MDJM Closes $6 Million Upsized Follow-On Offering With Series A Warrants

MDJM ( (UOKA) ) has shared an announcement.

On February 11, 2026, MDJM Ltd closed an underwritten follow-on public offering of 4,280,000 units, each comprising one Class A ordinary share and one Series A warrant, at $1.40 per unit for gross proceeds of about $6 million before fees. The company granted underwriters a 45-day over-allotment option for up to 642,000 additional shares and/or warrants, with Maxim Group LLC acting as sole book-running manager.

The Series A warrants have a one-year term, are immediately exercisable, and feature step-down exercise prices with proportional share adjustments, plus a zero-cash exercise option that allows holders to receive 1.5 shares per warrant. This capital raise strengthens MDJM’s funding base as it pursues its cultural venue developments and broader global expansion strategy, with the warrant structure potentially amplifying future equity dilution depending on investor exercise behavior.

More about MDJM

MDJM Ltd is a global culture innovation company focused on cultural IP development, animation production, international licensing, and cultural venue operations. It is expanding its footprint in the U.K. by converting properties such as Fernie Castle in Scotland and the Robin Hill property in England into multi-functional cultural venues featuring hospitality, fine dining, and art-focused experiences.

Average Trading Volume: 2,051,346

Technical Sentiment Signal: Sell

Current Market Cap: $2.46M

For detailed information about UOKA stock, go to TipRanks’ Stock Analysis page.