Plutus Financial Group Completes IPO
Ticker: PLUT · Form: 6-K · Filed: Feb 6, 2025 · CIK: 1933021
| Field | Detail |
|---|---|
| Company | Plutus Financial Group Ltd (PLUT) |
| Form Type | 6-K |
| Filed Date | Feb 6, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0.0001, $4.00, $8,400,000, $6,488,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, offering, registration
TL;DR
Plutus Financial Group just IPO'd 2.1M shares on Feb 6th!
AI Summary
On February 6, 2025, Plutus Financial Group Limited completed its initial public offering (IPO) of 2,100,000 ordinary shares. The shares were offered under a registration statement on Form F-1, as amended, filed with the SEC.
Why It Matters
The completion of an IPO signifies a significant milestone for Plutus Financial Group, potentially providing capital for growth and increasing its public profile.
Risk Assessment
Risk Level: medium — The company is a newly public entity, and its long-term performance and market reception are yet to be fully determined.
Key Numbers
- 2,100,000 — Ordinary Shares (Number of shares offered in the initial public offering)
Key Players & Entities
- Plutus Financial Group Limited (company) — Registrant and issuer of shares
- February 6, 2025 (date) — Date of IPO closing
- 2,100,000 (dollar_amount) — Number of ordinary shares offered in IPO
- Form F-1 (document) — Registration statement form used for the IPO
FAQ
What is the par value of the ordinary shares offered?
The par value of the ordinary shares offered is $0.0001 per share.
Under which form was the registration statement filed?
The shares were offered pursuant to a registration statement on Form F-1, as amended.
What is the company's principal executive office address?
The company's principal executive offices are located at 8/F, 80 Gloucester Road, Wan Chai, Hong Kong.
Is Plutus Financial Group Limited a US or foreign private issuer?
Plutus Financial Group Limited is a foreign private issuer, as indicated by the Form 6-K filing.
What is the SEC file number for this company?
The SEC file number for Plutus Financial Group Limited is 001-42502.
Filing Stats: 332 words · 1 min read · ~1 pages · Grade level 11.2 · Accepted 2025-02-06 11:05:00
Key Financial Figures
- $0.0001 — dinary shares of the Company, par value $0.0001 per share (the “Shares”). T
- $4.00 — sold the Shares at an offering price of $4.00 per share for gross proceeds of $8,400,
- $8,400,000 — f $4.00 per share for gross proceeds of $8,400,000. The net proceeds to the Company from t
- $6,488,000 — wance, and expenses, were approximately $6,488,000. Following the closing of the Offering,
Filing Documents
- form6-k.htm (6-K) — 17KB
- ex99-1.htm (EX-99.1) — 19KB
- ex99-1_001.jpg (GRAPHIC) — 4KB
- 0001493152-25-005120.txt ( ) — 43KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: February 6, 2025 Plutus Financial Group Limited By: /s/ Ting Kin Cheung Ting Kin Cheung Chief Executive Officer EXHIBIT INDEX Exhibit Number Description 99.1 Press Release