Australian Oilseeds Faces Nasdaq Compliance Challenge

Australian Oilseeds Holdings (COOT) has released an update.

Australian Oilseeds Holdings Limited has been notified by Nasdaq of non-compliance with the minimum bid price rule, after its shares fell below the $1 threshold for 30 consecutive days. The company has a 180-day period to regain compliance with the possibility of an extension. While the company’s shares continue to trade under the ticker ‘COOT’, there is uncertainty about its ability to meet the compliance requirements.

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