MDJM Acquires 75% of Mirai Co.

MDJM LTD, through its subsidiary Mansions Catering and Hotel LTD, has completed the acquisition of a 75% equity interest in Mirai Co., Ltd. The transaction, initially disclosed on May 6, 2026, involved the purchase of 45 shares of Mirai's common stock. An amendment to the Share Purchase Agreement was also executed on June 11, 2026. As part of this amendment, MDJM LTD will issue 730,000 Class A ordinary shares to the seller, Leyong Lin, as the third installment of the purchase price, valued at a deemed price of US$0.575 per share. The amendment also incorporates disclosure schedules and includes a special tax audit undertaking and indemnity, where the seller assumes responsibility for losses related to certain disclosed tax audits. The newly issued shares are considered restricted securities and are subject to regulations under the Securities Act of 1933, with the seller representing they are not a U.S. Person and are acquiring the shares for investment purposes with an understanding of the associated risks. The agreement also details the seller's access to MDJM LTD's public filings and their opportunity to ask questions regarding the company and the share issuance.