An announcement from Armlogi Holding Corp (BTOC) is now available.
Armlogi Holding Corp. launched its initial public offering on May 13, 2024, offering 1.6 million shares at $5 each, with the option for underwriters to buy additional shares to cover over-allotments. The company’s shares began trading on the Nasdaq under the ticker “BTOC” the following day. The IPO closed on May 15, and the underwriters were granted warrants to purchase more shares at a premium. This move signifies a strategic step for Armlogi as it enters the public market and expands its financial horizons.
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