JBDI Holdings Ltd
For the period ended Jun 15, 2026. Filed Jun 17, 2026.
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Jun 15, 2026 · Filed Jun 17, 2026
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Press Release Announcing Reverse Stock Split
JBDI issued a press release on June 16, 2026 announcing that it will effect a share consolidation (“Reverse Stock Split”) of its Ordinary Shares at a ratio of 1-for-2, expected to be effective on or about June 25, 2026, or as soon thereafter as practicable (the “Effective Date”). The record date for the Reverse Stock Split has been set at June 25, 2026. The Company’s Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on the Nasdaq Capital Market as of the open of trading on the trading date next following the Effective Date under the existing ticker symbol “JBDI.” The purpose of the Reverse Stock Split is to regain compliance with Nasdaq Listing Rule 5550(a)(2).
A copy of the press release is attached hereto as Exhibit 99.2.
| Exhibits | |
|---|---|
| 99.1 | Letter dated January 7, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC |
| 99.2 | Press Release dated June 16, 2026 announcing Reverse Stock Split |
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