MDJM Ltd. (OTC: UOKAF) Enters into Share Purchase Agreement to Acquire Controlling Stake in Japan-Based Mirai Co., Ltd.
LETHAM,
The closing of the acquisition is subject to customary closing conditions and other conditions set forth in the share purchase agreement. If completed, the acquisition is expected to mark a significant strategic step in the Company's efforts to build global animation intellectual property commercialization and distribution capabilities.
The transaction is being implemented through a coordinated acquisition structure, with support from
Strategic Expansion into Global IP Commercialization
If completed, the acquisition is expected to support the Company's strategic transition from content development toward the establishment of a full-stack IP commercialization capability, aimed at strengthening downstream commercialization and distribution channels.
Expanding Global Market Access Through Japan
- Integrate into a developed animation and commercial ecosystem;
- Expand IP-driven product offerings across
Asia ,Europe , andNorth America ; and - Establish long-term relationships with international distribution channels and platforms.
This is expected to enhance the Company's ability to extend IP value from content creation into sustainable commercial revenue streams.
Financial Consolidation and Revenue Scale Enhancement
Upon completion of the transaction, the Company expects to consolidate Mirai into its financial statements.
Based on historical financial information provided by Mirai, which has not been audited, Mirai has represented an annualized revenue scale of approximately
Such information is derived from historical data currently available to the Company and does not constitute a guarantee or projection of Mirai's future financial performance, nor should it be interpreted as a forward-looking statement. The relevant financial information will be subject to audit and confirmation in accordance with applicable accounting standards following completion of the transaction.
About
Mirai is a
About
Forward-Looking Statements
This announcement contains forward-looking statements. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.
Investor Contact:
WAVECREST GROUP INC.
Phone: +1 718-213-7386
Email: sherry@wavecrestipo.com
View original content:https://www.prnewswire.com/news-releases/mdjm-ltd-otc-uokaf-enters-into-share-purchase-agreement-to-acquire-controlling-stake-in-japan-based-mirai-co-ltd-302771512.html
SOURCE