MDJM LTD (UOKA) implements 35-for-1 share consolidation and new CUSIP

Rhea-AI Filing Summary

MDJM LTD is implementing a 35-for-1 consolidation of all its authorized, issued and unissued ordinary shares. The 10,000,000,000 authorized ordinary shares with a par value of US$0.025 will become 285,714,285 ordinary shares with a par value of US$0.875 each, split into Class A and Class B shares. The Class A ordinary shares will begin trading on a post-consolidation basis on the Nasdaq Capital Market under the same symbol UOKA from March 16, 2026, with a new CUSIP G59290125. No cash will be paid for fractional shares; instead, holdings will be rounded up to the nearest whole share.

Insights

Equity Capital Markets Analyst

MDJM is executing a 35:1 share consolidation that mainly changes share count and price, not fundamentals.

The company is consolidating all authorized, issued and unissued ordinary shares on a 35-for-1 basis, reducing the authorized share count from 10,000,000,000 to 285,714,285 and increasing par value per share. This is a structural change to the equity capital structure.

The Class A shares will continue to trade on Nasdaq under the symbol UOKA, with post-consolidation trading starting on March 16, 2026 and a new CUSIP. Fractional positions are handled by rounding up to the next full share, with no cash paid for fractions.

This type of consolidation typically affects the number of shares outstanding and the nominal trading price per share but does not, by itself, change the company’s total equity value. Future filings may detail post-consolidation share counts and any implications for capital-raising plans.

Form 6-K: How Foreign Companies Report to the SEC →

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:

Form 20-F x Form 40-F ¨

MDJM LTD Announces Share Consolidation

MDJM LTD, a Cayman Islands company (the “Company”), today announced that the Company plans to effect a consolidation of all of the Company’s authorized issued and unissued ordinary shares on a 35:1 basis (the “Share Consolidation”), which was approved by the Company’s shareholders on January 22, 2026, and approved by the Company’s board of directors on February 19, 2026. As a result of the Share Consolidation, the Company’s 10,000,000,000 authorized ordinary shares, each with a par value of US$0.025, will be consolidated into 285,714,285 ordinary shares, consisting of (i) 285,702,628 Class A ordinary shares, each with a par value of US$0.875 and (ii) 11,657 Class B ordinary shares, each with a par value of US$0.875, without any action on the part of the shareholders.

Beginning with the opening of trading on March 16, 2026, the Company’s Class A ordinary shares will trade on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol “UOKA,” but under a new CUSIP number of G59290125. No fractional shares will be issued in connection with the Share Consolidation. Instead, record holders who otherwise would be entitled to receive fractional shares because they hold a number of shares not evenly divisible by the Share Consolidation ratio will automatically be entitled to receive an additional fraction of one share to round up to the next whole share. For those beneficial holders who hold shares through a brokerage firm, the Company intends to round up fractional shares at the participant level. Cash will not be paid for fractional shares.

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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: March 11, 2026	By:	/s/ Siping Xu
	Name:	Siping Xu
	Title:	Chairman of the Board of Directors

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FAQ

What share consolidation did MDJM LTD (UOKA) announce?

MDJM LTD announced a 35-for-1 consolidation of all authorized, issued and unissued ordinary shares. The 10,000,000,000 authorized shares with par value US$0.025 will become 285,714,285 shares with par value US$0.875, restructuring the share capital without changing total nominal equity.

How does MDJM LTD’s share consolidation affect authorized share capital?

The consolidation reduces authorized ordinary shares from 10,000,000,000 to 285,714,285. After the change, Class A authorized shares total 285,702,628 and Class B authorized shares total 11,657, each with a par value of US$0.875, replacing the previous US$0.025 par value structure.

When will MDJM LTD (UOKA) trade on a post-consolidation basis?

MDJM LTD’s Class A ordinary shares will begin trading on a post-consolidation basis on the Nasdaq Capital Market at the opening of trading on March 16, 2026. The shares will keep the symbol UOKA but will have a new CUSIP number, G59290125, after the change.

What happens to fractional shares in the MDJM LTD consolidation?

No fractional shares will be issued. Record holders whose holdings are not evenly divisible by 35 will automatically be rounded up, receiving an extra fraction to reach a whole share. Beneficial holders through brokers are also expected to be rounded up at the participant level, with no cash paid for fractions.

Were MDJM LTD shareholders and the board involved in approving the consolidation?

Yes. The share consolidation was approved by MDJM LTD shareholders on January 22, 2026, and subsequently approved by the board of directors on February 19, 2026. This sequence shows both owner and board authorization for the 35-for-1 restructuring of the company’s share capital.

Does MDJM LTD’s share consolidation change the Nasdaq ticker symbol UOKA?

The consolidation does not change the Nasdaq trading symbol, which remains UOKA. However, from March 16, 2026, the Class A ordinary shares will trade on a post-consolidation basis under a new CUSIP number, G59290125, reflecting the updated share structure.