MDJM Closes Two Offerings Of ~$8.5M In February, March

MDJM LTD (Nasdaq: UOKA) ("MDJM" or the "Company") announced that it has completed two offerings totaling an aggregate of approximately USD 8.5 million in February and March 2026 to advance its global animation production and cultural infrastructure initiatives.

On February 11, 2026, the Company closed an upsized public offering, raising gross proceeds of approximately USD 6 million, before deducting underwriting discounts and other offering expenses. On March 2, 2026, the Company completed a registered direct offering, raising gross proceeds of approximately  USD 2.5 million, before deducting the placement agent's fees and other estimated offering expenses payable by the Company. An estimated 50% of the combined funding will support international animation collaborations and the continued development of the Company's cultural project centered around Fernie Castle in Scotland.