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MDJM Calls January 2026 EGM to Authorize Contingent Share Consolidation to Protect Nasdaq Listing

Story Highlights
  • MDJM set a January 22, 2026 extraordinary meeting to vote on a contingent share consolidation plan.
  • The consolidation authority aims to help MDJM maintain Nasdaq listing amid tighter minimum bid price oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MDJM Calls January 2026 EGM to Authorize Contingent Share Consolidation to Protect Nasdaq Listing

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The latest announcement is out from MDJM ( (UOKA) ).

MDJM Ltd has called an extraordinary general meeting of shareholders for January 22, 2026, setting December 17, 2025 as the record date, to vote on an ordinary resolution that would authorize the board to implement a share consolidation of all 10 billion authorized ordinary shares at a ratio between 2‑for‑1 and 50‑for‑1 if the company’s Nasdaq closing bid price falls below $1.00. The proposed flexibility is aimed at preserving MDJM’s Nasdaq listing in light of the exchange’s $1.00 minimum bid requirement and stricter post–reverse-split monitoring rules, following the company’s prior share consolidation approved on April 28, 2025 and Nasdaq’s subsequent decision on November 19, 2025 to subject the stock to a one-year discretionary panel monitoring period during which any further compliance failure could quickly trigger a delisting determination.

More about MDJM

MDJM Ltd, incorporated in the Cayman Islands and listed on Nasdaq under the ticker UOKA, is a foreign private issuer with its principal executive office in Fife, Scotland, United Kingdom. The company has a dual-class share structure with Class A and Class B ordinary shares, and its securities are subject to Nasdaq’s minimum bid price and continued listing requirements.

Average Trading Volume: 71,549

Technical Sentiment Signal: Sell

Current Market Cap: $2.84M

See more data about UOKA stock on TipRanks’ Stock Analysis page.

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