Core Insights - Armlogi Holding Corp. has fully repaid its outstanding debt obligations to YA II PN, Ltd., totaling approximately $10.0 million, as part of a Standby Equity Purchase Agreement [1][2] - The repayment signifies a commitment to deleveraging and enhances the company's financial flexibility, positioning it for growth in the cross-border e-commerce sector [2][3] Company Overview - Armlogi Holding Corp. is a U.S.-based warehousing and logistics service provider, specializing in supply-chain solutions, including warehouse management and order fulfillment [4] - The company operates ten warehouses covering over 3.5 million square feet, catering to cross-border e-commerce merchants looking to establish overseas warehouses in the U.S. market [4] - Armlogi is a member of the Russell Microcap® Index, indicating its presence in the micro-cap segment of the market [4]
Armlogi Announces Its Full Repayment of Outstanding Debt Obligations Pursuant to a Standby Equity Purchase Agreement