Australian Oilseeds Holdings Limited (COOT) surged 16.67% in premarket trading following the announcement that it received approval to transfer its listing to the Nasdaq Capital Market and regain compliance with Nasdaq listing requirements. This regulatory milestone, reported by GlobeNewswire one month ago, signals improved market access and investor confidence in the company’s corporate governance and financial reporting. The move to Nasdaq, a major U.S. exchange, enhances the stock’s visibility to global investors and aligns with the company’s strategic efforts to strengthen its balance sheet and expand distribution through partnerships in key markets like India and China. The approval likely triggered immediate optimism among shareholders, driving the sharp premarket gain.
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