JBDI Holdings announces Nasdaq non-compliance letter

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JBDI Holdings ( NASDAQ: JBDI ) received a notification from Nasdaq stating it doesn't meet the $1.00 minimum bid price requirement for continued listing. The company has 180 days, or until June 10, 2025, to regain compliance with the minimum bid price requirements.

The company may consider implementing available options to regain compliance with the minimum bid price requirement, including a reverse stock split. Source: Press Release More on JBDI Holdings Limited JBDI Holdings resolves Nasdaq compliance deficiency notice following filing of delayed Form 20-F Financial information for JBDI Holdings Limited.