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MDJM LTD appoints Bo Wang CFO after resignation

MDJM LTD’s CFO resigned for personal reasons and a current director, Bo Wang, has been appointed as the new Chief Financial Officer.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

MDJM LTD (UOKAF) reports that Chief Financial Officer Mengnan Wang resigned effective September 1, 2026, citing personal reasons and indicating no disagreement with the company’s operations, policies or practices. To fill the vacancy, the board appointed current director Bo Wang as Chief Financial Officer, also effective September 1, 2026, and he will continue to serve as a director.

Bo Wang is a certified public accountant in China with more than ten years of experience in auditing, accounting and financial management, including prior roles at Arthur Andersen and as financial controller at several international and Chinese companies. He receives no additional compensation for serving as CFO, has no disclosed family relationships with other executives or directors, and there are no related-party transactions requiring disclosure.

Positive

  • None.

Negative

  • CFO resignation effective immediately may add management transition risk, as Mengnan Wang left the Chief Financial Officer role on September 1, 2026, even though the company states his departure was for personal reasons and not due to any disagreement.

Filing Explained

The filing states that this report is incorporated by reference into MDJM’s Form F-3 and Form S-8 registration statements and their outstanding prospectuses, to the extent not superseded; it reports incorporation only, not a completed securities offering or issuance.

report of foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A report of a foreign private issuer is a formal filing that a non‑U.S. company makes to U.S. regulators to share important business, financial, or governance information with American investors. Think of it as a regular update or press packet that keeps investors informed about events that could change a company’s value—like earnings, management changes, contracts, or regulatory developments—so investors can make timely, informed decisions.
Form 20-F regulatory
"whether the registrant files or will file annual reports under cover of Form 20-F"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
Form F-3 regulatory
"incorporated by reference into (i) the registration statement on Form F-3"
Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.
Form S-8 regulatory
"and (ii) the registration statement on Form S-8 of the Company"
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.
Item 7.B of Form 20-F regulatory
"no transactions involving Mr. Bo Wang that would be required to be disclosed pursuant to Item 7.B of Form 20-F"

FAQ

What executive change did MDJM LTD (UOKAF) announce in this Form 6-K?
MDJM LTD announced that Mengnan Wang resigned as Chief Financial Officer effective September 1, 2026, and that current director Bo Wang was appointed as the new Chief Financial Officer, also effective September 1, 2026.

Why did MDJM LTD’s previous CFO Mengnan Wang resign?
Mengnan Wang resigned as MDJM LTD’s Chief Financial Officer on September 1, 2026 for personal reasons. He advised the company that his resignation was not the result of any disagreement regarding the company’s operations, policies or practices.

Who is Bo Wang, the new CFO of MDJM LTD (UOKAF)?
Bo Wang is a director of MDJM LTD since November 2025, a certified public accountant in China, with over ten years of experience in auditing, accounting and financial management, including work at Arthur Andersen and as a financial controller at several international and Chinese companies.

Will Bo Wang receive additional compensation as CFO of MDJM LTD?
No. The company states that Bo Wang will not receive any additional compensation in connection with his appointment as Chief Financial Officer and that he will continue to serve as a director of MDJM LTD.

How is this MDJM LTD (UOKAF) Form 6-K used in existing registration statements?
The report is incorporated by reference into MDJM LTD’s registration statements on Form F-3 (File No. 333-294010) and Form S-8 (File No. 333-278269), and into the prospectuses under those statements, to the extent not superseded by later filings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 September 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 ¨

 

 

 

 

 

 

Resignation of Mr. Mengnan Wang as Chief Financial Officer

 

On September 1, 2026, Mr. Mengnan Wang notified MDJM LTD (the “Company”) of his resignation as the Chief Financial Officer of the Company, effective September 1, 2026. Mr. Mengnan Wang advised the Company that his resignation was due to personal reasons and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

 

Appointment of Mr. Bo Wang as Chief Financial Officer

 

To fill the vacancy created by the resignation of Mr. Mengnan Wang, on September 1, 2026, the Nominating and Corporate Governance Committee of the board of directors (the “Board”) of the Company recommended, and the Board appointed, Mr. Bo Wang, a current director of the Company, to serve as the Company’s Chief Financial Officer, effective September 1, 2026. Mr. Bo Wang will continue to serve as a director of the Company.

 

Mr. Bo Wang has served as a director of the Company since November 2025. He is a certified public accountant in China and has more than ten years of experience in auditing, accounting and financial management. Mr. Bo Wang previously worked as an auditor at Arthur Andersen and served as financial controller at several international and Chinese companies. Since July 2013, he has served as a director of Spark Learning Limited, which provides continuing professional development training, educational consultancy, and educational collaboration and exchange programs between the United Kingdom and China. Mr. Bo Wang received his bachelor’s degree in accounting from Beijing Institute of Business, now known as Beijing Technology and Business University, in 1993.

 

Mr. Bo Wang will not receive any additional compensation in connection with his appointment as Chief Financial Officer.

 

There are no family relationships between Mr. Bo Wang and any director or executive officer of the Company. To the Company’s knowledge, there is no arrangement or understanding between Mr. Bo Wang and any other person pursuant to which he was appointed as Chief Financial Officer. There are no transactions involving Mr. Bo Wang that would be required to be disclosed pursuant to Item 7.B of Form 20-F.

 

Incorporation by Reference

 

This report of foreign private issuer on Form 6-K is hereby incorporated by reference into (i) the registration statement on Form F-3 of the Company (File No. 333-294010), as amended, and (ii) the registration statement on Form S-8 of the Company (File No. 333-278269), as amended, and into the prospectuses outstanding under the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

 

 

 

 

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: September 2, 2026 By: /s/ Siping Xu
  Name: Siping Xu
  Title: Chief Executive Officer and Chairman of the Board of Directors

 

 

 

 

Source: View Original Filing on SEC EDGAR