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Plutus Financial Group Priced, Nasdaq: PLUT

Hong Kong-based provider of securities and asset management services.

Industry: Financials

Latest Trade: $2.90 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: -27.5%

Plutus Group provides financial services through our 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 is an exchange participant of the HKEx and mainly offers (i) securities dealings and brokerage services; (ii) margin financing services; and (iii) underwriting and placing services. 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. As a licensed Hong Kong securities broker, Plutus Securities provides a range of services, including: Securities Dealing and Brokerage Services, Margin Financing Services, and Underwriting and Placing Services. As a licensed asset management firm, Plutus Asset Management has developed a professional and efficient research platform with a rigorous investment decision-making system. Our investment management team is composed of senior and capable professionals in helping our customers to maximize their potential returns. Our business lines include: Asset Management Services, and Investment Advisory Services.
IPO Data
IPO Date 02/04/2025
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 2.1
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
R.F. Lafferty & Co.
Revere Securities
Company Data
Headquarters Hong Kong, China
Founded 2018
Employees at IPO 10
Website www.plutusfingroup.com

Plutus Financial Group (PLUT) Performance

Created with Highcharts 10.3.2Chart context menuPLUT vs. IPO Index (IPOUSA)4. Feb8. Feb12. Feb18. Feb22. Feb26. Feb4. Mar8. Mar12. Mar18. Mar24. Mar28. Mar-40%-20%0%+ 20%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexPLUTOur ETF tracks the IPO Index