Dreamland surged 80.98% in premarket trading following the announcement of an $18 million equity purchase agreement with Hudson Global Ventures. The deal allows Dreamland to sell up to $18 million in ordinary shares over 24 months, with 736,018 commitment shares issued upfront. The company also entered a registration rights agreement to facilitate resale of these shares, signaling improved financial flexibility. This strategic funding arrangement, disclosed via a Form 6-K filing, aligns with investor optimism about potential capital infusion to support operations.
Comments
No comments yet