Dominari Holdings Updates Clients and Shareholders on Recent Developments

Dominari Holdings Updates Clients and Shareholders

On March 16, 2026, Dominari Holdings Inc. (NASDAQ: DOMH) released an important letter to its clients and shareholders. This letter was in response to inquiries made by the U.S. House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party regarding the underwriting of initial public offerings (IPOs) by Chinese companies.

Understanding the Context

The company emphasized that they take such inquiries seriously and plan to cooperate fully with the Committee. However, CEO Anthony Hayes assured clients and shareholders that since its establishment in 2023, the revenue derived from IPOs has been minimal for Dominari, accounting for less than 10% of the total revenue. Furthermore, earnings from Chinese IPOs specifically are an even smaller component of their overall financial activity.

Dominari’s Strategic Focus

Hayes pointed out that more than 90% of their total investment banking revenue has come from non-IPO activities. He clarified that Dominari has never substantially participated in the IPO market, particularly regarding Chinese IPOs. This limited engagement concluded in 2024, when Dominari ceased its involvement with Chinese IPOs altogether. Moreover, any activity related to Hong Kong IPOs also stopped in mid-2025, as the company shifted its focus primarily to American firms.

Dominari Holdings aims to support American innovation and job creation, showcasing its commitment through its numerous initiatives. For instance, in the letter, Hayes referenced previous updates that highlighted how the company raised $1.4 billion in support of American startups, as detailed in a letter dated October 16, 2025. Notably, Dominari played a crucial role in raising $345 million for New America Acquisition I Corp, and acted as the exclusive placement agent for Unusual Machines Inc. in two significant transactions last year, raising $40 million in May and $48.5 million in July.

Looking Forward

In conclusion, Dominari Holdings is dedicated to transparency and plans to keep its stakeholders updated as they navigate these inquiries. CEO Anthony Hayes expressed gratitude to clients and shareholders for their ongoing support, reaffirming the company’s mission to foster innovation and growth within the American market.

For those interested in learning more about Dominari Holdings Inc., additional information can be found on their official website at Dominari Holdings.

About Dominari Holdings Inc.

Dominari Holdings Inc. operates through various subsidiaries engaged in wealth management, investment banking, and asset management. The company aims to enhance shareholder value while capitalizing on emerging trends in sectors like AI and data centers. Dominari Securities LLC, its key subsidiary, is focused on creating wealth for stakeholders in the evolving landscape of financial services.

Note: Securities brokerage and investment advisor services are offered through Dominari Securities LLC, a member of FINRA, MSRB, and SIPC. Please consider that these investments may not be FDIC insured and could lead to a loss of principal invested. For more details and a history of Dominari Securities’ professionalism, visit FINRA BrokerCheck.

Furthermore, Dominari advises stakeholders that estimated forward-looking statements made in this letter are based on current assumptions and are subject to various risks that could impact actual results significantly. Therefore, stakeholders are urged to not rely solely on these forward-looking assertions without considering the inherent risks involved.

In summary, Dominari Holdings remains focused on fostering innovation in the U.S. and encourages continued dialogue with all stakeholders during this phase.