Dreamland Limited’s (NASDAQ:TDIC) Quiet Period Will Expire on September 1st

Dreamland’s (NASDAQ:TDIC) quiet period will expire on Monday, September 1st. 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. During Dreamland’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Dreamland from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th.

Dreamland Price Performance

Shares of TDIC opened at $3.81 on Friday. Dreamland has a 1-year low of $3.11 and a 1-year high of $6.10.

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.