Gulf Resources, Inc. Declares Reverse Stock Split
Reverse Stock Split Announcement: Gulf Resources, Inc. will implement a 1-for-10 reverse stock split effective October 27, 2025, to increase its stock price and comply with Nasdaq listing requirements.
Impact on Shares: The reverse stock split will reduce the number of outstanding shares from approximately 13.63 million to about 1.36 million, with fractional shares rounded up to the nearest whole number.
Stockholder Notification: Stockholders will receive a transaction notice from the transfer agent, Equiniti Trust Company, LLC, indicating their new share count post-split, with no action required on their part.
Company Overview: Gulf Resources operates through four subsidiaries and is a major producer of bromine in China, with diverse chemical manufacturing applications in various industries.
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