Core Viewpoint - MDJM LTD has announced the pricing of an upsized public offering of 4,280,000 units at a price of $1.40 per unit, aiming to raise approximately $6.0 million in gross proceeds before expenses [1] Group 1: Offering Details - Each unit in the offering consists of one Class A ordinary share and one Series A warrant to purchase one Class A ordinary share [1] - The Series A warrants will expire one year from issuance and are immediately exercisable at an initial price equal to the public offering price, with adjustments on the fourth and eighth trading days [1] - The underwriters have a 45-day option to purchase up to an additional 642,000 Class A ordinary shares and/or Series A warrants [1] Group 2: Company Background - MDJM LTD is an integrated global culture innovation company focused on cultural IP development, animation production, international licensing, and cultural venue operations [1] - The company is expanding its operations in the UK, with projects like Fernie Castle and the Robin Hill Property being remodeled into multifunctional cultural venues [1] - MDJM is collaborating with European animation studios to develop animated short films that blend Eastern themes with Western artistry, aiming to create a global cultural ecosystem [1]
MDJM LTD Announces Pricing of Upsized $6.0 Million Public Offering