JBDI HOLDINGS LIMITED RESOLVES NASDAQ COMPLIANCE DEFICIENCY NOTICE FOLLOWING FILING OF DELAYED FORM 20-F
October 21 2024 - 3:30PM
JBDI Holdings Limited (Nasdaq: JBDI) announces that on October 17,
2024, as a consequence of not having filed its Annual Report on
Form 20-F for the fiscal year ended September 30, 2024 prior
to the filing deadline, the Company received a deficiency notice
from The Nasdaq Stock Market, LLC confirming that it was
not in compliance with Nasdaq Listing Rule 5250(c)(1), which
requires timely filing of all required periodic financial reports
with the U.S. Securities and Exchange Commission (“SEC”).
On October 18, 2024 the Company filed its Form
20-F with the SEC and on October 21, 2024 received a notice of
compliance from NASDAQ with Nasdaq Listing Rule 5250(c)(1).
About JBDI Holdings LimitedJBDI
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.
Investor Relations Contact:Matthew Abenante,
IRCPresidentStrategic Investor Relations, LLCTel:
347-947-2093Email: matthew@strategic-ir.com
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