazione. L'azienda deve mantenere un patrimonio netto minimo di 2,5 milioni di dollari per rispettare la Equity Rule.
Al 22 luglio 2025 la società ha dichiarato un patrimonio netto di 2,6 milioni di dollari e intende mantenere la conformità tramite conversione del debito e crescita dei ricavi. In caso di esito positivo, COOT sarà soggetta a un monitoraggio di un anno da parte del panel.
Australian Oilseeds (NASDAQ:COOT), fabricante global de aceites comestibles sostenibles, recibió una prórroga del Nasdaq Hearings Panel hasta el 30 de septiembre de 2025 para recuperar el cumplimiento de los requisitos de cotización. La compañía debe mantener un patrimonio neto mínimo de 2,5 millones de dólares para cumplir la Equity Rule.
Al 22 de julio de 2025, la empresa reportó un patrimonio de 2,6 millones de dólares y planea mantener la conformidad mediante la conversión de deuda y el crecimiento de los ingresos. Si lo logra, COOT estará sujeta a un monitoreo por parte del panel durante un año.
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Australian Oilseeds (NASDAQ:COOT), fabricant mondial d’huiles alimentaires durables, a obtenu du Nasdaq Hearings Panel une prolongation jusqu’au 30 septembre 2025 pour retrouver la conformité aux exigences de cotation. La société doit maintenir des capitaux propres d’au moins 2,5 millions de dollars pour satisfaire à la Equity Rule.
Au 22 juillet 2025, la société a déclaré des capitaux propres de 2,6 millions de dollars et prévoit de rester en conformité par la conversion de dettes et la croissance des revenus. En cas de succès, COOT sera soumise à un suivi d’un an par le panel.
Australian Oilseeds (NASDAQ:COOT), ein weltweit tätiger Hersteller nachhaltiger Speiseöle, hat vom Nasdaq Hearings Panel eine Fristverlängerung bis zum 30. September 2025 erhalten, um die Notierungsanforderungen wieder zu erfüllen. Das Unternehmen muss ein Mindestaktionärseigenkapital von 2,5 Mio. USD zur Einhaltung der Equity Rule vorweisen.
Zum 22. Juli 2025 meldete das Unternehmen ein Aktionärseigenkapital von 2,6 Mio. USD und plant, die Compliance durch Schuldenumwandlung und Umsatzwachstum aufrechtzuerhalten. Gelingt dies, wird COOT für ein Jahr von einem Panel überwacht.
- Current shareholder equity of $2.6 million exceeds minimum requirement
- Extension granted until September 30, 2025 provides additional time for compliance
- Company has active plan for maintaining compliance through debt conversion and revenue growth
- Risk of potential delisting if compliance is not maintained
- Company requires ongoing monitoring due to listing compliance issues
- Need for debt conversion suggests potential financial challenges
COOTAMUNDRA, Australia, Aug. 28, 2025 (GLOBE NEWSWIRE) -- 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
“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
About Australian Oilseeds Holdings Limited. Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company�) (NASDAQ: COOT) through its subsidiaries, including Australian Oilseeds Investments Pty Ltd., an Australian proprietary company, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.
Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," "shall" and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K for June 30, 2024 and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.
Contact
Australian Oilseeds Holdings Limited
126-142 Cowcumbla Street
Cootamundra New South Wales 2590
Attn: Amarjeet Singh, CFO
Email:
Investor Relations Contact
Reed Anderson
(646) 277-1260
