MDJM heads to OTC trading as Nasdaq suspension takes effect March 20

NodeGuardian · 2026-03-20T20:24:21+00:00

MDJM LTD (UOKA) will suspend its Nasdaq trading starting March 20, 2026, due to low bid price. The company seeks a hearing to regain compliance and anticipates OTC trading during this time after a reverse stock split.

NodeGuardian

2026-03-20 20:24:21

Abstract generation in progress

MDJM LTD (UOKA) announced that its shares will be suspended from Nasdaq trading effective March 20, 2026, due to failing to maintain a closing bid price of $0.10 or above for 10 consecutive business days. The company plans to request a hearing before an independent Nasdaq Hearings Panel and expects its securities to be eligible for trading on the OTC Markets during this period. MDJM previously effected a 1-for-25 reverse stock split on March 16, 2026, as it explores options to regain Nasdaq compliance.

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