Armlogi closes $5M second tranche of pre-paid advance under SEPA with YA II PN

Armlogi Holding Corp.

Second tranche of $21M Pre-Paid Advance disbursed $5M on Dec 17, 2024; 0% interest (18% on default), matures Nov 25, 2026.
Conversion price: lower of $7.5937/share or 94% of lowest 5-day VWAP, floor $1.1880/share (subject to adjustment).
Issued 43,147 common shares on Dec 13, 2024 as partial commitment fee ($500K total fee) per SEPA terms.
Total SEPA allows YA to purchase up to $50M of common stock through Dec 1, 2026; company has received $10M to date.
Proceeds intended to strengthen financial position and support growth initiatives in warehousing/logistics.

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