Gulf Resources Inc. announced that it received a delist determination letter from the Nasdaq Stock Market, indicating that the company failed to regain compliance with Listing Rule 5550(a)(2) by the required deadline. As a result, the company's securities are scheduled for delisting from the Nasdaq Capital Market on November 11, 2025. Gulf Resources has appealed the decision and implemented a one-for-ten reverse stock split in an effort to regain compliance. The company will present its plan to the Nasdaq Hearings Panel, but there is no assurance that the appeal or compliance efforts will be successful.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gulf Resources Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193805-25-001547), on November 07, 2025, and is solely responsible for the information contained therein.