The company is executing a strategic shift to build global animation intellectual property commercialization and distribution capabilities. The company has funded this transition with multiple equity deals including a $2.45 million private placement in September 2024, a $6 million underwritten follow-on in February 2026, and a registered direct sale of 24,600,000 Class A shares at $0.1015 on March 2, 2026.
Cyborg Score Rationale
Nasdaq suspended trading after the bid stayed at or below $0.10 for 10 days, and shares now trade on OTC Markets as "UOKAF" pending an April 23, 2026 hearing. New animation and cultural projects are in development but have not yet generated revenue, with heavy reliance on external equity through multiple share offerings and reverse splits.
Top Insights
In May 2026, MDJM entered into a share purchase agreement to acquire a 75% equity interest in Mirai Co., Ltd., a Japan-based company.
Mirai has represented an annualized revenue scale of approximately $30 million, providing an established operating business that would significantly scale MDJM's revenue.
None of the UK subsidiaries have made any dividends or other distributions to the Company or any U.S. investors as of the date of the annual report.
In 2025, MDJM Ltd's revenue was $89,664, an 85.35% increase compared to the previous year, but losses improved to -$41,321 from -$41,632 in 2024.
Named Competitors
Castle Hotels — UK heritage property hospitality
Animation Distribution — Global anime streaming and IP commercialization
Cultural Hospitality — Historic property hotel operations
Recent Developments
(February 2026) Closed $6 million underwritten follow-on public offering
(March 2026) Completed registered direct sale of 24.6 million Class A shares at $0.1015 per share
(May 2026) Announced share purchase agreement to acquire 75% stake in Japan-based Mirai Co., Ltd. with ~$30M annualized revenue
Open the full interactive MDJM Ltd report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.