Dreamland Ltd

Dreamland Limited announced it has entered into a securities purchase agreement with Imperial Vision Fund SPC Series 1 SP for a private placement. The company issued 320,000 Class A ordinary shares at US$3.75 per share, raising aggregate gross proceeds of US$1,200,000. The proceeds are intended for general working capital and corporate purposes. The shares were issued in reliance on Regulation S and are subject to transfer restrictions.

Dreamland Limited announced the relocation of its principal executive office. Effective June 10, the company's new address is RM 18E, Billion Plaza Phase 2, 10 Cheung Yue Street, Cheung Sha Wan, Hong Kong. This administrative change was disclosed in a Form 6-K filing.

Dreamland Limited announced a 1-for-25 reverse stock split, which is expected to become effective on June 15, 2026, with split-adjusted trading commencing on the same day. The company's total issued and outstanding share capital will be adjusted from 37,738,905 ordinary shares to approximately 1,509,557 ordinary shares. Fractional shares resulting from the split will be rounded up to the nearest whole share, and the authorized share capital has also been reduced proportionally.

Dreamland Ltd. has received a legal opinion from Conyers Dill & Pearman regarding its corporate governance practices. The Company is adopting certain practices based on Cayman Islands law, its home country, in lieu of specific requirements of the Nasdaq Marketplace Rule 5600 Series. The legal opinion confirms that these home country practices are not prohibited by Cayman Islands law.

Dreamland Limited's subsidiary, Trendic International Limited, has entered into a non-binding Memorandum of Understanding (MoU) with LinkFung Innovation Limited to collaborate on an AI-Powered Intelligent Image Library Platform. The project, estimated to take 12 months, will integrate advanced AI features such as real-time face detection and AI-driven hashtag decoding, supported by scalable cloud infrastructure. While the MoU includes binding provisions for IP and confidentiality, it remains non-binding for the definitive transaction, with no guarantee of a formal service agreement or project completion.

Dreamland Limited's subsidiary, Trendic International Limited, has entered into a non-binding strategic memorandum of understanding (MoU) with LinkFung Innovation Limited, a Hong Kong-based AI and cloud technology firm. This collaboration aims to develop a comprehensive AI-powered intelligent image library platform, integrating advanced AI features like face detection, automated content tagging, and intelligent image filtering, supported by scalable cloud infrastructure and a robust database system. The project is estimated to take twelve months, with IP rights vesting in Trendic upon full payment, though the MoU is generally non-binding regarding a definitive transaction.

Dreamland Limited announced it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement. The company received a letter from Nasdaq confirming that its Class A ordinary shares maintained a closing bid price at or above $1.00 for 10 consecutive business days, from April 21 to May 4, 2026. This resolves the previous non-compliance issue, and the matter is now closed.

Dreamland Limited filed an F-1 registration statement to register up to 18,000,000 Class A Ordinary Shares for sale by Hudson Global Ventures, LLC under an Equity Line of Credit, potentially raising up to $18,000,000. The company recently completed a 1-for-5 reverse stock split on April 20, 2026, to regain compliance with Nasdaq's minimum bid price requirement, with a deadline of May 26, 2026. The filing highlights risks of dilution from the ELOC and potential delisting if Nasdaq compliance is not maintained.