UOKA News & Events

MDJM Ltd announced that it has completed two offerings totaling an aggregate of approximately $8.5M in February and March to advance its global animation production and cultural infrastructure initiatives. On February 11, the company closed an upsized public offering, raising gross proceeds of approximately $6M, before deducting underwriting discounts and other offering expenses. On March 2, the company completed a registered direct offering, raising gross proceeds of approximately $2.5M, before deducting the placement agent's fees and other estimated offering expenses payable by the company. An estimated 50% of the combined funding will support international animation collaborations and the continued development of the company's cultural project centered around Fernie Castle in Scotland.

Maxim Group is acting as sole book-running manager in connection with the offering.

MDJM Ltd files to sell 2.34M units

MDJM Ltd announced that its hotel, The Robin Hill Hotel, has become the first in the MDJM group to officially introduce cryptocurrency payment options. The company believes this initiative could enhance convenience for international travelers and represent an important step in MDJM's ongoing digital transformation within the hospitality and cultural sectors. Guests at The Robin Hill Hotel are able to settle their accommodation charges using cryptocurrency, which the company anticipates will offer a faster, safer, and more versatile payment experience. MDJM believes the adoption of digital currency may help meet the diverse preferences of a global clientele and strengthen the hotel's appeal to an increasingly international customer base.