On Tuesday, cross-border warehousing and logistics service provider Armlogi Holding(BTOC)mspacman40thanniversary.US) landed on the U.S. stock market and opened up 7%. The gains then widened to now be reported at $5.95. The IPO price is $5 per share.

Armlogi Holding is seeking to sell in the U.S. marketmspacman40thanniversaryCross-border e-commerce merchants outside the United States provide one-stop warehousing and logistics services. The company provides a full range of services, including customs brokerage services, transportation of goods to U.S. warehouses, and order fulfillment services for warehouse management. The company currently operates six warehouses in the United States.