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Armlogi Holding opens at $5, IPO priced at $5 per share

Armlogi Holding (BTOC) priced 1.6M shares at $5.00 per share. EF Hutton acted as sole book running manager for the offering. Armlogi is a U.S.-based warehousing and logistics service provider that offers supply-chain solutions related to warehouse management and order fulfillment. The company says it “caters to cross-border e-commerce merchants looking to establish overseas warehouses in the U.S. market.”

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