News Summary

Moolec Science SA, a science-based food ingredient company specializing in producing animal proteins and nutritional oils in plants, has announced the effectiveness of a reverse stock split. The consolidation ratio is set at one-for-ten, reducing the number of issued and outstanding shares from approximately 40 million to 4 million. This adjustment will take effect on May 14, 2025, with shares continuing to trade on NASDAQ under the symbol ‘MLEC’ with a new CUSIP code. Shareholders do not need to take any action as their positions will automatically adjust. The reverse stock split does not affect the company’s business operations.