Armlogi’s (NASDAQ:BTOC – Get Free Report) lock-up period is set to end 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. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Armlogi Stock Down 2.5 %
Shares of BTOC stock opened at $6.62 on Friday. Armlogi has a fifty-two week low of $3.27 and a fifty-two week high of $8.74. The company has a 50 day simple moving average of $5.06.
Armlogi (NASDAQ:BTOC – Get Free Report) last posted its quarterly earnings results on Thursday, September 26th. The company reported $0.01 EPS for the quarter. The business had revenue of $45.29 million during the quarter.
About Armlogi
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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