Plutus Financial Group Limited ( (PLUT) ) has provided an update.
On February 6, 2025, Plutus Financial Group Limited successfully closed its initial public offering (IPO) of 2,100,000 ordinary shares, with an additional 150,000 shares sold through an over-allotment option exercised by R.F. Lafferty & Co., Inc. This resulted in $9 million in gross proceeds before expenses. The exercise of the over-allotment option, completed on March 4, 2025, underscores investor confidence and strengthens Plutus Financial Group’s market position, increasing its total issued shares to 14,250,000.
More about Plutus Financial Group Limited
Plutus Financial Group Limited is a Hong Kong-based financial services holding company operating through two primary subsidiaries: Plutus Securities Limited and Plutus Asset Management Limited. Plutus Securities provides securities dealing and brokerage, margin financing, and other financial services, while Plutus Asset Management offers wealth management services, including professional funds management and investment consulting.
YTD Price Performance: 0.75%
Average Trading Volume: 292,581
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