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 March 2026
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:
Exhibit Index
| Exhibit No. |
|
Description |
| 99.1 |
|
MDJM LTD Announces Receipt of Nasdaq Suspension Determination and Plans to Request a Hearing before an Independent Nasdaq Hearings Panel |
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.
Dated: March 19, 2026
| |
MDJM LTD |
| |
|
|
| |
By: |
/s/Siping Xu |
| |
Name: |
Siping Xu |
| |
Title: |
Chief Executive Officer, Chairman of the Board of Directors, and Director |
Exhibit 99.1
MDJM LTD Announces Receipt of Nasdaq Suspension
Determination and Plans to Request a Hearing before an Independent Nasdaq Hearings Panel
LETHAM, Scotland, March 19, 2026 /PRNewswire/
-- MDJM LTD (Nasdaq: UOKA) (the “Company”), an integrated global culture innovation company, today announced that the Company
received a staff determination letter (the “Letter”), on March 13, 2026, from the Listing Qualifications Department of The
Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, as the Company’s securities had a closing bid price
of $0.10 or less for 10 consecutive business days, its securities would be suspended effective with the open of trading on March 20, 2026.
Because the Company effected a 1 for 25 reverse stock split on May 20, 2025,the Company is also subject to the provisions set forth in
Nasdaq Listing Rule 5810(c)(3)(A)(iii) and Rule 5810(c)(3)(A)(iv). In addition, following the Nasdaq Listing Qualifications Panel’s
decision dated November 19, 2025, the Company is subject to a Discretionary Panel Monitor under Nasdaq Listing Rule 5815(d)(4)(A) for
a period of one year.
The Company intends to timely request a hearing
before an independent Hearings Panel (the “Panel”). Notwithstanding, given that the Company traded below $0.10 for 10 consecutive
business days, the hearing request will not stay the suspension of the Company’s securities. During the pendency of the hearing,
the Company expects that its securities will be eligible to be traded on the OTC Markets under the same ticker symbol “UOKA.” There
can be no assurance that the Panel will grant the Company’s request for continued listing or otherwise provide relief from the suspension
determination, and the ultimate outcome of the hearing process remains uncertain.
The Company is currently considering all options
available to regain compliance with Nasdaq’s listing requirements and return to good standing on Nasdaq, including a reverse stock
split, which became effective on March 16, 2026, and will provide its shareholders with any material updates when they are available.
About MDJM LTD
MDJM LTD is a global culture innovation company
focused on cultural IP development, animation production, international licensing, and cultural venue operations. The Company has been
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, the Company is collaborating with select European animation studios to
develop animated short films that blend Eastern themes with Western artistry. The Company aims to integrate Eastern philosophy with international
artistic practices, creating a global cultural ecosystem built on storytelling and immersive experience. 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 https://www.ir-uoka.com/.
Forward-Looking Statements
This
announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.
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
