JBDI Holdings effects 1-for-2 reverse stock split effective June 29

• JBDI Holdings will implement a 1-for-2 reverse stock split, effective June 29, 2026.
• Ordinary shares are set to trade split-adjusted on Nasdaq from the open on June 30 under ticker JBDI.
• Action targets compliance with Nasdaq Listing Rule 5550(a)(2).
• Issued and outstanding ordinary shares to fall to about 9,514,532 from 19,029,064; treasury shares to drop to 379,218 from 758,436.
• No fractional shares to be issued; resulting fractions to be rounded up at the participant level.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-029728), on June 23, 2026, and is solely responsible for the information contained therein.