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

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 initial public offering 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, underwriters and any insiders involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Plutus Financial Group Trading Down 3.5 %

Shares of PLUT stock opened at $3.06 on Friday. Plutus Financial Group has a 12-month low of $2.87 and a 12-month high of $4.22.

About Plutus Financial Group

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.