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.

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.

JBDI Holdings Limited (Nasdaq: JBDI) received a Nasdaq delisting notice due to its bid price falling below $1.00 for 30 consecutive business days. To regain compliance with Nasdaq Listing Rule 5550(a)(2), the company announced a 1-for-2 reverse stock split effective on or about June 25, 2026. JBDI Holdings Limited is a Cayman Islands exempted company operating in the technology and investment sectors.

JBDI Holdings Limited held its Annual General Meeting of Members on May 28, 2026. Members approved a 1-for-2 reverse stock split, which the Board of Directors may elect to effect at any time within the following 12 months. The company elected Lim Chwee Poh, Liang Zhaorong, Han Yee Yen, Ng Siew Cher, and Lim Geok Peng as directors and ratified the appointment of OneStop Assurance PAC as its independent registered public accounting firm for the fiscal year ending May 31, 2026.