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

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 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 Plutus Financial Group’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end 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 Price Performance

PLUT stock opened at $4.00 on Monday. Plutus Financial Group has a fifty-two week low of $3.20 and a fifty-two 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.