JBDI Holdings regains compliance with Nasdaq

JBDI Holdings (JBDI) announced that as a consequence of not having filed its Annual Report on Form 20-F for the fiscal year ended September 30, prior to the filing deadline, the company received a deficiency notice from Nasdaq 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 SEC. The company filed its Form 20-F with the SEC and received a notice of compliance from Nasdaq with Nasdaq Listing Rule 5250(c)(1).