MDJM LTD Received Nasdaq Notification Letter Regarding Bid Price Deficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2024
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Source: PRnewswire
Nasdaq Compliance Notification: MDJM LTD received a notification from Nasdaq stating it is not in compliance with the minimum bid price requirement of $1.00 per share, as its shares have been below this threshold for 30 consecutive business days. The company has until April 21, 2025, to regain compliance.
Company Overview and Future Plans: MDJM LTD is focused on transforming historical properties into cultural hubs in the UK, such as Fernie Castle and the Robin Hill Property, aiming to enhance cultural exchanges and expand its global market presence.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
