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MDJM (UOKA) seeks big capital increase and 2:1–200:1 share consolidation
MDJM LTD is calling an extraordinary general meeting on April 21, 2026, to propose a significant increase in its authorized share capital and a flexible share consolidation ranging from 2:1 to 200:1. The company’s Class A shares were suspended from Nasdaq due to falling below the $1.00 minimum bid price requirement and moved to OTC trading, making the share consolidation a crucial step to potentially regain Nasdaq compliance. This move aims to mechanically raise the share price and create capacity for future share issuance, although no specific issuance plans are detailed in this filing.