NEW
YORK, Feb. 15, 2024 /PRNewswire/ -- Dominari
Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced
its wholly-owned subsidiary, Dominari Securities LLC, acted as lead
underwriter to Unusual Machines (NYSE American: UMAC), an emerging
leader in first-person view (FPV) drone technology, in an initial
public offering ("Offering") of 1,250,000 shares of common
stock at a public offering price of $4.00 per share for gross proceeds of
$5.0 million before deducting
underwriting discounts and other related expenses.
The shares of Unusual Machines began trading on the NYSE
American on February 14, 2024, under
the ticker symbol "UMAC". The offering is expected to close on or
about February 16, 2024, subject to
the satisfaction of customary closing conditions.
The Offering was conducted on a firm commitment basis. Dominari
Securities LLC, Revere Securities LLC, and R.F. Lafferty & Co.,
Inc. (the "Underwriters") acted as the Underwriters for the
Offering. Nason, Yeager, Gerson, Harris & Fumero, P.A. acted as
U.S. counsel to the Company and Sichenzia Ross Ference Carmel LLP
acted as U.S. counsel to the Underwriters in connection with the
Offering.
A registration statement on Form S-1 relating to the Offering
has been filed with the U.S. Securities and Exchange Commission
(the "SEC") (File Number: 333-270519) and was declared effective by
the SEC on February 13, 2024. The
Offering is being made only by means of a prospectus, forming a
part of the registration statement. Copies of the final prospectus
relating to the Offering, when available, may be obtained from
Dominari Securities LLC by email at info@dominarisecurities.com, by
standard mail to Dominari Securities LLC, 725 Fifth Avenue, 23rd
Floor New York, NY 10022, or by
telephone at (212) 393-4500; or from Revere Securities LLC by email
at contact@reveresecurities.com, by standard mail to Revere
Securities LLC, 650 Fifth Avenue, 35th Floor, New York, NY 10019 USA, or by telephone at
(212) 688-2238; or from R.F. Lafferty & Co., Inc. by email at
info@rflafferty.com, by standard mail to R.F. Lafferty & Co.,
Inc., 40 Wall Street, 29th Floor, New
York, NY 10005 USA, or by telephone at (212) 293-9090. In
addition, copies of the prospectus relating to the Offering may be
obtained via the SEC's website at www.sec.gov.
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-llc-serves-as-lead-underwriter-for-5-million-initial-public-offering-for-unusual-machines-302063402.html
SOURCE Dominari Holdings Inc.