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 public offering on May 14th. The total size of the offering was $8,000,000 based on an initial share price of $5.00. After the expiration of Armlogi’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Armlogi Stock Performance
Shares of BTOC opened at $5.81 on Wednesday. Armlogi has a 1 year low of $3.27 and a 1 year high of $8.74. The firm has a fifty day moving average price of $4.93.
Armlogi (NASDAQ:BTOC – Get Free Report) last posted its quarterly earnings results on Thursday, September 26th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $45.29 million for 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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