MD Local Global Announces Strategic Cultural Partnership with H5 for Fernie Castle Animation Art Gallery

Rhea-AI Summary

MD Local Global (NASDAQ: UOKA) announced a strategic cultural partnership with Paris studio H5 on February 20, 2026, to develop curatorial direction for the planned Fernie Castle Animation Art Gallery in Scotland.

H5 will serve as curator, shaping the Gallery's conceptual framework, permanent collection, inaugural exhibition, and visual identity while MDLG finances and oversees physical production and operations.

News Market Reaction – UOKA

-14.92%

19 alerts

-14.92% Session close to close

-10.8% Trough in 8 hr 36 min

$1.50M Market Cap

0.2x Rel. Volume

In the Feb 20 session, UOKA declined 14.92%, reflecting a significant negative market reaction. Argus tracked a trough of -10.8% from its starting point during tracking. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -14.9% in the session following this news. A negative reaction despite partnership...

Analysis

The stock dropped -14.9% in the session following this news. A negative reaction despite partnership news fits a pattern where prior Fernie Castle collaborations produced limited or negative moves. The H5 agreement further develops the gallery’s artistic and curatorial framework but arrives after recent highly dilutive offerings and Nasdaq risk disclosures. Such overhangs may have dominated sentiment, and past behavior suggests strategic updates have not consistently supported the share price.

Key Figures

Deal memo date (H5 gallery): February 20, 2026 Prior H5 deal memo date: November 20, 2025

2 metrics

Deal memo date (H5 gallery) February 20, 2026 Date MDLG entered new Deal Memo with H5

Prior H5 deal memo date November 20, 2025 Earlier Development and Co-Production Deal Memo for animated short film

Previous Partnership Reports

1 past event · Latest: Mar 18 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 18	Design partnership	Positive	-1.0%	MDLG partnered with KKAA for Fernie Castle Oriental Landscape Project design.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Past partnership news around the Fernie Castle project saw a modest negative price reaction despite constructive strategic content.

Recent Company History

Over the last several months, MDJM LTD has focused on building a cultural IP ecosystem around Fernie Castle in Scotland. Prior updates highlighted partnerships with Kengo Kuma & Associates for landscape design and other creative collaborators. Financing activities included a highly dilutive public offering with notable negative price reactions. Today’s partnership news with H5 for the Fernie Castle Animation Art Gallery extends this same Fernie-centered cultural and design strategy, consistent with earlier partnership announcements.

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LONDON, Feb. 20, 2026 /PRNewswire/ -- MD Local Global Limited ("MDLG"), the UK-based wholly owned subsidiary of MDJM LTD (NASDAQ: UOKA) (the "Company"), today announced that on February 20, 2026, MDLG entered into a Deal Memo with H5 S.A.R.L. ("H5"), a Paris-based creative studio, establishing a long-term partnership for the artistic conception and curatorial development of the Company's planned Fernie Castle Animation Art Gallery (the "Gallery") in Scotland.

Previously, on November 20, 2025, the parties entered into a Development and Co-Production Deal Memo for an Animated Short Film. Together, the short film collaboration and the Gallery curatorial partnership reflect a broader strategic relationship between MDLG and H5, combining animation production with the long-term artistic development of the Gallery.

Under the new deal memo, H5 has been appointed as curator of the Gallery and will collaborate with MDLG on the overall curatorial vision, narrative structure, and artistic positioning of the Gallery. This includes the development of its conceptual framework, the design and curation of the permanent collection, and the creation of the inaugural exhibition.

The Gallery is conceived as a distinctive European platform dedicated to animation as an art form. The Gallery is expected to integrate heritage architecture with contemporary animation culture through exhibitions, screenings, educational initiatives, artist residencies, and interdisciplinary cultural programming.

The collaboration further contemplates broader cooperation in visual identity development and curation of future temporary exhibitions, subject to separate agreements between MDLG and H5.

MDLG will finance and oversee the physical production and implementation of the Gallery and its exhibitions, engaging third-party production teams in mutual consultation with H5. H5 will provide artistic leadership and curatorial direction within the scope of its appointed missions.

This strategic partnership establishes the foundation for the commercial extension of a uniquely positioned European animation art initiative and represents a significant step toward the broader economic objectives of the cultural development project.

About MD Local Global Ltd.

MD Local Global Ltd. is a UK-based cultural innovation company specializing in cultural IP development, animation production, international licensing, and cultural venue operations. The company aims to integrate Eastern philosophy with international artistic practices, creating a global cultural ecosystem built on storytelling and immersive experience.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Act. 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
WAVECREST GROUP INC.
Phone: +1 718-213-7386
Email: sherry@wavecrestipo.com

View original content:https://www.prnewswire.com/news-releases/md-local-global-announces-strategic-cultural-partnership-with-h5-for-fernie-castle-animation-art-gallery-302693593.html

SOURCE MDJM LTD

FAQ

What did MD Local Global (UOKA) announce about the Fernie Castle Animation Art Gallery on February 20, 2026?

MDLG announced a long-term curatorial partnership with Paris studio H5 to develop the Fernie Castle Animation Art Gallery. According to the company, H5 will act as curator for concept, permanent collection, inaugural exhibition, and visual identity work while MDLG funds and implements the project.

What role will H5 play in the Fernie Castle Animation Art Gallery partnership with UOKA?

H5 will be appointed curator responsible for artistic conception, curatorial vision, and inaugural exhibition design. According to the company, H5 will lead narrative structure, collection curation, and visual identity within the scope of agreed missions.

How will MD Local Global (UOKA) fund and execute the Fernie Castle Gallery project?

MDLG will finance and oversee physical production and implementation of the Gallery and its exhibitions. According to the company, MDLG will engage third-party production teams in mutual consultation with H5 for execution and operations.

Does the UOKA and H5 partnership cover animated film work as well as the gallery?

Yes. The collaboration builds on a November 20, 2025 animated short film deal memo and expands into long-term gallery curation. According to the company, the two agreements form a strategic relationship combining animation production with gallery development.

What programming and activities are planned for the Fernie Castle Animation Art Gallery under UOKA and H5?

The Gallery is planned as a European platform for animation with exhibitions, screenings, education, residencies, and interdisciplinary programming. According to the company, programming will integrate heritage architecture with contemporary animation culture and future temporary exhibitions.