Gulf Resources Announces Receipt of Nasdaq Non-Compliance Notice
The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq.
- The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq.
- Under the Nasdaq rules, the Company has 60 calendar days, or until June 17, 2024, to file the 2023 Form 10-K or to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule.
- If the Company fails to timely regain compliance with Nasdaq Listing Rule 5250(c)(1), the Company’s common stock will be subject to delisting from Nasdaq.
- This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.