LETHAM, Scotland, Dec. 2, 2024
/PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company" or "MDJM"),
an integrated global culture-driven asset management company, today
announced that its ticker symbol will change from "MDJH" to "UOKA."
Effective on December 3, 2024, the
Company's ordinary shares will trade on the Nasdaq Capital Market
under the new symbol "UOKA".
The new ticker symbol, UOKA, represents MDJM's core mission and
strategic vision. Inspired by the Eastern philosophical concept of
"Unity of Knowledge and Action," a principle introduced by the Ming
Dynasty philosopher, Yangming Wang,
the idea emphasizes the connection between understanding and
execution—action guided by insight, and insight validated through
action. MDJM believes that this philosophy reflects its
commitment to integrating ethical and cultural values into its
global operations.
"We are pleased to announce the adoption of our new ticker
symbol, UOKA, which reflects MDJM's mission and values as we
endeavor to expand our cultural initiatives globally," said Mr.
Siping Xu, Chairman and Chief
Executive Officer of MDJM. "This change marks an important step in
aligning our market identity with the Company's dedication to
fostering cultural exchange, innovation, and sustainable
growth."
Shareholders do not need to take any action in connection with
this change. The Company's ordinary shares will continue to trade
on the Nasdaq Capital Market, with the CUSIP number remaining
unchanged.
About MDJM LTD
MDJM LTD is a global culture-driven asset management company
focused on transforming historical properties into cultural hubs
that blend modern digital technology with rich historical value.
The Company is actively expanding its operations in the UK, where
it is developing projects such as Fernie
Castle in Scotland and the
Robin Hill Property in England.
These properties are being remodeled into multi-functional cultural
venues that will feature fine dining, hospitality services, art
exhibitions, and cultural exchange events. As part of its broader
strategy, MDJM seeks to position itself as a hub for artisan
exchanges, art shows, and sales, leveraging its historical
properties as platforms for promoting Eastern and Western cultural
exchanges. This initiative reflects the Company's commitment to
furthering its global market expansion and enhancing its cultural
business footprint. For more information regarding the Company,
please visit http://ir.mdjmjh.com.
Forward-Looking Statements
This announcement contains forward-looking statements. All
statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations and projections about future
events and financial trends that the Company believes may affect
its financial condition, results of operations, business strategy,
and financial needs. Investors can identify these forward-looking
statements by words or phrases such as "may," "will," "expect,"
"anticipate," "aim," "estimate," "intend," "plan," "believe,"
"potential," "continue," "is/are likely to" or other similar
expressions. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's annual report on Form 20-F and its
other filings with the U.S. Securities and Exchange
Commission.
Investor Contact:
Sherry
Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com
Phone: +1 718-213-7386
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SOURCE MDJM LTD