SINGAPORE, January 14, 2026 — 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 past 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Receiving the Nasdaq Notification does not result in the immediate delisting of the Company’s ordinary shares and has no immediate impact on the listing or trading of the Company’s ordinary shares on the Nasdaq Capital Market under the symbol “JBDI.”
Under Listing Rule 5810(c)(3)(C), the Company has been granted 180 calendar days—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 Nasdaq Notification further outlines that if the Company does not regain compliance with the rule before the July 6, 2026 expiration of the compliance period, it may be eligible for additional time. To qualify, the Company must meet the continued listing requirement for the market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market—excluding the bid price requirement—and must submit written notice of its intent to remedy the deficiency during the second compliance period, including effecting a reverse stock split if necessary. If the Company meets these criteria, [the staff] will inform the Company that an additional 180 calendar days have been approved. However, if [the staff] determines the Company will not be able to correct the deficiency, or if the Company is otherwise ineligible, [the staff] will issue notice that its securities will be subject to delisting.
“We recognize the value to our shareholders of having our shares listed on Nasdaq, given the liquidity and pricing efficiency the exchange provides. We are committed to putting forth our best efforts to improve performance, which we believe will enable us to meet the continued listing standards,” stated Mr. Lim Chwee Poh, Chief Executive Officer and Executive Director of JBDI.
This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that 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 built 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 customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs. For more information, please visit
Safe Harbor Statement
This press release contains forward-looking statements that reflect our current expectations and views on 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 differ materially from those expressed or implied by these forward-looking statements. These forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue,” or similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events we believe may impact 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 publicly update or revise any forward-looking statements, whether due to new information, future events, or other reasons, after the date the statements are made or to reflect unanticipated events. All of our forward-looking statements are qualified by these cautionary notes.
Company Contact:
Zhaorong Liang Tel: +65 6861 4150 Email:
