Plutus Financial Group Ltd’s (NASDAQ:PLUT) Quiet Period Set To End on March 17th

Plutus Financial Group’s (NASDAQ:PLUT) quiet period will expire on Monday, March 17th. Plutus Financial Group had issued 2,100,000 shares in its IPO on February 5th. The total size of the offering was $8,400,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Plutus Financial Group Stock Up 2.6 %

Plutus Financial Group stock opened at $3.17 on Friday. Plutus Financial Group has a 1-year low of $2.87 and a 1-year high of $4.22.

Plutus Financial Group Company Profile

The Mission of Plutus Group “Integrity, Persistence, Professionalism, Innovation and Vitality” are the five core values of Plutus Group. The Company takes “Integrity” as the foundation of our business, “Persistence” as everything customer-oriented, and it provide customers with “Professional” products and quality services.