Form 8-K - Current report
May 30 2024 - 5:19PM
Edgar (US Regulatory)
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2024-05-30
2024-05-30
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United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
May 30, 2024
Date of Report (Date of earliest event reported)
Armlogi Holding Corp.
(Exact Name of Registrant as Specified in its Charter)
Nevada |
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001-42099 |
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92-0483179 |
(State or other jurisdiction
of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer
Identification No.) |
6201 Fairview Road, Suite 225
Charlotte, North Carolina |
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28210 |
(Address of Principal Executive Offices) |
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(Zip Code) |
(888) 691-2911
Registrant’s telephone number, including
area code
N/A
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Common Stock |
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BTOC |
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The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01 Regulation FD Disclosure.
On May 30, 2024, the
Company issued a press release regarding the signing of a lease for a new warehouse located close to the Port of Savannah in Georgia.
A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 30, 2024
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Armlogi Holding Corp. |
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By: |
/s/ Aidy Chou |
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Name: |
Aidy Chou |
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Title: |
Chief Executive Officer |
Exhibit 99.1
ARMLOGI
Announces EXPANSION AT THE PORT OF SAVANNAH
Eleventh Warehouse to Support Growing Demand
at Key East Coast Logistics Hub
WALNUT, CA, May 30, 2024 (GlobeNewswire) -- Armlogi
Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider
that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced the
signing of a lease for a new 733,200 square foot warehouse located close to the Port of Savannah in Georgia. The Port of Savannah’s
strategic location makes it an ideal transit point connecting the United States and global markets, providing cross-border e-commerce
companies from Asia with direct access to end markets, and accessing 65 percent of the U.S. population within a two-day drive by ground,
water, rail or air.
As a fast-growing seaport in the United States
and one of the major logistics hubs on the East Coast, the Port of Savannah is home to the largest single-terminal container facility
of its kind in North America and is the third busiest container port gateway in the nation, serving 35 weekly services; the most in the
U.S. According to Supply Chain Dive, a news publication that closely monitors the supply chain management industry, “rail
cargo volumes reached 44,902 containers in March 2024, an increase of 22% year over year, handling close to 436,000 total Twenty-foot
Equivalent Units that month, marking a 19% rise year over year.”
Aidy Chou, Chairman and CEO of Armlogi, commented,
“We are thrilled to expand our operations to the Port of Savannah, a critical hub for logistics and supply chain solutions in the
United States. This new warehouse will significantly enhance our capacity to serve our clients with even greater efficiency and speed.
We expect this strategic location of the Port of Savannah will allow us to connect seamlessly with global markets and provide unparalleled
access to a large portion of the U.S. population within two-day transit. Our continued expansion is intended to meet growing demand and
foster the delivery of exceptional service to our clients.”
About Armlogi Holding Corp.
Armlogi Holding Corp., based in Walnut, CA, is
a fast-growing U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions relating
to warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants looking to establish overseas warehouses
in the U.S. market. With eleven warehouses covering over two million square feet, the Company offers comprehensive one-stop warehousing
and logistics services. The Company’s warehouses are equipped with facilities and technology for handling and storing large and
bulky items. For more information, please visit www.armlogi.com.
Safe Harbor Statement
This press release contains forward-looking statements.
In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking
statements on our expectations and projections about future events, which we derive from the information currently available to us. Such
forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our
growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that
are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,”
“anticipates,” “contemplates,” “estimates,” “intends,” “believes,” “plans,”
“projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms.
In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of
the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business.
These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements
are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties
and assumptions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives,
may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us.
Company Contact:
info@armlogi.com
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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