Recent Updates — UOKA

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.

On September 1, 2026, Mengnan Wang resigned as Chief Financial Officer for personal reasons, with no disagreements regarding operations or policies. The board appointed Bo Wang, a current director and certified public accountant with over ten years of experience in auditing and financial management, to succeed him effective the same date. Mr. Wang will not receive additional compensation for this role. MDJM Ltd operates in the education sector.

MDJM Ltd received final confirmation from Nasdaq that its Class A ordinary shares will be delisted. The Nasdaq Hearings Panel initially denied reinstatement on May 14, 2026, and the Listing Council affirmed this decision on July 28, 2026. On August 12, 2026, the Nasdaq Board of Directors declined to review the appeal, making the delisting final under Nasdaq Listing Rule 5830. The company's shares are currently quoted on the OTCQB Venture Market under the ticker symbol UOKAF. MDJM Ltd operates in the digital health technology sector, providing remote patient monitoring and chronic disease management solutions.

MDJM LTD adopted the 2026 Second Equity Incentive Plan on July 15, 2026, reserving 200,000 Class A and 200,000 Class B ordinary shares for issuance. The Board also approved the issuance of 400,000 ordinary shares to employees, including 200,000 Class B shares to CEO Siping Xu, resulting in his control of approximately 89.71% of the aggregate voting power. MDJM LTD is an exempted company incorporated in the Cayman Islands that provides various share-based awards to service providers and employees.

MDJM LTD completed the acquisition of a 75% equity interest in Mirai Co., Ltd. on June 11, 2026. As part of the transaction, the Company joined the Share Purchase Agreement via Amendment No. 1 to satisfy the third installment of the purchase price through the issuance of 730,000 newly issued Class A ordinary shares at a deemed issuance price of $0.575 per share. The amendment also includes a special tax audit undertaking and indemnity from the Seller. MDJM LTD is a holding company that operates in the hospitality and catering sectors.