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MDJM LTD Announces Closing of Upsized $6.0 Million Public Offering
Prnewswire· 2026-02-11 21:05
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]
Top Percentage Gainers on Nasdaq - $BRLS, $UOKA
Investorideas.com· 2026-02-09 17:12
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]