Dreamland Limited (Nasdaq: TDIC) surged 93.41% in premarket trading following the announcement of an $18 million equity purchase agreement with Hudson Global Ventures. The deal allows the company to sell up to $18 million in ordinary shares over 24 months, with 736,018 commitment shares issued to the investor upfront. The agreement also includes a registration rights arrangement to facilitate resale of shares, underscoring improved financial flexibility and investor confidence. The move aligns with the company’s strategy to strengthen its capital structure, directly explaining the sharp premarket rally.
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