MDJM LTD Secures $2.5 Million in Direct Offering Amid Strategic Growth Plans

MDJM LTD Secures $2.5 Million in Registered Direct Offering

MDJM LTD (Nasdaq: UOKA), a leader in global cultural innovation, has recently announced the pricing for its registered direct offering, aimed at raising $2.5 million through the sale of 24,600,000 Class A ordinary shares. Offered at a price of $0.1015 per share, this strategic move is designed to bolster MDJM’s position as it continues to expand its cultural reach and operational capabilities.

The Offering Details

The company is working with institutional investors to facilitate this offering, with Maxim Group LLC acting as the sole placement agent. The gross proceeds, estimated at about $2.5 million, will be beneficial for MDJM as it embarks on various developmental projects. The offering is contingent upon customary closing conditions and is expected to finalize around March 2, 2026.

The registered direct offering falls under a shelf registration statement on Form F-3, which the U.S. Securities and Exchange Commission (SEC) declared effective on March 6, 2023. This allows MDJM to efficiently manage its capital needs while complying with regulatory standards.

Strategic Growth and Cultural Initiatives

MDJM LTD has outlined an ambitious global strategy that includes the development of cultural intellectual property, animation production, and international licensing. As part of its expansion efforts, the company is focusing on enhancing its operations in the UK, specifically through projects like Fernie Castle in Scotland and the Robin Hill Property in England. These venues are being transformed into multi-functional cultural centers designed to host fine dining experiences, hospitality, art exhibitions, and cultural exchange events.

In collaboration with the acclaimed architectural firm Kengo Kuma & Associates, MDJM plans a comprehensive renovation of Fernie Castle, integrating modern design with traditional elements to create a unique cultural experience. This reflects the company's commitment to blending Eastern and Western artistic traditions, thereby crafting narratives that resonate on a global scale.

Furthermore, MDJM is engaging with select European animation studios to produce animated short films. By merging East Asian themes with Western artistic styles, MDJM aims to create works that not only entertain but also educate and inspire audiences around the world. This endeavor aligns with their broader strategy of establishing a global cultural ecosystem founded on storytelling and immersive experiences.

Forward-Looking Statements

While the announcement demonstrates MDJM LTD's eagerness to grow, it also contains forward-looking statements that carry inherent risks and uncertainties. These include the successful completion of the offering, anticipated financial results, and possible impacts on the company’s overall strategy. Investors are encouraged to be cautious and to consider the company’s financial filings with the SEC for further insights into potential risks and market dynamics.

For those interested in learning more about MDJM LTD and its ongoing projects, details are available on their investor relations webpage at https://www.ir-uoka.com/. As MDJM navigates its path of innovation and expansion, the upcoming months will be pivotal in determining its success in the competitive global landscape.