MDJM Ltd. Granted Exception by Nasdaq Panel to Regain Compliance with Bid Price Rule by June 17, 2025

Reuters
17 Jun
MDJM Ltd. Granted Exception by Nasdaq Panel to Regain Compliance with Bid Price Rule by June 17, 2025

MDJM Ltd., a Cayman Islands-based company, is facing potential delisting from The Nasdaq Capital Market due to its inability to meet the minimum bid price requirement of $1.00 per share. On June 3, 2025, the company attended a hearing to appeal the delisting decision. Subsequently, on June 10, 2025, Nasdaq granted MDJM Ltd. an exception to comply with the bid price rule by June 17, 2025. Additionally, should the company fail to maintain compliance with any Nasdaq listing rule before October 20, 2025, it will have the opportunity to submit a written statement within seven days of any deficiency notification, after which the Nasdaq Hearings Panel will consider granting an additional exception.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MDJM Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-060117), on June 17, 2025, and is solely responsible for the information contained therein.

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