Gulf Resources, Inc. Receives NASDAQ Notice to Late Filing of Its Annual Report
Rhea-AI Summary
Gulf Resources (NASDAQ:GURE) received a Nasdaq delinquency notice on April 23, 2026 for failing to timely file its Form 10-K for the year ended December 31, 2025. The notice does not immediately affect listing.
The company has 60 calendar days to submit a plan to regain compliance; if accepted, Nasdaq may extend the cure period to October 12, 2026. If Nasdaq rejects the plan, Gulf Resources may appeal to a Nasdaq Hearings Panel. The company stated it is working diligently to complete the Form 10-K and made this disclosure under Nasdaq rules.
Positive
- Notice has no immediate effect on Nasdaq listing
- 60-day window to submit a plan to regain compliance
- Potential extension to October 12, 2026 if plan accepted
- Company states it is working diligently to complete Form 10-K
Negative
- Failure to timely file Form 10-K for period ended Dec 31, 2025
- Non-compliance with Nasdaq Listing Rule 5250(c)(1)
- Risk of further Nasdaq action or hearing if plan denied
News Market Reaction – GURE
In the Apr 28 session, GURE declined 5.52%, reflecting a notable negative market reaction. Argus tracked a trough of -44.6% from its starting point during tracking. Our momentum scanner triggered 32 alerts that day, indicating elevated trading interest and price volatility. Trading volume was very high at 3.0x the daily average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 16 | 10-K delay update | Negative | -5.7% | Delay in 2025 Form 10-K to address SEC-requested accounting adjustments. |
| Dec 02 | Nasdaq compliance regained | Positive | +63.5% | Regained compliance with Nasdaq minimum bid price requirements, hearing cancelled. |
| Nov 12 | Nasdaq hearing update | Positive | +37.3% | Reverse split and bid price improvement ahead of Nasdaq hearing and trading review. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent Nasdaq-related and reporting compliance headlines have all seen price moves aligned with the apparent news tone.
This announcement continues a series of compliance and reporting updates. On April 16, 2026, GURE disclosed a delay in its 2025 Form 10-K, linked to SEC-driven accounting adjustments, and the stock dropped. In late 2025, Nasdaq listing risk and remediation dominated: the company outlined its hearing process and reverse split on November 12, 2025, then reported regained Nasdaq compliance on December 2, 2025, which triggered strong positive reactions. Today’s formal Nasdaq late-filing notice fits this ongoing compliance narrative.
Key Terms
nasdaq listing rule 5250(c)(1) regulatory
form 10-k regulatory
nasdaq stock market llc regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
SHOUGUANG, China, April 27, 2026 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources,” “we,” or the “Company”), a leading manufacturer of bromine and crude salt in China, today announced that it received a delinquency notification letter (the “Notice”) from the Listing Qualification Staff (the “Staff”) of the Nasdaq Stock Market LLC ("Nasdaq") on April 23, 2026 due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the period ended December 31, 2025 (the “Filing”). The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.
This Notice has no immediate effect on the listing of the Company’s securities on Nasdaq.
The Notice provides that the Company has 60 calendar days to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 calendar days from the Filing’s due date, or until October 12, 2026 to regain compliance. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.
The Company is working diligently to complete its Form 10-K.
This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.
About Gulf Resources, Inc.
Gulf Resources, Inc. operates through three wholly-owned subsidiaries, Shouguang City Haoyuan Chemical Company Limited (“SCHC”), Daying County Haoyuan Chemical Company Limited (“DCHC”) and Shouguang Hengde Salt Industry Co. Ltd. (“SHSI”). The Company believes that it is one of the largest producers of bromine in China. Elemental Bromine is used to manufacture a wide variety of compounds utilized in industry and agriculture. Through SYCI, the Company manufactures chemical products utilized in a variety of applications, including oil and gas field explorations and papermaking chemical agents, and materials for human and animal antibiotics. Through SHSI, the Company manufactures and sells crude salt. DCHC was established to further explore and develop natural gas and brine resources (including bromine and crude salt) in China. For more information, visit www.gulfresourcesinc.com.
Forward-Looking Statements
This press release contains forward-looking statements concerning our expectations, anticipations, intentions, beliefs, or strategies regarding the future. These forward-looking statements are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially from those anticipated. Therefore, you should not place undue reliance on forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding plans with respect to the timing and impact of the Reverse Stock Split; our strategic plans and value; our expectations regarding potential commercial opportunities; and our strategies, positioning and expectations for future events or performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption “Risk Factors.” Any forward-looking statement in this release speaks only as of the date of this release. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
CONTACT: Gulf Resources, Inc. Web: http://www.gulfresourcesinc.com Director of Investor Relations Helen Xu beishengrong@vip.163.com