Armlogi holding corp. announces pricing of $8 million initial public offering

Walnut, ca / accesswire / may 14, 2024 / armlogi holding corp. ("armlogi" or the "company") (nasdaq:btoc), a u.s.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced the pricing of its initial public offering (the "offering") of 1,600,000 shares of common stock at a public offering price of $5.00 per share to the public for a total of $8,000,000 of gross proceeds to the company, before deducting underwriting discounts and offering expenses. the company has granted a 45-day option to the underwriters to purchase up to 240,000 additional shares of common stock solely to cover over-allotments, if any.
BTOC Ratings Summary
BTOC Quant Ranking