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Moolec Received Nasdaq Staff Determination Letter

1. Moolec Science has been notified of non-compliance with Nasdaq's Listing Rule. 2. The company’s share price has remained below $1.00 for over 30 days.

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FAQ

Why Very Bearish?

Non-compliance with Nasdaq often leads to delisting, negatively impacting investor confidence. Historical delistings have shown significant drops in stock value and trading volume.

How important is it?

The potential delisting from Nasdaq poses a significant risk, likely impacting liquidity and investor interest. Investors typically react quickly to notices of non-compliance, elevating the importance score.

Why Short Term?

The immediate concern is the risk of delisting, which affects current investor sentiment and stock performance. Similar situations have led to quick downturns in stock prices within months.

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BLISRNEOCGN
LUXEMBOURG, LU / ACCESS Newswire / March 17, 2025 / Moolec Science SA (NASDAQ:MLEC), a public limited liability company (société anonyme) governed by the laws of the Grand Duchy of Luxembourg, having its registered office at 17, Boulevard F.W. Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg, and registered with the Luxembourg Register of Commerce and Companies (Registre de Commerce et des Sociétés de Luxembourg) under registration number B268440 ("Moolec," the "Company," "we," "us" or "our") received a letter on March 11, 2025 (the "Determination Letter"), from the staff of the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, as the closing bid price of its listed securities has remained at less than $1.00 per share over 30 consecutive business days as of September 10, 2024, and has not increased to $1.00 for more than 10 consecutive business days thereafter, the Company has not regained compliance with Nasdaq Listing Rule 5550(a)(2).

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