JBDI

SINGAPORE, June 16, 2026 (GLOBE NEWSWIRE) -- JBDI Holdings Limited (“JBDI” or the “Company”) (Nasdaq: JBDI) today announced that it will effect a share consolidation (the “Reverse Stock Split”) of its Ordinary Shares at a ratio of 1-for-2. The Reverse Stock Split is expected to be effective on or about June 25, 2026, or as soon thereafter as practicable, (the “Effective Date”) for holders of record of the Company's Ordinary Shares as of the close of business (ET) on June 25, 2026 (the “Record Date”). The Company's Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on the Nasdaq Capital Market (“Nasdaq”) as of the open of trading on the trading day next following the Effective Date under the existing ticker symbol “JBDI.”

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of JBDI Holdings Ltd. (NASDAQ: JBDI) resulting from allegations that JBDI Holdings may have issued materially misleading business information to the investing public. So what: If you purchased JBDI Holdings securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee a.