Armlogi holding corp. closes on $5 million second tranche of pre-paid advance under a standby equity purchase agreement

Walnut, ca, dec. 20, 2024 (globe newswire) -- 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 that it has closed on the $5 million second tranche of the pre-paid advance (as defined below) pursuant to a standby equity purchase agreement (the “sepa”) the company entered into with ya ii pn, ltd. (“ya”), a fund managed by yorkville advisors global, lp.
BTOC Ratings Summary
BTOC Quant Ranking