MDJM Ltd Raises $2.5 Million in Registered Direct Offering to Support Cultural Expansion

An update from MDJM ( (UOKA) ) is now available.

On March 2, 2026, MDJM Ltd closed a registered direct offering of 24,600,000 Class A ordinary shares to institutional investors at $0.1015 per share, raising approximately $2.5 million in gross proceeds before fees and expenses. The capital raise, conducted under an effective Form F-3 shelf registration with Maxim Group LLC as sole placement agent, provides additional funding capacity as the company pursues its UK-focused cultural property redevelopments and broader global cultural IP strategy.

In preparation for the transaction, MDJM entered securities purchase agreements with participating institutional investors and a placement agency agreement with Maxim Group LLC on February 27, 2026, agreeing to a 7% cash fee and expense reimbursement capped at $60,000. The completion of this financing underscores ongoing investor support for MDJM’s transition into an integrated cultural assets and IP platform, with implications for continued development of its flagship UK venues and related content initiatives.

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 in the UK through projects such as Fernie Castle in Scotland and the Robin Hill property in England, remodeling them into multi-functional venues for fine dining, hospitality, art exhibitions, and cultural exchange events.

Average Trading Volume: 8,318,460

Technical Sentiment Signal: Sell

Current Market Cap: $395.3K

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