-+ 0.00%
-+ 0.00%
-+ 0.00%

JBDI Holdings effects 1-for-2 reverse stock split on June 25

PUBT·06/16/2026 14:45:14
Listen to the news
JBDI Holdings effects 1-for-2 reverse stock split on June 25
  • JBDI Holdings will execute a 1-for-2 reverse stock split, effective about June 25, 2026.
  • Ordinary shares are set to trade split-adjusted on Nasdaq under JBDI at the next open following the effective date.
  • Issued shares will fall to about 9,514,532 from 19,029,064; treasury shares to 379,218 from 758,436.
  • Fractional shares will be rounded up; par value will rise to USD 0.001 from USD 0.0005.
  • Move targets Nasdaq listing compliance, supports a higher share price.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBDI Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606161045PRIMZONEFULLFEED9747815) on June 16, 2026, and is solely responsible for the information contained therein.