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An announcement from MDJM ( (UOKAF) ) is now available.
MDJM Ltd has called an extraordinary general meeting of shareholders for April 21, 2026, in Fife, Scotland, with March 27, 2026 set as the record date for voting eligibility. The meeting will ask investors to approve a massive increase in the company’s authorized share capital from US$250 million to US$4.46 billion, expanding capacity to issue up to 5.1 billion ordinary shares across both Class A and high‑vote Class B stock.
Shareholders will also vote on granting the board a broad mandate, effective from the date of the meeting, to execute a share consolidation at any ratio between 2‑for‑1 and 200‑for‑1 at a time of its choosing. These moves would give MDJM significant flexibility to raise capital and manage its share price and structure, potentially affecting dilution and control dynamics for existing investors.
More about MDJM
MDJM Ltd is a Cayman Islands-incorporated company whose shares trade over the counter under the ticker UOKAF. The company is governed by a dual‑class share structure comprising Class A ordinary shares with one vote per share and Class B ordinary shares carrying 50 votes per share, giving insiders significant voting control relative to public shareholders.
Average Trading Volume: 638,286
Technical Sentiment Signal: Sell
Current Market Cap: $82.26K
See more insights into UOKAF stock on TipRanks’ Stock Analysis page.