MDJM Ltd Announces $2.45 Million Private Placement [Yahoo! Finance]
MDJM LTD - Ordinary Shares (MDJH)
Company Research
Source: Yahoo! Finance
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 . Each unit will consist of one ordinary share, one Series A warrant, each exercisable into one ordinary share at an exercise price of per ordinary share, which exercise price is subject to standard adjustments for dividends, splits and similar events and is also subject to adjustment for certain dilutive issuances, and upon reset on a Reset Date (as defined in the Series B Warrant), and one Series
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News
- MDJM Ltd Announces $2.45 Million Private PlacementPR Newswire
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- MDJM LTD Appoints Professor Duncan Murray Campbell to Promote Cultural Initiatives in the UKPR Newswire
- MDJM LTD Announces Appointment of Dr. Pei-Kai Cheng as Expert Committee Member to Strengthen Cultural Initiatives in the UK [Yahoo! Finance]Yahoo! Finance