Moolec Science gets Nasdaq Staff memo supporting panel exception through June 29

Moolec Science (MLEC) announced that Nasdaq Staff has issued a memorandum to the Nasdaq Hearings Panel concluding that there is sufficient basis to grant Moolec an exception through June 29 to demonstrate compliance with the stockholders’ equity requirement set forth in Nasdaq Listing Rule 5550(b)(1), subject to certain disclosure conditions. The Staff memo reflects Nasdaq’s acknowledgment of the material improvement in Moolec’s balance sheet following a series of accounting and corporate events completed during the fourth quarter of 2025, which the company believes have restored compliance with the Stockholders’ Equity Requirement.