TIANJIN, China, Sept. 10, 2020 /PRNewswire/ -- MDJM LTD (Nasdaq:
MDJH) (the "Company" or "MDJH"), an integrated real estate services
company in China, today announced
that on September 9, 2020, the
Company received a letter from the Listing Qualifications
Department of The NASDAQ Stock Market ("NASDAQ"), confirming that
the Company had regained compliance with Nasdaq Listing Rule
5550(a)(3) (the "Minimum Public Holders Rule" or the "Rule") .
As previously reported on August 5, 2020, the Company
received a deficiency letter from the Listing Qualifications
Department of NASDAQ on August 3, 2020, indicating that
the Company was not in compliance with the Minimum Public Holders
Rule, which requires companies listed on the NASDAQ Capital Market
to have at least 300 public holders for continued listing. Based on
the Company's email to NASDAQ dated September 2, 2020, the Company had more than 300
public holders. Accordingly, the Listing Qualifications Department
of NASDAQ has determined that the Company regained compliance with
the Rule.
About MDJM LTD
With branch offices in Tianjin,
Chengdu, Suzhou, and Yangzhou,
China, MDJH provides primary real
estate agency services to real estate developer clients, as well as
as-needed real estate consulting and independent training services.
The Company also provides tourism development services, including
real estate marketing and planning services, real estate agency
services, and advertisement planning services. For more information
regarding the Company, please visit: http://ir.mdjhchina.com.
For more information, please contact Investor Relations at:
Tony Tian, CFA
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1-732-910-9692
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SOURCE MDJM LTD