Armlogi enters forbearance agreement after Floor Price Event on convertible notes; cash payments $3.03M

Armlogi Holding Corp.

Company acknowledged VWAP below floor price of $1.1880 for 5 trading days, triggering Amortization Event on $6.8M outstanding notes.
Agreed to three cash payments of $1,010,000 each on June 6, July 16, Aug 15, 2025; total $3.03M.
Investor forbears through Aug 31, defers amortization, limits conversions to >$1.80/share, reduces Payment Premium from 10% to 1%.
Outstanding principal before payments: Note 1 $2.75M, Note 2 $4.05M as of June 6, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.