Armlogi’s (NASDAQ:BTOC – Get Free Report) lock-up period will expire on Monday, November 11th. Armlogi had issued 1,600,000 shares in its IPO on May 14th. The total size of the offering was $8,000,000 based on an initial share price of $5.00. After the end of Armlogi’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Armlogi Trading Down 6.8 %
BTOC stock opened at $6.40 on Monday. Armlogi has a 12-month low of $3.27 and a 12-month high of $8.74. The company has a 50 day simple moving average of $4.87.
Armlogi (NASDAQ:BTOC – Get Free Report) last issued its earnings results on Thursday, September 26th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $45.29 million during the quarter.
Armlogi Company Profile
Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.
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