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Plutus Financial Group Limited ( (PLUT) ) has provided an update.
On December 30, 2025, Plutus Financial Group Limited executed an amendment to its July 9, 2025 merger agreement with Choco Up Group Holdings Limited, extending the deadline by which the transaction must close from December 31, 2025 to March 31, 2026. The extension is intended to provide additional time to satisfy or waive closing conditions, notably the review and approval of the listing application by Nasdaq, and preserves the existing share-for-share structure under which Plutus will acquire all of Choco Up’s outstanding equity interests using newly issued Class A and Class B shares, signalling both parties’ continued commitment to completing the deal despite regulatory timing constraints.
More about Plutus Financial Group Limited
Plutus Financial Group Limited, a Cayman Islands‑incorporated company with principal executive offices in Hong Kong, is listed in the United States as a foreign private issuer and is pursuing a share-based acquisition strategy, including the planned purchase of Choco Up Group Holdings Limited through an all-share merger structure using new Class A and Class B ordinary shares.
Average Trading Volume: 17,326
Technical Sentiment Signal: Hold
Current Market Cap: $47.45M
Learn more about PLUT stock on TipRanks’ Stock Analysis page.