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Gulf Resources Announces Receipt of Nasdaq Non-Compliance Notice

Gulf Resources Announces Receipt of Nasdaq Non-Compliance Notice

海灣資源宣佈收到納斯達克違規通知
GlobeNewswire ·  05/23 04:30

SHOUGUANG, China, May  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 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 fiscal quarter ended March 31, 2024 (the "Form 10-Q"), 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.

中國壽光,2024年5月22日(GLOBE NEWSWIRE)——中國領先的溴、原鹽和特種化學品製造商海灣資源公司(納斯達克股票代碼:GURE)(“海灣資源” 或 “公司”)今天宣佈,它收到了納斯達克股票市場有限責任公司(“納斯達克”)上市資格部門的通知(“通知”),通知公司,由於該公司未能及時向美國證券交易委員會提交截至2024年3月31日的財政季度的10-Q表季度報告(“10-Q表格”)(“SEC”),該公司沒有遵守納斯達克上市規則5250(c)(1)(“規則”)下的納斯達克持續上市要求,該規則要求及時向美國證券交易委員會提交所有必要的定期報告。

As previously disclosed on a Current Report on Form 8-K of the Company filed on April 19, 2024, the Company received a notice (the "Initial Notice") from Nasdaq on April 18, 2024 notifying the Company that due to the Company's failure (the "Initial Delinquent Filing") to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the "Form 10-K"), with the SEC, the Company is not in compliance with the Rule.

正如先前在2024年4月19日提交的公司8-K表最新報告中披露的那樣,公司於2024年4月18日收到納斯達克的通知(“初始通知”),通知公司,由於公司未能及時向美國證券交易委員會提交截至2023年12月31日財年的10-K表年度報告(“10-K表格”),不符合規則。

The Notice states that the Company has until June 17, 2024 to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to October 14, 2024, or 180 days from the due date of the Initial Delinquent Filing, for filing the Form 10-K and the Form 10-Q to regain compliance. 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.

該通知指出,公司必須在2024年6月17日之前向納斯達克提交恢復遵守納斯達克上市規則的計劃。如果納斯達克接受公司的計劃,那麼納斯達克可能會批准該公司在2024年10月14日之前或自首次拖欠申報到期日起180天內提交10-K表格和10-Q表格,以恢復合規。如果公司未能及時恢復遵守納斯達克上市規則5250(c)(1),則該公司的普通股將被從納斯達克退市。

The Company continues to work diligently to complete the Form 10-K and the Form 10-Q.

公司繼續努力完成10-K表格和10-Q表格。

This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.

本公告是根據納斯達克上市規則5810(b)發佈的,該規則要求立即披露收到的缺陷通知。

譯文內容由第三人軟體翻譯。


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