MDJM LTD (UOKAF) grants 400,000 shares under 2026 incentive plan
Rhea-AI Filing Summary
MDJM LTD adopted a 2026 Second Equity Incentive Plan to grant share-based awards to employees and other service providers. The plan reserves 200,000 Class A ordinary shares and 200,000 Class B ordinary shares, each with par value $0.875 per share, for issuance.
On July 15, 2026, the board and compensation committee granted and issued all 400,000 reserved ordinary shares as restricted share awards to certain employees, including 200,000 Class B ordinary shares to Chief Executive Officer and Chairman Siping Xu. Following this issuance, Mr. Xu directly or indirectly controls approximately 89.71% of the aggregate voting power of the company’s issued and outstanding ordinary shares. The equity plan and restricted share agreement form are provided in attached exhibits, and the information is incorporated by reference into the company’s existing Form F-3 and Form S-8 registration statements.
Positive
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Negative
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Key Figures
Plan Class A reserve: 200,000 Class A ordinary shares
Plan Class B reserve: 200,000 Class B ordinary shares
Aggregate restricted shares granted: 400,000 ordinary shares
+3 more
6 metrics
Plan Class A reserve
200,000 Class A ordinary shares
Maximum aggregate number of Class A shares reserved under 2026 Second Equity Incentive Plan
Plan Class B reserve
200,000 Class B ordinary shares
Maximum aggregate number of Class B shares reserved under 2026 Second Equity Incentive Plan
Aggregate restricted shares granted
400,000 ordinary shares
Total Class A and Class B shares granted and issued as restricted share awards on July 15, 2026
Shares granted to CEO
200,000 Class B ordinary shares
Restricted shares granted and issued to CEO and Chairman Siping Xu
Par value per share
$0.875 per share
Par value of the company’s ordinary shares referenced in the plan
CEO voting power
89.71% of aggregate voting power
Approximate voting power controlled directly or indirectly by Siping Xu after share issuance
Key Terms
Equity Incentive Plan, restricted shares, share appreciation rights, incorporated by reference, +2 more
6 terms
Equity Incentive Plan financial
"reviewed and approved the Company’s 2026 Second Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
incorporated by reference regulatory
"This report of foreign private issuer on Form 6-K is hereby incorporated by reference into"
Form S-8 regulatory
"the registration statement on Form S-8 of the Company (File Number 333-278269)"
A Form S-8 is a U.S. Securities and Exchange Commission registration that lets a public company set aside shares for employee benefit plans and stock-based compensation. Think of it as opening a dedicated account that authorizes the company to issue or reserve stock for workers and directors; it matters to investors because it enables share dilution when those awards are granted or exercised and signals how management is compensated and incentivized.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MDJM LTD (UOKAF) approve on July 15, 2026?
MDJM LTD approved and adopted its 2026 Second Equity Incentive Plan on July 15, 2026. The plan allows a range of share-based awards to service providers, administered by the board or a committee, to attract, retain, and incentivize personnel.
What is CEO Siping Xu’s voting power in MDJM LTD (UOKAF) after the issuance?
After the restricted share issuance, Siping Xu directly or indirectly controls approximately 89.71% of the aggregate voting power of MDJM LTD’s issued and outstanding ordinary shares, reflecting his significant influence over shareholder voting matters.
How is this MDJM LTD (UOKAF) equity plan disclosure used in existing registrations?
The information is incorporated by reference into MDJM LTD’s Form F-3 (File No. 333-294010) and Form S-8 (File No. 333-278269) registration statements and related prospectuses, supplementing those offerings with details of the 2026 Second Equity Incentive Plan and awards.