Plutus Financial Group Limited Announces Closing of $8.4 Million Initial Public Offering (NasdaqCM: PLUT). The Crone Law Group acted as Counsel to the Issuer.

Written By Bela Vanacore

HONG KONG, Feb. 06, 2025 (GLOBE NEWSWIRE) — Plutus Financial Group Limited (“the “Company”) (NasdaqCM: PLUT), a Hong Kong-based financial services company, announced the closing of its initial public offering (the “Offering”) on February 6, 2025 of 2,100,000 ordinary shares at a public offering price of $4 per ordinary share, for total gross proceeds of $8.4 million. The ordinary shares began trading on Nasdaq Capital Market under the ticker symbol “PLUT” on February 5, 2025. The CLG team was led by Partner, Joe Laxague.

Bela Vanacore
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The Crone Law Group, P.C. acted as Issuer’s Counsel to Fitell Corporation in its Closing of a Registered Direct Offering of up to $10.0 Million (Nasdaq: FTEL).
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