- JBDI Holdings (NASDAQ:JBDI) received a notification from Nasdaq stating it doesn’t meet the $1.00 minimum bid price requirement for continued listing.
- The company has 180 days, or until June 10, 2025, to regain compliance with the minimum bid price requirements.
- The company may consider implementing available options to regain compliance with the minimum bid price requirement, including a reverse stock split.
- Source:Â Press Release