Core Points - Dreamland Limited has entered into an Equity Purchase Agreement with Hudson Global Ventures for $18 million, allowing the company to sell ordinary shares at its discretion over the next 24 months [1][2] - The agreement includes the issuance of 736,018 ordinary shares to the investor as part of the consideration [2] - A Registration Rights Agreement was also established, requiring the company to submit a registration statement to the SEC for the resale of the shares involved in the Equity Purchase Agreement [4] Group 1 - The Equity Purchase Agreement allows Dreamland to sell up to $18 million worth of shares to the investor, with the investor obligated to purchase [2][6] - The company will issue 736,018 Commitment Shares to the investor as part of the agreement [2] - The Registration Rights Agreement mandates the company to file a registration statement with the SEC for the resale of the Commitment Shares and Put Shares [4][5] Group 2 - Dreamland Limited specializes in event management services, focusing on organizing and managing themed events for IP owners of animated and live-action characters [7] - The agreements contain customary representations and warranties, establishing the legal relationship between the company and the investor [6]
Dreamland Limited Secures $18 Million Equity Purchase Agreement