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Armlogi Holding Priced, Nasdaq: BTOC

US provider of cross-border warehousing and logistics services to customers in China.

Industry: Industrials

Latest Trade: $4.94 0.00 (0.0%)

First Day Return: -7.6%

Return from IPO: -1.2%

Industry: Industrials

We provide one-stop warehousing and logistics services to cross-border e-commerce merchants outside the U.S. who seek to sell in the U.S. market. We currently operate six warehouses across the country, with an aggregate gross floor area of approximately 1,170,000 square feet. Aside from a nationwide footprint and large storage space, our warehouses are equipped with automated sorting systems, heavy-duty forklifts, and pallets and trays that are suitable for processing bulky items. As a one-stop warehousing and logistics service provider, we offer a full spectrum of services, including (i) customs brokerage services; (ii) transportation of merchandise to U.S. warehouses; and (iii) warehouse management and order fulfillment services, which further include (a) product storage and retrieval, (b) product packing and labeling, (c) kitting and repackaging, (d) order assembly and load consolidation, (e) inventory management and sales forecasting, (f) third-party distribution coordination, and (g) other value-added services. We also provide warehousing and logistics services to our U.S.-based commercial customers, who are typically domestic e-commerce merchants seeking efficient and reliable warehousing and logistics solutions to support their operations.
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IPO Data
IPO File Date 09/25/2023
Offer Price $5.00
Price Range $5.00 - $6.00
Offer Shares (mm) 1.6
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/13/2024
Offer Price $5.00
Price Range $5.00 - $6.00
Offer Shares (mm) 1.6
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EF Hutton
Company Data
Headquarters Walnut, CA, United States
Founded 2020
Employees 168
Website www.armlogi.com

Armlogi Holding (BTOC) Performance