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Dreamland Limited (Nasdaq: TDIC), a Hong Kong-based event management service provider, has successfully completed its Initial Public Offering (IPO). The company offered 2,000,000 Class A ordinary shares, with 1,340,000 shares from the company and 660,000 from an existing shareholder, at $4.00 per share.
The IPO generated gross proceeds of $5.36 million for Dreamland, before deducting expenses. The funds will be utilized for acquiring IP licenses, developing a ticketing platform, potential strategic acquisitions, department expansion, system upgrades, and working capital. Trading began on the Nasdaq Capital Market on July 23, 2025, under the ticker symbol "TDIC".
Dreamland Limited (NASDAQ:TDIC), a Hong Kong-based event management service provider, has announced the pricing of its initial public offering at $4.00 per Class A ordinary share. The IPO consists of 2,000,000 shares, with 1,340,000 offered by the company and 660,000 by an existing shareholder.
The company expects to raise gross proceeds of $8 million from the offering. Trading is set to commence on July 23, 2025, under the ticker symbol "TDIC" on the Nasdaq Capital Market. The proceeds will fund IP license acquisitions, a ticketing platform development, strategic acquisitions, department expansions, and system upgrades.
Bancroft Capital, LLC is serving as the lead managing underwriter for this firm commitment offering, which is expected to close around July 24, 2025.
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