MDJM LTD faces one-year Nasdaq panel monitor

TL;DR

Nasdaq put MDJM on a 1-year monitor, still trying to comply with rules.

AI Summary

MDJM LTD has been placed under a one-year discretionary panel monitor by Nasdaq, as reported on November 25, 2025. This follows a previous report on October 31, 2025, indicating the company had maintained compliance with Nasdaq Listing Rules through October 20, 2025, as per a June 10, 2025 decision.

Why It Matters

This Nasdaq action could impact investor confidence and the company's ability to access capital markets.

Risk Assessment

Risk Level: medium — A panel monitor suggests ongoing scrutiny and potential for further issues if compliance is not maintained.

Key Players & Entities

• MDJM LTD (company) — The company subject to the Nasdaq action.
• Nasdaq (company) — The stock exchange imposing the panel monitor.
• October 31, 2025 (date) — Date of previous Form 6-K filing.
• October 20, 2025 (date) — Date through which the company maintained compliance.
• June 10, 2025 (date) — Date of the Nasdaq Hearings decision.

FAQ

Filing Documents

• tm2532136d1_6k.htm (6-K) — 10KB
• 0001104659-25-115963.txt ( ) — 11KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2025 Commission File Number: 001-38768 MDJM LTD Fernie Castle, Letham Cupar, Fife, KY15 7RU United Kingdom (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F Nasdaq Imposes A One-Year Discretionary Panel Monitor On MDJM LTD As previously reported on a Form 6-K filed with the U.S. Securities and Exchange Commission on October 31, 2025, MDJM LTD, a Cayman Islands company (the “Company”), received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), advising that the Company had maintained compliance with the Listing Rules of Nasdaq through October 20, 2025, as required by the June 10, 2025 decision issued by the Nasdaq Hearings Panel (the “Panel”). Subsequently, the Company received a letter, dated November 19, 2025 (the “Letter”) from Nasdaq, advising that pursuant to its authority under Listing Rule 5815(d)(4)(A), the Panel had determined to impose a Discretionary Panel Monitor for a period of one year from the date of the Letter. If within that one-year monitoring period, the Company fails to maintain compliance with any continued listing requirement, the Listing Qualifications Department (the “Staff”) will issue a Delist Determination Letter and the Company will not be permitted to provide Staff with a plan of compliance with respect to any deficiency that arises during the monitor period. In addition, the Staff will not be permitted to grant additional time for the Company to regain compliance with respect to any deficiency. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MDJM LTD Date: November 25, 2025 By: /s/ Siping Xu Name: Siping Xu Title: Chairman of the Board of Directors 2

View Full Filing

View this 6-K filing on SEC EDGAR