JBDI Holdings Completes $900 Million Acquisition of Glorian Capital

• JBDI Holdings completed its $900 million acquisition of 100% of Glorian Capital on November 4, 2026.
• Payment consisted entirely of senior unsecured perpetual zero coupon convertible promissory notes; no cash was paid or payable.
• The notes carry no ordinary interest or fixed maturity date, with a conversion price of $1 per share.
• Conversions are subject to a 40% aggregate voting interest cap for the sellers.
• Glorian owns London-based Flicknmix, which develops and operates ZYMIX, an AI-native social networking and digital lifestyle platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBDI Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-049895), on November 04, 2026, and is solely responsible for the information contained therein.