MDJM Ltd. said it expects to start trading its ordinary shares on the Nasdaq Capital Market on Jan. 8 under MDJH ticker.
The China-based emerging real estate services company also sold 19,361 additional ordinary shares in the second closing of its IPO on Jan. 4, at the same per-share price of $5.00 apiece. The sale brings the total proceeds of the offering to about $6.3 million.
Network 1 Financial Securities Inc. was the sole underwriter for the offering, with Hunter Taubman Fischer & Li LLC acting as counsel to the company and Mei & Mark LLP as counsel to the underwriter.