Dominari Holdings Provides Update on Share Repurchase Program

PR Newswire2022-12-28

NEW YORK, Dec. 28, 2022 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) ("Dominari" or the "Company") today provided an update on the $2 million share repurchase program (the "Share Repurchase ...

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(Nasdaq: DOMH) (\"Dominari\" or the \"Company\") today provided an update on the $2 million share repurchase program (the \"Share Repurchase ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dominari-holdings-provides-share-repurchase-140000919.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://finance.yahoo.com/news/dominari-holdings-provides-share-repurchase-140000919.html","article_id":"2294938470","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/szG9enMe4XFGwssR0EsxCQ--~B/aD03NDt3PTQwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/6b572ff2356d674191b40b13c515f0c0"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/dominari-holdings-provides-share-repurchase-140000919.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2294938470","pubTimestamp":1672236000,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"NEW YORK, Dec. 28, 2022 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (\"Dominari\" or the \"Co","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4139":"生物科技","DOMH":"Dominari Holdings"},"translate_title":"Dominari Holdings提供股票回购计划的最新情况","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIKI":0.9,"DOMH":1},"content_text":"NEW YORK, Dec. 28, 2022 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (\"Dominari\" or the \"Company\") today provided an update on the $2 million share repurchase program (the \"Share Repurchase Program\") authorized by the Company's Board of Directors on December 5, 2022.\n\n  \n\nThe Company reported that on December 27, 2022, the Company purchased 4,000 shares of common stock at $3.1012 per share.\nAnthony Hayes, CEO of Dominari, stated, \"The Company's stock is trading at levels we believe are below its intrinsic value. To enhance shareholder value, we are making purchases as part of our recently approved buyback program.\" \nAdditional shares may be repurchased from time to time in open market transactions, or other means in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the \"Exchange Act\"), and Rule 10b -18 of the Exchange Act. The timing, number of shares repurchased, and prices paid for the stock under this program will depend on general business and market conditions as well as corporate and regulatory limitations, including blackout period restrictions.\nAbout Dominari Holdings Inc. \nDominari Holdings Inc. (f/k/a AIkido Pharma Inc.) until recently was focused primarily on the development of a diverse portfolio of small-molecule anticancer and antiviral therapeutics and related patent technology. In September 2022, the Company agreed to acquire a registered broker-dealer and transition its primary business operations to fintech and financial services.  Upon the final closing of this acquisition, the Company's fintech and financial services business will be operated through its subsidiary, Dominari Financial Inc. The Company continues to develop its therapeutics and related patent technology, as well as other ventures, through its subsidiary, Aikido Labs, LLC. \nForward-Looking Statements \nCertain statements in this press release constitute \"forward-looking statements\" within the meaning of the federal securities laws. 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, not limited to Risk Factors relating to its business contained therein. 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.\nContact:     \nInvestor Relations:      \n     Hayden IR     Brett Maas, Managing Partner     Phone: (646) 536-7331     Email: brett@haydenir.com     www.haydenir.com\nDominari Holdings Inc. (f/k/a AIkido Pharma Inc):    \n     Phone: 212-745-1373     Email: investorrelations@aikidopharma.com     www.aikidopharma.com\n\n\n View original content to download multimedia:https://www.prnewswire.com/news-releases/dominari-holdings-provides-update-on-share-repurchase-program-301710486.html\nSOURCE Dominari Holdings Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2294938470"}