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UOKA-News
UOKA-Events
MDJM Stock to Be Suspended from Trading on March 20, 2026
MDJM announced that the Company received a staff determination letter, on March 13, 2026, from the Listing Qualifications Department of The Nasdaq Stock Market, notifying the Company that, as the Company's securities had a closing bid price of $0.10 or less for 10 consecutive business days, its securities would be suspended effective with the open of trading on March 20, 2026. Because the Company effected a 1 for 25 reverse stock split on May 20, 2025,the Company is also subject to the provisions set forth in Nasdaq Listing Rule 5810(c)(3)(A)(iii) and Rule 5810(c)(3)(A)(iv). In addition, following the Nasdaq Listing Qualifications Panel's decision dated November 19, 2025, the Company is subject to a Discretionary Panel Monitor under Nasdaq Listing Rule 5815(d)(4)(A) for a period of one year. The Company intends to timely request a hearing before an independent Hearings Panel
MDJM Enters Script Refinement Phase for Animated Short Film Project with H5
MDJM announced that the development of its animated short film project in collaboration with creative studio H5 has recently entered an intensive script refinement phase, marking a significant step forward in the artistic development of the film. The project, currently in production development, is part of MDJM's broader initiative to create original animation works through collaborations with leading international creative studios. "The ongoing dialogue between the two teams reflects a shared commitment to crafting a work of high artistic ambition and philosophical depth," the company said.
MDJM Ltd Files $70M Mixed Securities Shelf
MDJM Ltd files $70M mixed securities shelf
MDJM Completes $8.5M Financing to Advance Global Animation Projects
MDJM Ltd announced that it has completed two offerings totaling an aggregate of approximately $8.5M in February and March to advance its global animation production and cultural infrastructure initiatives. On February 11, the company closed an upsized public offering, raising gross proceeds of approximately $6M, before deducting underwriting discounts and other offering expenses. On March 2, the company completed a registered direct offering, raising gross proceeds of approximately $2.5M, before deducting the placement agent's fees and other estimated offering expenses payable by the company. An estimated 50% of the combined funding will support international animation collaborations and the continued development of the company's cultural project centered around Fernie Castle in Scotland.
Maxim Group Acts as Sole Book-Running Manager
Maxim Group is acting as sole book-running manager in connection with the offering.
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