MDJM LTD. Aktie

MDJM has appointed Professor Duncan Murray Campbell for two years as a non-executive director to provide cultural and academic advice on the Fernie-Castle project. Campbell is to deliver strategic recommendations on cultural positioning, review project documents, take part in site visits, contribute to cultural events and advise on education and publication plans. The mandate is advisory and non-binding; management and the board retain decision-making authority. Through MD Local Global, MDJM is developing an animation museum and an Oriental garden but is under financial pressure with a market capitalization of around USD 0.52 million and a sharp share price decline since the start of the year. » Más en de.investing.com

MDJM announced that its subsidiary MANSIONS CATERING AND HOTEL LTD has signed an agreement to acquire 75% of Japan-based Mirai Co. The transaction is subject to customary closing conditions and is being accompanied by Broad Investment Securities; Mirai is expected to be consolidated after closing. Mirai supplies corporate distributors with consumer electronics and cosmetics and reported, on an unaudited basis, annualized revenue of around USD 30 million. MDJM so far has had low revenues, ongoing losses and high share-price volatility; the acquisition marks a substantial expansion of the business. » Más en de.investing.com

MDJM is selling 24.6 million class A common shares in a registered direct placement at $0.1015 per share and expects gross proceeds of about $2.5 million before fees. The transaction is expected to close around March 2, 2026, with Maxim Group acting as sole placement agent. The offering is being made under an existing F-3 registration; MDJM reported a 95% share price decline last year, a market capitalization of roughly $550,000, negative free cash flow of $1.52 million and a loss of $1.94 per share. » Más en de.investing.com