Dreamland Limited’s (NASDAQ:TDIC) Lock-Up Period Will End Tomorrow

Dreamland’s (NASDAQ:TDIC) lock-up period will 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. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Dreamland in a research note on Thursday, October 16th. They issued a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Dreamland Price Performance

Shares of TDIC opened at $0.19 on Friday. The business has a 50 day simple moving average of $0.28. Dreamland has a fifty-two week low of $0.18 and a fifty-two week high of $7.90.

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.