Mergers & Acquisitions ·
On September 14, 2026, JBDI Holdings Limited entered into a stock purchase agreement to acquire the entire issued…
JBDIJBDI Holdings Ltd
On September 14, 2026, JBDI Holdings Limited entered into a stock purchase agreement to acquire the entire issued share capital of Club Versante Group Limited for an aggregate consideration of $20,000,000. The transaction will be settled by issuing unsecured convertible promissory notes with no fixed maturity date, which are convertible at $1.00 per ordinary share subject to a 9.99% beneficial ownership limitation. Closing is contingent on Nasdaq approval and is expected within one month of signing. JBDI Holdings Limited operates in the investment holding industry.