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Armlogi Holding Corp. Announces Letter of Intent to Acquire Leopard Transnational Inc.
Globenewswire· 2025-03-06 21:05
Core Insights - Armlogi Holding Corp. has announced a non-binding Letter of Intent to acquire Leopard Transnational Inc. to enhance its warehousing and e-commerce fulfillment capabilities [1][2][3] - The acquisition aims to incorporate Leopard's 360,000 square feet of storage area, strengthening Armlogi's competitive position in high-growth logistics segments [2][3] - The transaction is expected to be finalized within 60-90 days, subject to due diligence and necessary approvals [4] Company Overview - Armlogi Holding Corp. is a U.S.-based warehousing and logistics service provider, offering comprehensive supply-chain solutions related to warehouse management and order fulfillment [5] - The company operates ten warehouses covering over 3.5 million square feet, catering to cross-border e-commerce merchants [5] - Armlogi's services include specialized handling for diverse product categories and high-volume fulfillment for major marketplaces like Amazon and Walmart [7] Acquisition Details - Under the terms of the Letter of Intent, Armlogi will acquire 100% of Leopard's issued and outstanding capital stock, with consideration including Armlogi common stock and potential earn-out payments [3] - Leopard will operate as a wholly-owned subsidiary of Armlogi post-acquisition, with plans to retain key personnel for operational continuity [3] - The acquisition aligns with Armlogi's growth strategy in the rapidly expanding e-commerce fulfillment sector [3]
Armlogi Reports Increased Shipping Volume with Temu Sellers
Globenewswire· 2025-02-28 13:00
Core Insights - Armlogi Holding Corp. has reported a significant increase in small parcel shipping volume, attributed to its integration with the Temu marketplace [1][2][3] Group 1: Shipping Volume Growth - Small parcel shipping volume rose from 128,744 parcels in November 2024 to 167,298 in December 2024, reflecting a 30% increase [2] - In January 2025, shipping volumes further increased to 194,304 parcels, marking a 16% growth from December [2] - The company has seen consistent month-over-month growth in shipping volumes since being designated as an official authorized warehouse provider for Temu sellers in June 2024 [3] Group 2: Customer Base Expansion - Armlogi now serves over 200 Temu customers, a 29% increase from 155 customers reported in October 2024 [3] Group 3: Operational Strategy - The CEO of Armlogi emphasized the importance of operational excellence and adaptability in logistics infrastructure, particularly in the context of cross-border e-commerce logistics [4] - The company is monitoring potential changes in international trade policies that could impact trade relations with China [4] Group 4: Company Overview - Armlogi Holding Corp. is a U.S.-based warehousing and logistics service provider, offering comprehensive supply-chain solutions for cross-border e-commerce merchants [5] - The company operates ten warehouses covering over 3.5 million square feet, equipped for handling large and bulky items [5]
UMH Properties(UMH) - 2024 Q4 - Earnings Call Transcript
2025-02-27 19:19
UMH Properties, Inc. (NYSE:UMH) Q4 2023 Results Conference Call February 27, 2025 10:00 AM ET Company Participants Craig Koster - Executive Vice President and General Counsel Samuel Landy - President and Chief Executive Officer Anna Chew - Executive Vice President and Chief Financial Officer Eugene Landy - Founder and Chairman Brett Taft - Executive Vice President and Chief Operating Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Rich Anderson - Wedbush C ...
UMH Properties(UMH) - 2024 Q4 - Earnings Call Transcript
2025-02-27 16:02
UMH Properties (UMH) Q4 2024 Earnings Call February 27, 2025 10:00 AM ET Company Participants Craig Koster - Executive VP, General Counsel & SecretarySamuel Landy - President & CEOAnna Chew - EVP, CFO, Treasurer & DirectorEugene Landy - Founder & Chairman of the BoardGaurav Mehta - Managing DirectorBrett Taft - Executive VP & COORob Stevenson - Managing Director - Head of Real Estate ResearchRichard Anderson - Managing Director - Equity ResearchCraig Kucera - MD - Equity Research Conference Call Participant ...
Welltower(WELL) - 2024 Q4 - Earnings Call Transcript
2025-02-12 15:00
Welltower (WELL) Q4 2024 Earnings Call February 12, 2025 09:00 AM ET Company Participants Matthew McQueen - Chief Legal Officer and General CounselShankh Mitra - CEOJohn Burkart - Vice Chairman & COONikhil Chaudhri - Co-President and Chief Investment OfficerTim Mchugh - Co-President and CFOVikram Malhotra - Managing DirectorJonathan Hughes - Managing DirectorNicholas Yulico - Managing DirectorRonald Kamden - Managing Director, Head of US REITs and CRE ResearchRich Anderson - Managing DirectorJuan Sanabria - ...