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Australian Oilseeds Holdings Limited(COOT) - 2025 Q1 - Quarterly Results
COOTAustralian Oilseeds Holdings Limited(COOT)2025-05-30 21:30

Financial Results - The Company reported financial results for the third quarter ended March 31, 2025, with significant updates to be announced in the press release dated May 30, 2025[6]. Nasdaq Compliance - The Company received a notice from Nasdaq indicating non-compliance with the 1.00minimumbidpricerequirement,witha180−dayperiodtoregaincompliance[8].−TheCompanywasalsonotifiedofadelinquencyinfilingitsQuarterlyReportonForm10−QfortheperiodendedMarch31,2025,buthassincefiledthereport,regainingcompliance[11][12].−TheCompanyintendstoactivelymonitoritsperformanceregardingNasdaqlistingstandardsandwillconsideroptionstoresolveanydeficiencies[10].−TheCompanyhasreceivedaBidPriceNoticefromNasdaq,indicatingitisnotincompliancewithlistingrules[7].−TheCompanyhasuntilNovember24,2025,toregaincompliancewiththeminimumbidpricerequirement[9].CompanyInformation−JSKSEnterprisesPtyLtd.convertedapproximatelyA1.00 minimum bid price requirement, with a 180-day period to regain compliance[8]. - The Company was also notified of a delinquency in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2025, but has since filed the report, regaining compliance[11][12]. - The Company intends to actively monitor its performance regarding Nasdaq listing standards and will consider options to resolve any deficiencies[10]. - The Company has received a Bid Price Notice from Nasdaq, indicating it is not in compliance with listing rules[7]. - The Company has until November 24, 2025, to regain compliance with the minimum bid price requirement[9]. Company Information - JSKS Enterprises Pty Ltd. converted approximately A5 million of outstanding loans into 4,452,479 shares at a conversion rate of USD $0.7241 per share, satisfying all obligations related to the loans[14]. - The Company is classified as an emerging growth company under the Securities Act of 1933[4]. - The Company’s ordinary shares are traded under the symbol "COOT" on The Nasdaq Stock Market LLC[4]. - The Company has a principal executive office located in Cootamundra, Australia[2].