Plutus Financial Group (PLUT)
Provides Hong Kong brokerage, financing, custody, and asset-management services.
Plutus Financial Group (NASDAQ:PLUT) Trading Up 0.3% – Still a Buy?
Plutus Financial Group Limited (NASDAQ: PLUT - Get Free Report) shot up 0.3% during trading on Wednesday. The stock traded as high as $3.45 and last traded at $3.45. 6,842 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 10,051 shares. The stock had previously closed at $3.44.
Head to Head Comparison: Plutus Financial Group (NASDAQ:PLUT) and Oaktree Specialty Lending (NASDAQ:OCSL)
Oaktree Specialty Lending (NASDAQ: OCSL - Get Free Report) and Plutus Financial Group (NASDAQ: PLUT - Get Free Report) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, valuation, dividends, profitability, risk and analyst recommendations. Institutional and Insider Ownership 36.8%
Plutus Financial Group Limited Announces Exercise of Underwriter's Over-Allotment Option
Hong Kong, March 04, 2025 (GLOBE NEWSWIRE) -- Plutus Financial Group Limited (“the "Company") (NasdaqCM: PLUT), a Hong Kong-based financial services company today announced that R.F. Lafferty & Co., Inc., who acted as lead underwriter for the Company's underwritten initial public offering (the “IPO”), has exercised a portion of the over-allotment option and purchased an additional 150,000 ordinary shares of the Company at the IPO price of $4.00 per share. As a result, the Company has raised an additional $600,000 as result of the over-allotment, for a total of $9 million in gross proceeds, before underwriting discounts and other related expenses, through the issuance of a total of 2,250,000 ordinary shares in the IPO.
Plutus Financial Group Limited Announces Closing of Initial Public Offering
HONG KONG, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Plutus Financial Group Limited (“the "Company") (NasdaqCM: PLUT), a Hong Kong-based financial services company, today announced the closing of its initial public offering (the "Offering") of 2,100,000 ordinary shares at a public offering price of $4 per ordinary share, for total gross proceeds of $8.4 million, before deducting underwriting discounts and offering expenses. The Offering was conducted on a firm commitment basis. The ordinary shares began trading on Nasdaq Capital Market under the ticker symbol “PLUT” on February 5, 2025.
Plutus Financial Group Limited Announces Closing of Initial Public Offering
Hong Kong, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Plutus Financial Group Limited (“the "Company") (NasdaqCM: PLUT), a Hong Kong-based financial services company, today announced the closing of its initial public offering (the "Offering") of 2,100,000 ordinary shares at a public offering price of $4 per ordinary share, for total gross proceeds of $8.4 million, before deducting underwriting discounts and offering expenses. The Offering was conducted on a firm commitment basis. The ordinary shares began trading on Nasdaq Capital Market under the ticker symbol “PLUT” on February 5, 2025.
