MDJM Ltd. Faces Nasdaq Delisting, Plans Appeal
Ticker: UOKA · Form: 6-K · Filed: Apr 25, 2025 · CIK: 1741534
| Field | Detail |
|---|---|
| Company | Mdjm Ltd (UOKA) |
| Form Type | 6-K |
| Filed Date | Apr 25, 2025 |
| Risk Level | high |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, Nasdaq, appeal
Related Tickers: MDJM
TL;DR
MDJM got delisted from Nasdaq, but they're fighting it.
AI Summary
MDJM LTD announced on April 25, 2025, that it has received a determination from Nasdaq to delist its securities. The company plans to request a hearing before the Nasdaq Hearings Panel to appeal this decision.
Why It Matters
This filing indicates a significant risk to the company's stock exchange listing, potentially impacting its liquidity and investor confidence.
Risk Assessment
Risk Level: high — Receiving a delisting determination from Nasdaq poses a substantial risk to the company's continued trading on a major exchange.
Key Players & Entities
- MDJM LTD (company) — Registrant
- Nasdaq (company) — Stock Exchange
- Siping Xu (person) — Chief Executive Officer
- April 25, 2025 (date) — Filing Date
FAQ
What is the reason for Nasdaq's delisting determination?
The filing does not specify the exact reason for the delisting determination, only that MDJM LTD received it.
What is MDJM LTD's plan in response to the delisting determination?
MDJM LTD plans to request a hearing before the Nasdaq Hearings Panel to appeal the determination.
When was this report filed?
This report was filed on April 25, 2025.
Who signed the report on behalf of MDJM LTD?
Siping Xu, Chief Executive Officer, signed the report.
What exhibit is attached to this 6-K filing?
Exhibit 99.1, titled 'MDJM LTD Announces Receipt of Nasdaq Delisting Determination and Plan to Request a Hearing before the Nasdaq Hearings Panel', is attached.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on April 25, 2025 by Siping Xu regarding MDJM LTD (UOKA).