MDJM closed a registered direct offering of 702,858 Class A ordinary shares at $3.55 per share on March 2, 2026, raising approximately $2.17 million in net proceeds. This followed an underwritten follow-on offering on February 11, 2026, which generated roughly $5.44 million in net proceeds from the sale of 122,286 units at $49.00 each. The company also completed the acquisition of a 75% equity interest in Mirai Co., Ltd., a Japan-based trading subsidiary, in June 2026. These capital raises and strategic expansion contributed to total current assets reaching $30.8 million as of June 30, 2026. MDJM operates in the real estate services industry with hotel management operations in the UK and product trading activities in Japan.
