JBDI Holdings Announces Receipt of Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

JBDI Holdings (Nasdaq: JBDI) received a Nasdaq notice dated Jan 7, 2026 saying its ordinary shares failed to maintain a minimum bid price of $1.00 over 30 consecutive business days, triggering a compliance period.

Rhea-AI Summary

JBDI Holdings (Nasdaq: JBDI) received a Nasdaq notice dated Jan 7, 2026 saying its ordinary shares failed to maintain a minimum bid price of $1.00 over 30 consecutive business days, triggering a compliance period.

There is no immediate delisting and trading continues. The company has 180 days to regain compliance, until July 6, 2026; compliance is achieved if the share price is at least $1.00 for 10 consecutive business days. If not cured, the company may request an additional 180-day period by meeting other listing standards and notifying Nasdaq, potentially via a reverse stock split.

Positive

• No immediate delisting; shares continue trading under JBDI
• Company granted a 180-calendar-day compliance period until July 6, 2026

Negative

• Ordinary shares failed to meet the $1.00 minimum bid-price requirement
• Failure to cure by July 6, 2026 could lead to delisting notice
• Potential reverse stock split may be required, affecting shareholder capital structure

Argus Jan 14 session

+4.04% close to close Open Argus

Details

News Market Reaction – JBDI

On Jan 14, the day this news came out, JBDI closed 4.04% above the previous close.

Data tracked by StockTitan Argus for the Jan 14 session.

Key Figures

Minimum bid price: $1.00 Non-compliance period: 30 consecutive business days Initial compliance window: 180 calendar days +3 more

Minimum bid price

$1.00

Nasdaq Listing Rule 5550(a)(2) requirement

Non-compliance period

30 consecutive business days

Period below $1.00 triggering Nasdaq notice

Initial compliance window

180 calendar days

Period to regain bid price compliance to July 6, 2026

Compliance deadline

July 6, 2026

End of initial 180-day bid price remediation period

Cure requirement

10 consecutive business days

Shares at or above $1.00 to close deficiency

Additional window

180 calendar days

Potential second compliance period if conditions met

Historical Context

1 past event · Latest: Oct 15

1 event

1. Oct 15

   Earnings results

   24h Move

   -12.3%

   Full-year 2025 results showed lower revenue and wider net loss.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

minimum bid price, nasdaq capital market, reverse stock split, publicly held shares

4 terms

minimum bid price regulatory

"failed to maintain a minimum bid price of $1.00 over the last 30"

The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.

nasdaq capital market regulatory

"trading of the Company’s ordinary shares on the Nasdaq Capital Market under"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

reverse stock split financial

"its intention to cure the deficiency during the second compliance period, by effective a reverse stock split,"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

publicly held shares financial

"meet the continued listing requirement for market value of publicly held shares and"

Shares that are publicly held are portions of a company that any investor can buy or sell on public markets, like slices of a pie owned by many people rather than a few insiders. They matter because they determine how easy it is to trade the stock, influence company control through voting and can affect price swings and dividend payments as supply and demand change in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SINGAPORE, Jan. 14, 2026 (GLOBE NEWSWIRE) -- JBDI Holdings Limited (“JBDI” or the “Company”) (Nasdaq: JBDI), today announced that it has received a written notification dated January 7, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the “Nasdaq Notification”). The Notification stated that the Company’s ordinary shares failed to maintain a minimum bid price of $1.00 over the last 30 consecutive business days as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Receipt of the Nasdaq Notification does not result in the immediate delisting of the Company’s ordinary shares and has no immediate effect on the listing or the trading of the Company’s ordinary shares on the Nasdaq Capital Market under the symbol “JBDI”.

In accordance with Listing Rule 5810(c)(3)(C), the Company is provided 180 calendar days, or until July 6, 2026 to regain compliance with the Rule

The Determination Letter stated:

“If at any time during this compliance period, the Company’s security is at least $1 for a minimum of ten consecutive business days, [the staff] will provide the Company written confirmation of compliance and the matter will be closed..”

The Nadsaq Notification further provides that in the event the Company does not regain compliance with the Rule prior to the expiration of the compliance period of July 6, 2026, it may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effective a reverse stock split, if necessary. If the Company meets these requirements, [the staff] will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to [the staff] that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, [the staff] will provide notice that its securities will be subject to delisting.

“We are cognizant of the value to our shareholders of the listing of our shares on Nasdaq given the liquidity and pricing efficiency that the exchange provides. We pledge our best efforts towards improved performance which we believe will allow us to meet the continued listing standards,” stated Mr. Lim Chwee Poh, the Chief Executive Officer and an Executive Director.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About JBDI Holdings Limited

JBDI Holdings Limited is a leading provider of environmentally friendly and efficient products and services, specializing in the revitalization, reconditioning, and recycling of drums and related containers in Singapore and across Southeast Asia. With nearly four decades of industry experience, JBDI Holdings has established a strong reputation for quality and reliability, offering a wide range of reconditioned steel and plastic drums, new containers, and ancillary services. Our mission is to help our customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs. For more information, please visit http://jbdi.barrels.com.sg/

Safe Harbor Statement

This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under “Risk Factors,” may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.

Company Contact:

Zhaorong Liang Tel: +65 6861 4150 Email: Zhaorong.liang@eugroup.com.sg

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did JBDI (Nasdaq: JBDI) announce on January 14, 2026 about Nasdaq listing status?

JBDI announced receipt of a Nasdaq notice (dated Jan 7, 2026) for failing to maintain a $1.00 minimum bid price, triggering a 180-day compliance period.

Will JBDI shares be delisted immediately after the Nasdaq notice?

No. The notice does not result in immediate delisting and shares continue trading on Nasdaq under JBDI.

How can JBDI regain compliance with Nasdaq's minimum bid rule?

Regain compliance if the share price is at least $1.00 for a minimum of 10 consecutive business days within the compliance period.

When is JBDI's compliance period deadline with Nasdaq?

The initial compliance period runs for 180 calendar days and expires on July 6, 2026.

Can JBDI get more time if it misses the July 6, 2026 deadline?

Possibly. The company may be eligible for an additional 180-day period if it meets other listing standards and notifies Nasdaq, potentially by effecting a reverse stock split.

What does a reverse stock split mean for JBDI shareholders?

A reverse stock split would consolidate shares to raise the per-share price; it changes share count and price per share and may affect liquidity and trading float.