Armlogi Holding Corp.’s (NASDAQ:BTOC) Quiet Period Will Expire on June 24th

Armlogi’s (NASDAQ:BTOCGet Free Report) quiet period is set to expire on Monday, June 24th. 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. During the company’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Armlogi Stock Performance

BTOC opened at $5.04 on Monday. Armlogi has a 1-year low of $4.14 and a 1-year high of $6.26.

Armlogi (NASDAQ:BTOCGet Free Report) last issued its quarterly earnings results on Tuesday, June 11th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $38.44 million during the quarter.

About Armlogi

(Get Free Report)

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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