Burton must face the idea that The Woman in Red may only exist his dreams; Tess starts to learn how to navigate into other people's dreams; Taka connects the group suicide to unexpected sources.
Taka investigates the cult; Burton goes on a business trip and meets a mysterious CEO; Tess endures an unpleasant trip to her mother's house and discovers difficult information.
Taka traces Shadowman, trying to find him in the real world; Tess and Burton search for a missing dreamer; Woody sells out the mayor to Taylor Bennett; Bill Boerg returns.
Tess and Burton follow clues from their shared dream; Taka and Alex connect Shadowman to the people trafficking in dreamers; Shadowman confronts his past.
Burton faces his past with the help of Tess; Shadowman stays a step ahead of Taka and Alex; Woody agrees to help bring Bennett down; Boerg remembers his sister.
Taka and Alex interrogate Shadowman; Tess learns of her mother's history with Bennett's buyer, Dr. Ginsburg; a stranger comes to Shadowman's rescue; the team springs their trap.