#United Kingdom #Asset Management #MDJM LTD #UOKA #Letham

MDJM LTD Announces New Ticker Symbol: 'UOKA'

MDJM LTD, an integrated global culture-driven asset management firm, is set to make a significant change that reflects its strategic vision and core values. Effective December 3, 2024, the company will transition its ticker symbol from 'MDJH' to 'UOKA' on the Nasdaq Capital Market. This move is designed to align its market identity with its mission to foster cultural exchange and sustainable growth on a global scale.

The new ticker symbol, 'UOKA,' resonates with the company’s philosophical inspirations, particularly the Eastern concept of the 'Unity of Knowledge and Action' first articulated by the Ming Dynasty philosopher, Yangming Wang. This idea posits a deep connection between insight and practice, emphasizing that true understanding manifests through action that is informed by knowledge. For MDJM, this principle underlines its commitment to embedding ethical and cultural values in its extensive global operations.

Chairman and CEO Siping Xu expressed enthusiasm about the upcoming change, stating, “We are pleased to announce the adoption of our new ticker symbol, 'UOKA'. This change marks an important step in aligning our market identity with the Company’s dedication to fostering cultural exchange, innovation, and sustainable growth.”

For shareholders, there are no immediate actions required regarding this change. The company’s ordinary shares will continue trading under the Nasdaq Capital Market, with the CUSIP number remaining the same, ensuring a smooth transition.

About MDJM LTD

MDJM LTD is not just an asset management company; it is a global player focused on transforming historical properties into vibrant cultural hubs that elegantly merge modern digital technology with rich historical significance. The company plans to significantly broaden its footprint, particularly in the UK, with ambitious projects like the restoration of Fernie Castle in Scotland and the Robin Hill Property in England. These venues are envisioned as multifunctional cultural spaces, providing fine dining, hospitality, art exhibitions, and cultural exchange events.

The overarching goal is to establish MDJM as a nexus for artisan exchanges, art shows, and sales, leveraging its historical settings to promote both Eastern and Western cultural arts. This initiative is integral to the company's strategy to solidify its position in a rapidly evolving global market.

Future Directions

Looking ahead, MDJM's strategic alignment with the 'UOKA' brand promises to encompass innovative projects and cultural initiatives, further bridging diverse cultures and fostering understanding in an increasingly interconnected world. As MDJM progresses on this upward trajectory, it opens the door to new partnerships and projects that can enrich cultural dialogue and heritage preservation, cementing its place as a leader in the asset management field.

This ticker symbol change serves as a turning point, paving the way for MDJM LTD’s future endeavors. For ongoing updates and more information about its projects, consider visiting their official investor relations page at MDJM LTD Investor Relations.

Forward-Looking Statements

The announcement contains forward-looking statements that include projections and expectations regarding the company's performance and strategic directions. While MDJM LTD believes these statements to be realistic, there are always inherent risks involved that may lead to actual outcomes differing from anticipated results. Investors are encouraged to stay informed through MDJM's annual reports and other regulatory filings to properly assess the ongoing developments of this innovative company.