JBDI Holdings Limited Ordinary Shares

JBDI Holdings Limited announced it has regained compliance with Nasdaq's minimum bid price requirement, avoiding a delisting that was scheduled for July 20, 2026. The company received a determination letter on July 9, 2026, stating it had not met the $1 per share bid price rule within the initial 180-day period and was ineligible for a second grace period, with trading suspension set for July 20. However, on July 15, 2026, Nasdaq issued a notice of compliance confirming the company now meets Listing Rule 5550(a)(2), and the matter is closed. JBDI's ordinary shares will continue trading on the Nasdaq Capital Market under the symbol JBDI.