Stock Titan7/1/2026Neutral (-0.077)
Plutus Financial (PLUT) pushes Choco Up merger Outside Date to Sept. 30, 2026
Plutus Financial Group Limited (PLUT) has extended the "Outside Date" for its merger with Choco Up Group Holdings Limited to September 30, 2026, via a Third Amendment to their Merger Agreement. This extension provides additional time to satisfy the remaining closing conditions, including Nasdaq approval. The acquisition involves Plutus acquiring all outstanding equity interests in Choco Up in exchange for newly issued Class A and Class B ordinary shares, with no changes to the deal's consideration structure.
