Recent Updates — MLECW
Shareholders of Moolec Science SA voted approximately 98.4% in favor of a special resolution to voluntarily wind up the company and appointed Cassandra Ronaldson and Amiel Gottlieb of Interpath (Cayman) Limited as Joint Voluntary Liquidators at an extraordinary general meeting on October 20, 2026. Following this approval, the Audit Committee dismissed Price Waterhouse & Co. S.R.L. as its independent registered public accounting firm effective October 21, 2026, citing that the engagement was no longer necessary due to the impending dissolution. The company's audit reports for fiscal years ending June 30, 2024 and 2025 included explanatory paragraphs indicating substantial doubt about its ability to continue as a going concern, stemming from the loss of control over Bioceres Crop Solutions Corp. Moolec Science SA operates in the geothermal energy sector.
Moolec Science SA has filed a 6-K submitting proxy materials for an Extraordinary General Meeting scheduled for October 20, 2026. The primary agenda item is a special resolution to approve the voluntary winding up of the company in accordance with Cayman Islands law. If approved, shareholders will also vote on appointing Cassandra Ronaldson and Amiel Gottlieb of Interpath (Cayman) Limited as Joint Voluntary Liquidators and authorizing their remuneration. The filing outlines record and voting deadlines for the proposal. Moolec Science SA operates in the geothermal energy sector.
Moolec Science SA reports that previously available financial support from shareholders and related parties is no longer accessible, necessitating replacement financing. This development coincides with a winding-up petition filed by Linklaters LLP regarding an alleged $2.3 million debt for legal services incurred under former management, which the Company disputes entirely. The loss of liquidity sources and the legal proceedings have significantly increased material uncertainty regarding the Company's ability to continue as a going concern and satisfy obligations. Moolec Science SA operates in the geothermal energy sector.
Moolec Science SA received a winding up petition on July 8, 2026, filed by Linklaters LLP in the Grand Court of the Cayman Islands. The petitioner seeks the appointment of joint liquidators over an alleged USD 2.3 million debt in legal fees incurred by former management prior to the June 16, 2025, business combination. The company disputes the claim entirely, characterizing it as an improper use of winding up jurisdiction for debt collection of a bona fide disputed amount. The petition has delayed the issuance of the Returning Holdback Amount to shareholders. A hearing is scheduled for November 3, 2026. Moolec Science SA is a biotechnology company focused on precision fermentation.