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.