Gulf Resources Offers Update on Nasdaq Hearing Proceedings
Update on Delisting Appeal: Gulf Resources has received a hearing notification from Nasdaq for an oral hearing scheduled on December 9, 2025, regarding its delisting determination.
Stock Performance: Following a 1-for-10 reverse stock split effective October 27, 2025, the company's common stock has maintained a closing bid price above $1.00 for over ten consecutive trading days as of November 10, 2025.
Request to Cancel Hearing: The company has requested to cancel the scheduled hearing, believing it has regained compliance with Nasdaq's minimum bid price requirement.
Pending Confirmation: The cancellation request is subject to review and confirmation by the Company's Listing Analyst.
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Meihua International Medical Technologies, Fly-E Group, and Other Major Stocks Decline in Pre-Market Trading on Monday
U.S. Stock Futures: U.S. stock futures showed mixed results, with Dow futures down approximately 0.1% on Monday morning.
Meihua International Medical Technologies: Shares of Meihua International Medical Technologies fell 32.9% in pre-market trading after the announcement of its delisting from Nasdaq.
Other Notable Stock Movements: Several other stocks experienced significant declines in pre-market trading, including SMX down 17.2%, Gulf Resources down 16.1%, and Wheeler Real Estate down 16.1%.
Market Reactions: The market saw various stocks decline after previous gains, with Fly-E Group and Ecarx Holdings also reporting notable drops due to regulatory issues and market fluctuations.
Confluent Shares Surge Nearly 32%; Check Out 20 Stocks Making Moves in Premarket Trading
Confluent Acquisition Talks: IBM is reportedly in advanced discussions to acquire Confluent Inc for approximately $11 billion, leading to a 31.8% rise in Confluent's shares during pre-market trading.
Pre-Market Stock Movements: Several stocks saw significant gains in pre-market trading, including Treasure Global Inc (+128%), Cemtrex Inc (+106.8%), and Fulcrum Therapeutics Inc (+40.4%).
Notable Stock Declines: Stocks that experienced declines include Polyrizon Ltd (-22.1%), Inspire Veterinary Partners Inc (-19.1%), and Gauzy Ltd (-19.1%).
Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting both gainers and losers, along with their respective percentage changes.
