Dividends & Buybacks ·
JBDI Holdings Limited announced a 1-for-2 reverse stock split of its Ordinary Shares to regain compliance with Nasdaq…
JBDIJBDI Holdings Ltd
JBDI Holdings Limited announced a 1-for-2 reverse stock split of its Ordinary Shares to regain compliance with Nasdaq Listing Rule 5550(a)(2). The consolidation will reduce issued and outstanding shares from 19,029,064 to approximately 9,514,532, while increasing par value from $0.0005 to $0.001. The split is effective June 29, 2026, with adjusted trading on the Nasdaq Capital Market beginning June 30, 2026. Fractional shares will be rounded up to the nearest whole share. JBDI Holdings Limited is a holding company based in Singapore.