JBDI Holdings Announces Receipt of Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
JBDI Holdings Limited - Ordinary Shares (JBDI)
Company Research
Source: GlobeNewswire
SINGAPORE, Jan. 14, 2026 (GLOBE NEWSWIRE) -- JBDI Holdings Limited (“JBDI” or the “Company”) (Nasdaq: JBDI), today announced that it has received a written notification dated January 7, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the “Nasdaq Notification”). The Notification stated that the Company’s ordinary shares failed to maintain a minimum bid price of $1.00 over the last 30 consecutive business days as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Receipt of the Nasdaq Notification does not result in the immediate delisting of the Company’s ordinary shares and has no immediate effect on the listing or the trading of the Company’s ordinary shares on the Nasdaq Capital Market under the symbol “JBDI”. In accordance with Listing Rule 5810(c)(3)(C), the Company is provided 180 calendar days, or until July 6, 2026 to regain compliance with the Rule The Determination Letter stated: “If at any time during this c
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