02:22 PM EST, 01/14/2026 (MT Newswires) -- JBDI ( JBDI ) said late Wednesday it received a letter from Nasdaq notifying the company that it is not in compliance with a listing rule requiring a minimum bid price of $1 per share.

The company was notified after its closing bid price remained below $1 for 30 consecutive business days. The notice has no immediate effect on its Nasdaq listing.

JBDI ( JBDI ) has until July 6 to regain compliance and is evaluating options to do so, potentially through a reverse stock split, according to the filing.

Shares of the company were up 4% in recent trading.

Price: 0.70, Change: +0.03, Percent Change: +4.04