Press Release – New York, NY – February 7, 2025 – Sichenzia Ross Ference Carmel LLP announced today that it represented R.F. Lafferty & Co., Inc. and Revere Securities LLC in a $8.4 million initial public offering of ordinary shares of Plutus Financial Group Limited (NasdaqCM: PLUT), a Hong Kong-based financial services holding company operating through two wholly-owned primary subsidiaries – Plutus Securities Limited and Plutus Asset Management Limited. The initial public offering consisted of 2,100,000 ordinary shares issued and sold by Plutus Financial Group Limited at the public offering price of $4.00 per share.
R.F. Lafferty & Co., Inc. acted as lead underwriter for the offering, with Revere Securities LLC acting as co-underwriter.
The Sichenzia Ross Ference Carmel LLP team was led by partners, Benjamin Tan and Matthew Siracusa.
