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InvestmentJun 30, 2026, 09:01 AM

Dreamland Raises $1.425M in Private Placement of Class A Shares

AI Summary

Dreamland Limited announced it has completed a private placement transaction, raising US$1,425,000 in gross proceeds. The company entered into a securities purchase agreement with Golden Crown Consulting Limited to issue 380,000 Class A ordinary shares at US$3.75 per share. The funds are intended for general working capital and corporate purposes.

Key Highlights

  • Dreamland Limited entered a securities purchase agreement with Golden Crown Consulting Limited.
  • The company issued 380,000 Class A ordinary shares.
  • Shares were sold at a purchase price of US$3.75 per share.
  • The private placement generated aggregate gross proceeds of US$1,425,000.
  • Net proceeds will be used for general working capital and corporate purposes.