Gulf Resources, Inc. (Nasdaq: GURE) announced today that it will implement a 1‑for‑10 reverse stock split of its common stock, effective at 12:01 a.m. Eastern time on October 27, 2025. The split will reduce the number of shares outstanding from approximately 13.63 million to about 1.36 million and will change the CUSIP to 40251W507. The move is intended to increase the bid price of the common stock and help the company regain compliance with the Nasdaq Capital Market’s minimum bid price requirement.
The reverse stock split will automatically reclassify every ten pre‑split shares into one new share, with fractional shares rounded up to the nearest whole number. Stockholders’ exercise prices and the number of shares underlying equity plans will be proportionally adjusted, but the par value of the common stock will remain unchanged. The company’s transfer agent, Equiniti Trust Company, LLC, will handle the exchange and notify shareholders of their new holdings.
By consolidating its share base, Gulf Resources aims to maintain its Nasdaq listing and preserve investor confidence. The action does not affect the company’s earnings, cash position, or operational strategy, but it is a necessary step to avoid potential delisting and to provide a more stable trading environment for shareholders. The reverse split is scheduled to take effect on October 27, 2025, with trading on the split‑adjusted basis beginning the following market open.
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