MDJM Ltd. held an extraordinary general meeting of shareholders on January 22, 2026. At the meeting, shareholders approved a proposal authorizing a conditional consolidation of authorized ordinary shares. The board of directors is authorized to determine the consolidation ratio, which will range from not less than 2:1 to not more than 50:1, in the event that the closing bid price per listed share falls below US$1.00 on the NASDAQ Stock Market.
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: 0001104659-26-006030), on January 23, 2026, and is solely responsible for the information contained therein.