Dreamland Limited’s (NASDAQ:TDIC) Lock-Up Period Will End on January 19th

Dreamland’s (NASDAQ:TDIC) lock-up period is set to end on Monday, January 19th. Dreamland had issued 2,000,000 shares in its initial public offering on July 23rd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Dreamland in a research report on Thursday, October 16th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Dreamland currently has a consensus rating of “Sell”.

Dreamland Stock Performance

TDIC opened at $0.19 on Wednesday. The firm’s 50-day moving average is $0.30. Dreamland has a 52-week low of $0.18 and a 52-week high of $7.90.

About Dreamland

We are an event management service provider based in Hong Kong with over eight years of experience in managing the entire or part of the event lifecycle for our customers. Events encompass a range of public and private events, from trade shows, conferences, concerts, exhibitions, charity galas, brand promotion events to internal corporate events. For enterprises, events offer a highly effective way to maximize their engagement with customers, helping enterprises to generate and qualify leads, deepen relationships with customers and build brand loyalty and advocacy, such as promotion of a brand by satisfied customers through customers sharing positive experiences on social media, providing referrals to friends and family, or simply telling others about the brand.