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An update from JBDI Holdings Limited ( (JBDI) ) is now available.
JBDI Holdings Limited recently addressed compliance issues with Nasdaq listing requirements. On June 3, 2025, the company received a notice from Nasdaq indicating it had regained compliance with the minimum bid price requirement, following a period where its shares failed to meet the $1.00 minimum bid price. Additionally, on June 5, 2025, JBDI filed its interim financial statements, resolving a previous deficiency notice regarding its filing obligations. Consequently, the company is now in full compliance with Nasdaq’s listing rules, ensuring the continued listing of its shares on the Nasdaq Capital Market.
More 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.
Average Trading Volume: 545,671
Technical Sentiment Signal: Strong Buy
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