Gulf Resources, Inc. Receives NASDAQ Notice to Late Filing of Its Quarterly Report
Rhea-AI Summary
Gulf Resources (Nasdaq:GURE) received a Nasdaq delinquency notice dated May 26, 2026 for failing to timely file its Q1 2026 Form 10-Q. The company remains delinquent on its 2025 Form 10-K. There is no immediate impact on the Nasdaq listing.
The company must submit a compliance plan by June 22, 2026. If accepted, Nasdaq may allow until October 12, 2026 to regain compliance. Gulf Resources says it is working diligently to complete both filings.
Positive
- Current Nasdaq delinquency notice has no immediate effect on GURE listing status
- Nasdaq may grant up to 180 days, until October 12, 2026, to regain compliance if plan is accepted
Negative
- Company is delinquent on 2025 Form 10-K and Q1 2026 Form 10-Q filings
- Must submit a Nasdaq compliance plan for delinquent reports by June 22, 2026
- Listing compliance remains under Nasdaq review, with potential need for a Hearings Panel appeal
News Market Reaction – GURE
In the Jun 1 session, GURE declined 12.50%, reflecting a significant negative market reaction. Argus tracked a peak move of +4.7% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 27 | Nasdaq delinquency notice | Negative | -5.5% | Nasdaq notice for late 2025 Form 10-K filing and compliance plan timeline. |
| Apr 16 | 10-K delay explanation | Negative | -5.7% | Company detailed 2025 Form 10-K delay due to SEC-driven accounting adjustments. |
| Dec 02 | Compliance regained | Positive | +63.5% | Announcement of regaining compliance with Nasdaq minimum bid price requirements. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Nasdaq compliance-related headlines previously aligned with sharp price moves, both negative on delay notices and strongly positive on regaining compliance.
Over the last six months, Gulf Resources’ key news flow has centered on Nasdaq listing compliance and SEC-related reporting delays. On April 16, 2026, it explained delays in the 2025 Form 10-K, followed by a Nasdaq delinquency notice on April 23, 2026, with shares falling after both updates. Earlier, on December 2, 2025, the company announced it had regained compliance with Nasdaq Listing Rule 5550(a)(2), which coincided with a strong positive price reaction. Today’s late 10-Q notice extends this compliance narrative.
Key Terms
form 10-q regulatory
form 10-k regulatory
nasdaq listing rule 5250(c)(1) regulatory
nasdaq hearings panel regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
SHOUGUANG, China, May 29, 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 May 26, 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 quarterly report on Form 10-Q for the period ended March 31, 2026 (the “Form 10-Q”). 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.
As previously disclosed in the press release distributed by the Company on April 27, 2026, the Company received a delinquency notification letter on April 23, 2026 due to the Company’s non-compliance with Listing Rule as a result of the Company’s failure to timely file its Annual Report on Form 10-K (the “Form 10-K”) for the period ended December 31, 2025 (the “Initial Delinquent Filing”). As of the date of this press release, the Company remains delinquent in filing its Annual Report on Form 10-K. The Company must submit a plan to regain compliance with respect to these delinquent reports no later than June 22, 2026. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 calendar days from the due date of the Initial Delinquent Filing, 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 and Form 10-Q.
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 SHSI, the Company 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