Armlogi announces full repayment of outstanding debt obligations

Armlogi (BTOC) Holding announced the full repayment of its outstanding debt obligations to YA II PN pursuant to a certain Standby Equity Purchase Agreement dated November 25, 2024, by and between the Company and YA II. Armlogi has, as of October 6, fulfilled its payment obligations due and owing to YA II as stipulated under the SEPA and has fully repaid the outstanding principal balances on the promissory notes evidencing the debt thereunder, totaling approximately $10M. This repayment reflects the Company’s financial position and commitment to deleveraging its balance sheet.