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Dominari Holdings Announces Change of Record Date and Payment Date for $10 Million Cash Dividend
Prnewswire· 2025-12-12 22:45
Group 1 - Dominari Holdings Inc. announced a special cash dividend of approximately $10 million, equating to about $0.44 per share, with updated record and payment dates [1][2] - The dividend will be payable on or about January 26, 2026, to shareholders of record as of January 5, 2026 [2] - Dominari Holdings operates in wealth management, investment banking, sales and trading, and asset management, while also seeking growth opportunities in AI and Data Center sectors [2] Group 2 - Dominari Securities LLC, a subsidiary of Dominari Holdings, aims to create wealth for stakeholders by capitalizing on emerging trends in the financial services sector [3] - The company emphasizes identifying early-stage opportunities expected to yield high returns for investors [3]
Dominari Holdings Announces $10 Million Cash Dividend
Prnewswire· 2025-12-11 12:00
Core Viewpoint - Dominari Holdings Inc. has announced a special cash dividend of approximately $10 million, equating to about $0.44 per share, payable on January 23, 2026, to shareholders of record as of December 31, 2025 [1] Company Overview - Dominari Holdings Inc. operates as a holding company engaged in wealth management, investment banking, sales and trading, and asset management through its subsidiaries [2] - The company aims to enhance shareholder value not only through organic growth but also by exploring opportunities in sectors such as AI and Data Centers [2] Mission Statement - Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., focuses on creating wealth for stakeholders by leveraging emerging trends in the financial services sector and identifying high-return investment opportunities [3]
Dominari Expands Strategic Leadership with Appointment of Ambassador Jamie McCourt to Advisory Board
Prnewswire· 2025-12-08 13:30
Core Insights - Dominari Holdings Inc. has appointed Ambassador Jamie McCourt to its Advisory Board, enhancing its strategic leadership [2][3] - The company has withdrawn its previously filed $2 billion shelf registration statement, indicating confidence in its financial position and growth outlook [1][4] Group 1: Leadership Appointment - Ambassador Jamie McCourt brings extensive experience in global diplomacy, executive leadership, and entrepreneurship, having served as the U.S. Ambassador to France and as CEO of the Los Angeles Dodgers [2] - Her background includes roles in corporate law, investment, and angel investing, which will contribute to Dominari's strategic capabilities [2][3] Group 2: Financial Position - The withdrawal of the $2 billion shelf registration reflects the company's strong cash and marketable securities balance of $176.2 million and working capital of $198.8 million as of September 30, 2025 [3] - The decision underscores the company's confidence in its financial strength and strategic direction, allowing it to pursue growth initiatives without the need for additional capital [4] Group 3: Company Overview - Dominari Holdings Inc. operates in wealth management, investment banking, sales and trading, and asset management, focusing on enhancing shareholder value through organic growth and new opportunities [5] - The company aims to capitalize on emerging trends in the financial services sector and identify high-return investment opportunities [6]
Dominari 2025 Revenue Surges 703% in First Nine Months, Balance Sheet Strengthens Significantly
Prnewswire· 2025-11-11 13:00
Core Insights - Dominari Holdings Inc. reported a third-quarter revenue of $50.8 million, representing a 1,150% increase year-over-year and a 49% increase from the previous quarter [5] - The company achieved over 700% year-to-date revenue growth, driven by strong underwriting activity and client engagement [2] - Dominari's net income for the quarter was $125.2 million, a significant improvement from a net loss of $4.2 million in the same quarter last year [5] Financial Performance - Revenue for Q3 2025 was $50.8 million, up from $4.0 million in Q3 2024 and $34.1 million in Q2 2025 [5] - Loss from operations improved to $1.6 million from a loss of $3.2 million in Q3 2024 [5] - Other income totaled $127.7 million, largely due to an increase in the market value of investments [5] Balance Sheet Highlights - Total assets increased to $223.4 million, up 374% from $47.1 million at the end of 2024 [5] - Working capital stood at $198.8 million, reflecting a 716% increase compared to the previous year [5] - Total shareholders' equity reached $210.3 million, a 428% increase from $39.9 million at the end of 2024 [5] Strategic Developments - Dominari Securities LLC was approved as a Limited Underwriting member of the New York Stock Exchange effective October 8, 2025 [5] - The company raised over $1.4 billion in capital markets activity year-to-date to support American companies in key innovation sectors [5] - Dominari Holdings aims to enhance shareholder value through organic growth and opportunities in sectors like AI and Data Centers [9]
Dominari (DOMH) - 2025 Q3 - Quarterly Report
2025-11-10 13:03
Revenue and Income - For the three months ended September 30, 2025, the company recognized approximately $50.8 million in revenue from operations, a significant increase from $4.0 million in the same period in 2024[129] - The net income for the three months ended September 30, 2025, was approximately $126.1 million, compared to a net loss of approximately $4.2 million for the same period in 2024[129] - For the nine months ended September 30, 2025, the company reported revenue of approximately $93.0 million, up from $11.6 million in the same period in 2024[131] - The net income for the nine months ended September 30, 2025, was $111.2 million, compared to a net loss of approximately $15.8 million in 2024[131] Marketable Securities - The company recognized net gains of approximately $159.1 million on marketable securities during the quarter, primarily driven by an unrealized gain of $156.4 million from the investment in American Bitcoin Corp.[132] - The company recorded a net realized and unrealized gain on marketable securities of approximately $4.8 million for the nine months ended September 30, 2025[137] Cash Flow and Working Capital - Working capital amounted to approximately $198.8 million as of September 30, 2025, including $156.4 million related to American Bitcoin shares subject to a lock-up period until March 1, 2026[133] - The company incurred a net cash outflow from operating activities of $4.031 million for the nine months ended September 30, 2025, compared to a net cash outflow of $11.902 million in 2024[136] - Cash used in operating activities for the nine months ended September 30, 2025, was $4.0 million, a significant improvement from $11.9 million in the same period of 2024[137] - The company plans to finance its activities through cash flow from operations, which is expected to be sufficient to meet working capital and capital expenditure requirements for at least the next 12 months[133] Other Income and Expenses - The company recorded other income of approximately $127.7 million for the three months ended September 30, 2025, compared to an other expense of $1.0 million in the same period in 2024[130] - The company distributed approximately $1.8 million to holders of non-controlling interests during the three months ended September 30, 2025[139] Investments and Acquisitions - The company completed the acquisition of 100% of a dually registered broker-dealer and investment advisor, renamed Dominari Securities LLC, on March 27, 2023, as part of its growth strategy in the financial services industry[120] - Cash provided by investing activities for the nine months ended September 30, 2025, was approximately $0.9 million, a decrease from $12.5 million in 2024[138] - Sales of marketable securities contributed $15.9 million to cash provided by investing activities in 2025[138] Financing Activities - Cash provided by financing activities for the nine months ended September 30, 2025, was approximately $4.4 million, primarily from common stock issuance of $13.5 million[139] - The company paid dividends of $11.9 million during the nine months ended September 30, 2025[139] Receivables and Commissions - The company experienced an increase in receivables from clearing brokers of $11.6 million for the nine months ended September 30, 2025[137] - The company had an increase in accrued commissions of $2.7 million for the nine months ended September 30, 2025[137]
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Dominari Holdings Inc. (NASDAQ: DOMH)
Prnewswire· 2025-10-27 12:15
Core Viewpoint - Purcell & Lefkowitz LLP is investigating Dominari Holdings Inc. to determine if the company's directors breached their fiduciary duties related to recent corporate actions [1]. Group 1 - The investigation is being conducted on behalf of Dominari Holdings Inc.'s shareholders [1]. - Shareholders interested in more information about their rights and options can contact Purcell & Lefkowitz LLP [2]. - The law firm specializes in representing shareholders who are victims of securities fraud and breaches of fiduciary duty [3].
Dominari Securities Raises Over $1.4 Billion Year-to-Date in Support of American Innovation and Entrepreneurship
Prnewswire· 2025-10-16 12:30
Core Insights - Dominari Securities LLC has raised over $1.4 billion in capital markets activity year-to-date to support American companies in key innovation sectors such as artificial intelligence, defense technology, financial infrastructure, and next-generation computing [1][2]. Group 1: Company Overview - Dominari Holdings Inc. operates through its subsidiaries in wealth management, investment banking, sales and trading, and asset management, aiming to enhance shareholder value through organic growth and opportunities in sectors like AI and Data Centers [5]. - The mission of Dominari Securities LLC is to create wealth for stakeholders by capitalizing on emerging trends in financial services and identifying early-stage opportunities expected to yield high returns [6]. Group 2: Investment Focus - The capital raised by Dominari includes direct investments, structured special purpose vehicles (SPVs), private placements in publicly traded equity (PIPE) transactions, and private placements [2]. - Investments are focused on sectors that reflect American ingenuity and entrepreneurship, including aerospace and defense, artificial intelligence, financial infrastructure, and logistics [4][7]. Group 3: Leadership Statements - Kyle Wool, President of Dominari Holdings, emphasized the importance of American innovation and the role of investors in supporting domestic technologies [2]. - Anthony Hayes, CEO of Dominari Holdings, expressed pride in backing innovators that contribute to the competitiveness and prosperity of the United States [4].
Dominari Securities Appoints Communications and Growth Strategist Brian Parsley to Board
Prnewswire· 2025-09-10 12:30
Core Insights - Dominari Holdings Inc. has appointed Brian Parsley to its Board of Directors to enhance marketing, investor engagement, and strategic communications aimed at driving growth [1] Company Developments - The appointment of Brian Parsley is expected to strengthen the firm's overall marketing strategy and improve investor relations [1] - The strategic communications efforts will be focused on supporting the company's growth initiatives [1]
Trump-backed Bitcoin mining stock jumps 9% after $170M stake
Yahoo Finance· 2025-09-09 23:54
Core Insights - American Bitcoin Corp. (ABTC) shares rose nearly 9% to close at $9.03 after Dominari Holdings disclosed a stake valued at nearly $170 million [1][2] - ABTC, a newly listed Bitcoin miner on Nasdaq, is backed by Donald Trump Jr. and Eric Trump, and began trading on September 3, 2025 [2][8] - The stock has experienced significant volatility since its debut, with a market cap just above $800 million, smaller than established miners like Marathon Digital and Riot Platforms [3] Company Overview - ABTC focuses on large-scale Bitcoin mining and is promoted by the Trump family, which may attract attention due to its political connections [2][9] - Dominari Holdings operates in wealth management, investment banking, trading, and asset management, and is exploring AI infrastructure and data centers [5] Market Reaction - Following its Nasdaq debut, ABTC shares spiked to $14.52 on the first trading day but closed down 45% at $8.01 [3] - Dominari CEO Anthony Hayes described ABTC's listing as a significant milestone and expressed continued support for its growth [3] Investment Considerations - The connection to the Trump family may draw investor interest, but the volatility of ABTC's stock highlights the risks associated with political branding and speculative crypto investments [6] - Investors should consider Bitcoin price fluctuations, mining economics, and U.S. energy policy when evaluating ABTC as an investment opportunity [6]
Dominari Holdings Files $2 Billion Shelf to Support Strategic Expansion
Prnewswire· 2025-08-28 12:15
Core Viewpoint - Dominari Holdings Inc. has filed a shelf registration statement with the SEC, allowing the company to offer and sell up to $2 billion worth of various securities, although there is no current intention to utilize this registration immediately [1]. Company Overview - Dominari Holdings Inc. operates as a holding company engaged in wealth management, investment banking, sales and trading, and asset management through its subsidiaries [3]. - The company aims to enhance shareholder value not only through organic growth but also by exploring opportunities in sectors such as AI and Data Centers [3]. Mission Statement - Dominari Securities LLC, a principal subsidiary of Dominari Holdings, focuses on creating wealth for stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage opportunities expected to yield high returns [4].