Gulf Resources Implements 1-for-10 Reverse Stock Split for Nasdaq Compliance

GULF RESOURCES, INC. (NASDAQ:GURE) will implement a one-for-ten (1:10) reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on October 27, 2025.

The company's common stock is expected to begin trading on a split-adjusted basis on The Nasdaq Capital Market under the symbol GURE when the market opens on Monday, October 27, 2025. The Reverse Stock Split is intended to increase the bid price of the common stock to enable the company to regain compliance with Nasdaq's minimum bid price requirement for continued listing. Stockholders authorized the reverse stock split at the company's annual meeting on September 9, 2025. The Board of Directors determined the final 1:10 ratio on October 10, 2025.

As a result, every ten shares of common stock issued and outstanding immediately prior to the effective time will automatically be reclassified into one new share. This will reduce the number of outstanding shares from approximately 13.63 million to approximately 1.36 million. The par value of $0.0005 per share and the total number of authorized shares of common stock will remain unchanged. Stockholders who would otherwise be entitled to receive a fractional share will instead have their shares rounded up to the nearest whole number. The new CUSIP number for the common stock following the Reverse Stock Split will be 40251W507.