Core Viewpoint - MDJM LTD has received a suspension determination from Nasdaq due to its securities trading below $0.10 for 10 consecutive business days, and the company plans to request a hearing to appeal this decision [1][2]. Group 1: Nasdaq Suspension Details - The company received a staff determination letter from Nasdaq on March 13, 2026, indicating that its securities would be suspended effective March 20, 2026, due to a closing bid price of $0.10 or less for 10 consecutive business days [1]. - The company is subject to additional provisions under Nasdaq Listing Rule 5810 due to a reverse stock split that took effect on May 20, 2025 [1]. - The company intends to request a hearing before an independent Hearings Panel, although this request will not prevent the suspension of its securities [2]. Group 2: Compliance and Future Plans - The company is exploring options to regain compliance with Nasdaq's listing requirements, including a reverse stock split that became effective on March 16, 2026 [3]. - The company will provide shareholders with material updates regarding its compliance efforts as they become available [3]. Group 3: Company Overview - MDJM LTD is an integrated global culture innovation company focused on cultural IP development, animation production, international licensing, and cultural venue operations [4]. - The company is expanding its operations in the UK, developing projects like Fernie Castle in Scotland and the Robin Hill Property in England into multi-functional cultural venues [4]. - MDJM aims to create a global cultural ecosystem by integrating Eastern philosophy with international artistic practices through collaborations with European animation studios [4].

Group 1 - MDJM LTD has successfully closed an upsized public offering of 4,280,000 units at a price of $1.40 per unit, resulting in total gross proceeds of approximately $6.0 million before expenses [1] - Each unit consists of one Class A ordinary share and one Series A warrant, which is immediately exercisable at an initial price equal to the public offering price, with adjustments on the fourth and eighth trading days [1] - The underwriter, Maxim Group LLC, has been granted a 45-day option to purchase additional shares and warrants, and partially exercised this option for 642,000 Series A warrants [1] Group 2 - MDJM LTD is focused on cultural IP development, animation production, international licensing, and cultural venue operations, with ongoing projects in the UK, including the Fernie Castle and Robin Hill Property [1] - The company is collaborating with renowned architectural firm Kengo Kuma & Associates for the renovation of Fernie Castle, aiming to create a multifunctional cultural venue [1] - MDJM is also partnering with European animation studios to develop animated short films that integrate Eastern themes with Western artistry, reflecting its commitment to global market expansion [1]

Company Overview - Borealis Foods Inc. is a food tech company focused on developing nutritious, functional food products that are flavorful, affordable, and sustainable, addressing consumer needs and global food security challenges [2] - MD Local Global Ltd. is a UK-based cultural innovation company that specializes in cultural IP development, animation production, international licensing, and cultural venue operations, aiming to create a global cultural ecosystem through storytelling and immersive experiences [4] Market Performance - Borealis Foods Inc. is trading at $1.5400, with an increase of $0.8870 on a volume of over 34 million shares [2] - MDJM Ltd is trading at $2.4294, up $1.2394, gaining 104.19% on a volume of over 98 million shares, although there is no news from the company to explain this trading pattern [3]