Plutus Financial Group Ltd’s (NASDAQ:PLUT) Quiet Period Set To Expire Tomorrow

Plutus Financial Group’s (NASDAQ:PLUT) quiet period is set to end 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 underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports 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 Performance

PLUT opened at $3.06 on Friday. Plutus Financial Group has a 52 week low of $2.87 and a 52 week 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.