Australian Oilseeds Holdings Limited (NASDAQ: COOT) received an extension from The Nasdaq Hearings Panel to regain compliance with continued listing requirements.
The company had $2.6 million in shareholder equity as of July 22, 2025, and aims to maintain compliance with the Equity Rule.
This extension will allow Australian Oilseeds Holdings to execute its plan to maintain minimum shareholders' equity requirement.
Extension Grant
The Nasdaq Hearings Panel granted Australian Oilseeds Holdings an extension until September 30, 2025, to regain compliance with the Equity Rule.
Shareholder Equity
As of July 22, 2025, the company reported $2.6 million in shareholder equity.
Compliance Plan
Australian Oilseeds Holdings plans to maintain the minimum equity value by converting debt and increasing revenues.
- The extension provides the company with the opportunity to rectify its compliance status and continue trading on The Nasdaq Stock Market.
- Maintaining the minimum shareholders' equity is crucial for Australian Oilseeds Holdings' continued listing and operations in the market.
The granted extension by The Nasdaq Hearings Panel offers Australian Oilseeds Holdings the necessary time to address compliance issues and secure its position in the market.