JBDI Holdings Ltd

On June 16, 2026, JBDI Holdings Limited announced that it will effect a share consolidation (“Reverse Stock Split”) of its Ordinary Shares at a ratio of 1-for-2 and that the Reverse Stock Split was expected to be effective on or about June 25, 2026, or as soon thereafter as practicable (the “Effective Date”).

The Reverse Stock Split will be effective on June 29, 2026. The Company’s Ordinary Shares will begin trading on a Reverse Stock Split adjusted basis on the Nasdaq Capital Market as of the open of trading on June 30, 2026 under the existing ticker symbol “JBDI.” The purpose of the Reverse Stock Split is to regain compliance with Nasdaq Listing Rule 5550(a)(2).

The Reverse Stock Split will decrease the Company’s issued and outstanding Ordinary Shares from 19,029,064 (plus 758,436 treasury shares) to approximately 9,514,532 Ordinary Shares (plus 379,218 treasury shares). The par value of the Ordinary Shares will be increased from $0.0005 to $0.001 per share.

No fractional shares will be issued as a result of the Reverse Stock Split. Any fractional shares resulting from the Reverse Stock Split will be rounded up to the nearest whole share at the participant level.