Parent Company Discusses Strategy to Evolve
into a Broader Holding Company with a Focus on Emerging
Technologies
NEW
YORK, March 4, 2025 /PRNewswire/ -- Dominari
Holdings Inc. (Nasdaq: DOMH) (the "Company") today
announced that its wholly-owned subsidiary, Dominari Securities LLC
("Dominari"), has received approval for its Continuing
Membership Application ("CMA") from the Financial Industry
Regulatory Authority ("FINRA"). The Company also provided
additional commentary regarding its plans to develop into a broader
holding company with a focus on emerging technologies.
Dominari Securities Receives Approval to Expand
Following a comprehensive audit and evaluation by FINRA, the
securities firm's CMA has been approved, allowing for the addition
of 50 new seats and expansion of office locations.
Mr. Kyle Wood, CEO of Dominari
Securities LLC, commented, "This approval represents a key
milestone that clears the way for us to expand our securities
operations and our capabilities. With a deeper bench and a broader
range of services, we will be better positioned to support our
clients with investment banking advice, corporate guidance and
access to both private and public capital markets. We appreciate
FINRA's approval. It is extremely beneficial for our securities
business and aligns with our plans to develop other high-impact
business lines and build a valuable holdings enterprise that
fosters American innovation in high-growth industries."
Dominari Holdings Strategic Expansion into Emerging
Technologies
In addition to its ownership of Dominari Securities, Dominari
Holdings recently announced its formation and partial ownership of
American Data Center, establishing its presence in the technology
infrastructure sector. (Announcement available here). Looking
ahead, the Company plans to continue to focus on developing and
investing in next-generation industries within the AI ecosystem,
including:
- Data Centers
- Renewable Energy, Including Nuclear and Small Modular Reactors
(SMRs)
- Quantum Computing
Mr. Anthony C. Hayes, CEO of
Dominari Holdings Inc., commented, "Our work in these targeted
technology sectors is highly accretive to our securities firm, as
it enables us to support early-stage companies through initial
funding rounds and guide them through the IPO process. By combining
our expertise in capital markets with our commitment to
technological advancement, we are uniquely positioned to cultivate
the next generation of industry leaders."
For additional information about Dominari Holdings Inc., please
visit: https://www.dominariholdings.com/
Dominari Securities LLC's Mission Statement:
Dominari Securities LLC, a principal subsidiary of Dominari
Holdings Inc., is a dynamic, forward-thinking financial services
company that seeks to create wealth for all stakeholders by
capitalizing on emerging trends in the financial services sector
and identifying early-stage future opportunities that are expected
to generate a high rate of return for investors.
Securities Brokerage and Registered Investment Adviser Services
are offered through Dominari Securities LLC, a Member of FINRA,
MSRB and SIPC. Securities brokerage, investment adviser and other
non-bank deposit investments are not FDIC insured and may lose some
or all of the principal invested. You can check the background of
Dominari Securities and its registered investment professionals and
review its SEC Form CRS on FINRA's BrokerCheck site at
https://brokercheck.finra.org. Information for Dominari Securities
LLC and its registered investment professionals as well as its SEC
Form CRS may also be found on FINRA's BrokerCheck site.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Words such as "may,"
"might," "will," "should," "believe," "expect," "anticipate,"
"estimate," "continue," "predict," "forecast," "project," "plan,"
"intend" or similar expressions, or statements regarding intent,
belief, or current expectations, are forward-looking statements.
While the Company believes these forward-looking statements are
reasonable, undue reliance should not be placed on any such
forward-looking statements, which are based on information
available to us on the date of this release. These forward-looking
statements are based upon current estimates and assumptions and are
subject to various risks and uncertainties, including without
limitation those set forth in the Company's filings with the SEC,
which include but are not limited to the Risk Factors set forth in
the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2022 relating to its
business. Thus, actual results could be materially different. The
Company expressly disclaims any obligation to update or alter
statements whether as a result of new information, future events or
otherwise, except as required by law.
Contacts:
Dominari Holdings
Inc.
https://www.dominariholdings.com/
Investor Relations
Hayden IR
Brett Maas,
Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/dominari-securities-receives-finra-approval-to-expand-operations-302390428.html
SOURCE Dominari Holdings Inc.
