MDJM LTD Faces Nasdaq Delisting, Plans Appeal

MDJM ( (UOKA) ) just unveiled an update.

On April 23, 2025, MDJM LTD received a delisting determination letter from Nasdaq due to non-compliance with the minimum bid price requirement of $1.00 per share. The company had been notified of this issue on October 23, 2024, and given 180 days to regain compliance, which it failed to achieve by April 21, 2025. MDJM plans to appeal the determination to a Nasdaq Hearings Panel, which will temporarily halt the delisting process. The company is exploring options such as a reverse stock split to address the issue and will update shareholders accordingly.

More about MDJM

MDJM LTD is a global culture-driven asset management company that focuses on transforming historical properties into cultural hubs. The company integrates modern digital technology with historical value and is expanding its operations in the UK with projects like Fernie Castle in Scotland and Robin Hill Property in England. These properties are being developed into multi-functional cultural venues featuring fine dining, hospitality services, art exhibitions, and cultural exchange events. MDJM aims to promote Eastern and Western cultural exchanges and expand its global market presence.

YTD Price Performance: -41.92%

Average Trading Volume: 14,222,734

Technical Sentiment Signal: Buy

Current Market Cap: $4.05M

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