MDJM announces pricing of $6M public offering
MDJM (UOKA) has announced an increased public offering of 4.28 million units priced at $1.40 each, aiming for gross proceeds of approximately $6.0 million.
The closing date for this offering is expected to be around February 11, 2026, pending underwriting fees and other expenses.
In premarket trading, UOKA shares have seen a significant decline of 72.17%, currently trading at $0.64.
Recommendation Rating: Positive Outlook on MDJM (UOKA) Offering
On Tuesday, MDJM (UOKA) revealed the pricing details of its increased public offering, which includes 4.28 million units priced at $1.40 each. The company anticipates that the total gross proceeds from this offering will amount to approximately $6.0 million, prior to the deduction of underwriting fees and other related expenses, and without considering the potential exercise of any Series A warrants. The closing date for this offering is projected to be around February 11, 2026. In premarket trading, UOKA shares have decreased by 72.17%, dropping to $0.64.
Source: Press Release