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

Dreamland’s (NASDAQ:TDIC) lock-up period is set to expire on Monday, January 19th. Dreamland had issued 2,000,000 shares in its 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 major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Wall Street Analyst Weigh In

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

Dreamland Stock Up 1.4%

TDIC stock opened at $0.20 on Monday. Dreamland has a 1 year low of $0.18 and a 1 year high of $7.90. The company has a 50-day moving average of $0.31.

Dreamland Company Profile

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.