Dreamland Limited Announces Pricing of Initial Public Offering

Core Viewpoint - Dreamland Limited, a Hong Kong-based event management service provider, is pricing its initial public offering (IPO) of 2,000,000 Class A ordinary shares at US$4.00 per share, aiming to raise gross proceeds of US$8,000,000 before expenses [1][2] Group 1: Offering Details - The IPO consists of 1,340,000 shares offered by the Company and 660,000 shares by an existing shareholder, with additional resale of 5,416,740 shares by other shareholders [1] - The shares have been approved for listing on the Nasdaq Capital Market under the ticker symbol "TDIC," with trading expected to commence on July 23, 2025 [1] - The Offering is expected to close on or about July 24, 2025, subject to customary closing conditions [1] Group 2: Use of Proceeds - Net proceeds from the Offering will be allocated for acquiring multi-territorial IP licenses, establishing a ticketing platform, potential strategic acquisitions, and expanding marketing and administration departments [2] - Additional uses include upgrading the enterprise resource planning system, repaying loans made by a director related to the Offering, and general working capital [2] Group 3: Company Overview - Dreamland Limited specializes in organizing, planning, promoting, and managing themed touring walk-through experience events for intellectual property owners of animated characters and live-action films [6]