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Moolec Science Receives Nasdaq Extension Through June 29 To Regain Compliance Under Stockholders' Equity Requirement
Moolec Science S.A. ("Moolec" or the "Company") today announced that it has received a decision from the Nasdaq Hearings Panel (the "Panel") granting the Company an exception through June 29, 2026 to demonstrate compliance with the stockholders' equity requirement set forth in Nasdaq Listing Rule 5550(b)(1) (the "Stockholders' Equity Requirement"), subject to certain disclosure conditions.
Following bankruptcy proceedings of certain of Moolec's subsidiaries as described below, Moolec has been able to recognize a gain related to the derecognition of such subsidiaries.
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