IRVINE,
Calif., May 14, 2024 /PRNewswire/ -- Armlogi
Holding Corp. ("Armlogi"), consulted by ATIF Holdings Limited
(NASDAQ: ATIF, "ATIF") (NASDAQ: BTOC), having its initial public
offering on the Nasdaq Exchange. Armlogi is offering of 1,600,000
shares at the open offer price of $5.00 per share to the public, and is about to
raise $8,000,000.
Armlogi Holding Corp.is a California-based warehousing and logistics
services provider that provides supply chain solutions related to
warehousing management and order fulfillment. Armlogi is officially
began trading on the NASDAQ today with an initial public offering
of 1,600,000 shares of common stock, which is expected to close on
or about May 15, 2024.
Jun Liu, President, Chairman of
the Board and Chief Executive Officer of ATIF, said, "I am excited
to participate in Armlogi's Nasdaq listing. As Armlogi's
consultant, I look forward to seeing Armlogi gain additional
resources and opportunities to drive growth and innovation after
its listing on Nasdaq. "The listing is not only a recognition of
Armlogi's past achievements, but also a new starting point for
Armlogi's future growth."
About Armlogi Holdings, Inc
Armlogi Holding Corp., headquartered in California, is a rapidly growing U.S. provider
of warehousing and logistics services that provides supply chain
solutions related to warehouse management and order fulfillment.
The company provides services to cross-border e-commerce merchants
who want to establish overseas warehouses in the US market. With 10
warehouses covering approximately 1,800,000 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.
About ATIF
ATIF Holdings Limited (NASDAQ: ATIF) is a Lake Forest-based business consulting company
that specializes in providing professional IPO, M&A advisory
and post-IPO compliance services to small and medium-sized
companies seeking to go public on a stock exchange in the United States. The company has a proven
track record in successfully delivering comprehensive U.S. IPO
consulting services to clients primarily in the United States but also internationally.
The mission of ATIF is to provide one-stop, comprehensive
consulting services that guide clients through the complex and
often challenging process of going public. ATIF recognizes the
complexity and challenges associated with the process of going
public, and endeavors to simplify it while ensuring optimal
outcomes for its clients through its comprehensive consulting
services. ATIF has been awarded the "Golden Bauhinia Award", the
highest award in the financial and securities industry in
Hong Kong, for "Top 10 Best Listed
Companies".
Forward-Looking Statements
Certain statements in this press release are "forward-looking
statements" within the meaning of the "safe Harbor" provisions of
the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, "estimated," "projected," Words
such as "expect", "anticipate", "predict", "plan", "intend",
"believe", "seek", "may", "will", "should", "future", "propose" and
variations of these words or similar expressions (or the opposite
of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements do not
guarantee future performance, conditions or results and involve a
number of known and unknown risks, uncertainties, assumptions and
other important factors, many of which are outside the Company's
control and may cause actual results or achievements to differ
materially from those discussed in the forward-looking statements.
Important factors include future financial and operating results,
including revenues, income, expenses, cash balances and other
financial items; Ability to manage growth and expansion; Current
and future economic and political conditions; The ability to
compete in industries with low barriers to entry; The ability to
obtain additional financing to fund capital expenditure in the
future. Ability to attract new customers and further enhance brand
awareness; Ability to hire and retain qualified management and key
staff; Trends and competition in the financial advisory services
industry; Pandemic or epidemic disease; Except as required by law,
the Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations. Although the Company believes that
the expectations expressed in these forward-looking statements are
reasonable, the Company cannot assure you that such expectations
will turn out to be correct, and the Company cautions you that
actual results may differ materially from the expected results
expressed or implied by the forward-looking statements we make. You
should not interpret forward-looking statements as predictions of
future events. Forward-looking statements represent only the
beliefs and assumptions of our management as of the date such
statements are made. The above forward-looking statements are made
as of the date of this press release.
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SOURCE ATIF Holdings Limited