Gulf resources announces receipt of nasdaq non-compliance notice
Shouguang, china, aug. 22, 2024 (globe newswire) -- gulf resources, inc. (nasdaq: gure) (“gulf resources” or the “company”), a leading manufacturer of bromine, crude salt and specialty chemical products in china, today announced that on august 20, 2024, it received a notice (the “notice”) from the listing qualifications department of the nasdaq stock market llc (“nasdaq”) notifying the company that due to the company's failure to timely file its quarterly report on form 10-q for the period ended june 30, 2024, with the securities and exchange commission (the “sec”), the company is not in compliance with nasdaq's continued listing requirements under nasdaq listing rule 5250(c)(1) (the “rule”), which requires the timely filing of all required periodic reports with the sec. the notice indicates that as a result of this additional delinquency, the company must submit an update to its original plan to regain compliance with respect to the filing requirements. the company has until september 4, 2024 to submit such update to nasdaq.
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