Gulf Resources transfers to Nasdaq Capital Market; gets second 180-day bid price cure period until Nov 3, 2025

GULF RESOURCES, INC.

Transfer from Global Select to Capital Market effective May 8, 2025; stock continues trading under GURE.
Second 180-day compliance period until November 3, 2025 to regain $1.00 minimum bid price.
Company must show closing bid of $1.00+ for 10 consecutive business days to regain compliance.
Intends to cure deficiency via reverse stock split if necessary; delisting possible if not compliant.
Staff will notify of delisting if non-compliant by Nov 3; Company may appeal to Nasdaq Hearings Panel.

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