Plutus Financial Group Ltd

Plutus Financial Group Ltd (PLUT) priced its initial public offering on Feb 6, 2025 at $4.00 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $56.4M. Harneys advised the company and Sichenzia Ross Ference Carmel advised the underwriters.

Plutus Financial Group Ltd is a Cayman Islands holding company operating in Hong Kong through Plutus Securities, which holds a licence for dealing in securities, and Plutus Asset Management. Some of its customers are PRC individuals or companies.

Status

IPO

Ticker

PLUT

Exchange

Nasdaq Capital Market

Priced

Feb 6, 2025

IPO price

$4.00

Market cap at IPO price

$56.4M

First filed

Jan 31, 2024

Company counsel

Harneys

Underwriters' counsel

Sichenzia Ross Ference Carmel

Sector

Financials

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.