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Ipos overview

Plutus Financial Group Ltd (PLUT)


Company Overview

Proposed Symbol PLUT
Company Name Plutus Financial Group Ltd
Exchange NASDAQ Capital
Share Price $4.00
Employees 10 (as of 02/06/2025)
Status Priced
Shares Offered 2,100,000
Offer amount $8,400,000
Shares Over Alloted
Company Address 8/F., 80 GLOUCESTER ROAD, WANCHAI HONG KONG 00000
Company Phone (852) 2968 1192
Company Website www.plutusfingroup.com
CEO Ting Kin Cheung
State of Inc
Fiscal Year End 12-31
Total Offering Expense $1,240,000.00
Shareholder Shares Offered
Shares Outstanding 14,100,000
Lockup Period (days) 180
Lockup Expiration 2025-08-04 00:00:00
Quiet Period Expiration 2025-03-17 00:00:00
CIK 0001933021
DealId 1284826-108967

Company Description

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. The Company’s business strategy is to practice “Innovation” and “Vigor” in service to its customers. The Company has a development vision is to become a leading Asian financial institution. The Company believes that its greatest responsibility is to create common good with society. The Company will continue to use its influence on financial markets to create a new paradigm. Plutus Group provides financial services through its primary Hong Kong operating subsidiaries, Plutus Securities and Plutus Asset Management. Plutus Securities is licensed with the SFC to carry out Type 1 (dealing in securities) regulated activities and mainly offers (i) securities dealings and brokerage services; (ii) margin financing services; and (iii) underwriting and placing services and is also an exchange participant of the HKEx. Plutus Asset Management is licensed with the SFC to carry out Type 4 (advising on securities) and Type 9 (asset management) regulated activities in Hong Kong and mainly offers (i) asset management services and (ii) investment advisory services to our customers. Our team is familiar with the local and global financial markets and has extensive experience in investment and asset management. Through comprehensive training and our dedication to quality services, our team provides customers with comprehensive professional analysis and investment advice. --- The principal executive offices of the Company are located at 8/F, 80 Gloucester Road, Wan Chai, Hong Kong. Our telephone number at this address is (852) 2968 1192. The Company’s registered office in the Cayman Islands is currently located at the office of Quality Corporate Services Ltd., Suite 102, Cannon Place, P.O. Box 712, North Sound Rd., George Town, Grand Cayman, KY1-9006 Cayman Islands, which may be changed from time to time at the discretion of directors. The Company’s agent for service of process in the United States is The Crone Law Group P.C., 500 Fifth Ave, Suite 938, New York, NY 10110. The Company’s website is www.plutusfingroup.com.