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-0.044 -0.0342439024390244 -0.175609756097561 -0.287707317073171 -0.287219512195122 -0.326731707317073 -0.328487804878049 -0.365658536585366
Stock impact report

MDJM Ltd Announces $2.45 Million Private Placement

MDJM LTD - Ordinary Shares (MDJH) 
Company Research Source: PR Newswire
LETHAM, Scotland, Sept.11, 2024 /PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company" or "MDJM"), an integrated global culture-driven asset management company, today announced that it has entered into a securities purchase agreement with institutional investors to raise approximately $2.45 million in aggregate proceeds, before deducting fees to the placement agent and other offering expenses payable by the Company. The closing of the private placement is expected to occur on September 12, 2024, subject to the satisfaction of certain customary closing conditions set forth in the securities purchase agreement.In connection with the private placement, the Company will issue an aggregate of 2,722,224 units. The purchase price per unit is $0.90. Each unit will consist of one ordinary share, one Series A warrant, each exercisable into one ordinary share at an exercise price of $1.35 per ordinary share, which exercise price is subject to standard adjustments for dividends, splits and simila Show less Read more
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