---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-102813"
form_type: "8-K"
ticker: "BTOC"
cik: "0001972529"
company_name: "Armlogi Holding Corp."
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T18:14:02.259349+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Armlogi enters $50M SEPA with Yorkville, receives $5M initial tranche of $21M convertible note

## Summary
- $21M convertible promissory note in three tranches; initial $5M received at closing.
- Conversion price lower of $7.5937/share or 94% of 5-day VWAP; floor price $1.1880.
- $50M SEPA allows company to sell stock to YA at 95-97% of market price until Dec 2026.
- Notes bear 0% interest (18% default), mature Nov 2026, with 10% original issue discount per tranche.
- Proceeds for working capital and general corporate purposes; subsidiaries guarantee obligations.

## SEC filing metadata
- accession: 0001213900-24-102813
- form_type: 8-K
- ticker: BTOC
- cik: 0001972529
- company_name: Armlogi Holding Corp.
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1972529/000121390024102813/0001213900-24-102813-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1972529/000121390024102813/ea0222523-8k_armlogi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-102813
- JSON: https://secwatch.observer/filing/0001213900-24-102813.json
- Plain text: https://secwatch.observer/filing/0001213900-24-102813.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.