Company: GURE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001193805-25-001184
Chunk: 109

Company: GULF RESOURCES, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1A
Chunk 109
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Item 1A. Risk Factors

Investing in our common stock involves a high degree of risk. Before
you invest you should carefully review our Management’s Discussion and Analysis of Financial Condition and Results of Operations
set forth in Item 2 of Part I of this Quarterly Report on Form 10-Q, our consolidated financial statements and related notes included
in Item 1 of Part I of this Quarterly Report on Form 10-Q and our consolidated financial statements and related notes, as well as our
Management’s Discussion and Analysis of Financial Condition and Results of Operations and the other information in our Annual Report
on Form 10-K for the fiscal year ended December 31, 2024. Readers should carefully review risks described in other documents we file from
time to time with the Securities and Exchange Commission.

We are currently not in compliance with the Nasdaq continued
listing requirements. If we are unable to regain compliance with Nasdaq’s listing requirements, our securities could be delisted,
which could affect our common stock’s market price and liquidity and reduce our ability to raise capital.

On May 6, 2025, the Company was notified by the Listing Qualifications
Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Staff granted the Company’s request
to transfer the listing of its common stock, par value $0.0005 per share (the “Common Shares”), from The Nasdaq Global Select
Market tier to The Nasdaq Capital Market tier, and that the Staff granted the Company’s request for a second 180-calendar day period,
or until November 3, 2025 (the “Second Compliance Period”), to regain compliance with the $1.00 bid price requirement, as
set forth in Nasdaq Listing Rule 5550(a)(2). To regain compliance with such minimum price requirement, the Company must evidence a closing
bid price of at least $1.00 per share for a minimum of 10 consecutive business days. The transfer of the listing of the Common Shares
from The Nasdaq Global Select Market to The Nasdaq Capital Market took effect with the open of business on May 8, 2025. The transfer is
not expected to impact trading in the Common Shares, which will continue to trade on Nasdaq under the symbol “GURE.”

As previously announced, on November 5, 2024, the Staff notified the
Company that the bid price for the Common Shares had closed below $1.00 per share for 30