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AI chipmaker Cerebras files to go public after scrapping IPO plans last year

Fri, 17 Apr 2026 12:59:00 GMT

Cerebras , a producer of chips that run artificial intelligence models, on Friday filed to go public on Nasdaq under the ticker symbol “CBRS.”

Cerebras reported a $87.9 million in net income on $510 million in revenue during 2025, according to Friday’s filing . Revenue grew nearly 76% from 2024, when the company had a $485 million net loss. Cerebras said it had $24.6 billion in remaining performance obligations as of Dec. 31, with an expectation to recognize 15% of the sum in 2026 and 2027.

When Cerebras sought to go public the first time around in 2024, it said one company, Microsoft -backed G42, based in the United Arab Emirates, contributed 87% of revenue for the first half of that year. In 2025, 24% of Cerebras’ revenue came from G42, Friday’s filing showed. But another customer, Mohamed bin Zayed University of Artificial Intelligence, a public institution based in the United Arab Emirates, provided 62% of revenue in 2025.

For years, Cerebras sought to sell chips to companies, but it has begun operating the chips inside its own data centers as a cloud service on behalf of clients. The company now counts Amazon, Microsoft, Alphabet , Oracle and CoreWeave among its competitors.

In January, Cerebras touted plans to provide up to 750 megawatts of computing power to OpenAI through 2028. The deal is valued at over $20 billion, Cerebras said. The contract calls for Cerebras making available 250 megawatts each year between 2026 and 2028. OpenAI can buy an additional 1.25 gigawatts worth of computing power through Cerebras through 2030, according to the filing.

OpenAI’s expanded relationship with Cerebras is worth over $20 billion, one person said. The Information previously reported on the arrangement.

In December, Cerebras issued OpenAI warrants to purchase up to 33.4 million shares of non-voting Class N stock, and in January, Cerebras received a $1 billion loan from OpenAI, with a 6% annual interest rate, to build data center infrastructure and provide services as part of a broader agreement, according to the filing. Cerebras can repay the loan in cash or by delivering products or services as part of the deal. The warrant only vests in full if OpenAI buys 2 gigawatts worth of computing power from Cerebras.

The OpenAI alliance “represents a substantial portion of our projected revenues over the next several years,” Cerebras said. At the same time, OpenAI has the right to end part or all of its agreement with Cerebras if the chipmaker fails to provide computing power on time, or if its service falls below a certain threshold.

In March, Cerebras signed a deal with Amazon that will enable cloud services on top of Cerebras chips and allow the commerce company to buy about $270 million in Cerebras’ Class N stock.

On Oracle’s March earnings call, CEO Clay Magouyrk mentioned that the database and cloud company offers chips from Cerebras and other suppliers. But at the time, Oracle’s price list did not contain references to Cerebras. Friday’s filing did not mention any business with Oracle.

Cerebras supplies OpenAI with cloud-based computing power to operate an AI-assisted coding tool. Many companies that build and deploy generative AI models rely on Nvidia’s graphics processing units, or GPUs. Advanced Micro Devices has made inroads in AI infrastructure as well.

On its website , Cerebras says its Wafer Scale Engine 3 chips work at higher speed and for lower cost in comparison with GPUs. It has picked up new business by emphasizing the high speed that its large-scale processors can deliver, particularly for responding to queries from end users.

The company announced plans for an initial public offering in 2024 but withdrew the paperwork last year to add information on financial performance and strategy.

Retail investors are thirsty for IPOs from large and growing technology companies after a relative drought that began in 2022. AI companies Anthropic and OpenAI are considering going public as soon as this year.

In February, Cerebras said it raised $1 billion in financing at a $23 billion round.

In September, days before withdrawing the IPO paperwork, Cerebras said it had raised a $1.1 billion funding round at an $8.1 billion valuation.

Cerebras was founded in 2016 and is based in Sunnyvale, California, with 708 employees as of Dec. 31. Andrew Feldman, the startup’s co-founder and CEO, sold server startup SeaMicro to AMD for $355 million in 2012.

Feldman has said that in 2018, Tesla CEO Elon Musk tried to buy Cerebras. Investors include Alpha Wave, Benchmark, Eclipse, Fidelity and Foundation Capital, according to Friday’s filing. Cerebras’ website also lists OpenAI CEO Sam Altman as an investor.

Morgan Stanley, Citigroup, Barclays and UBS are among the top underwriters in the offering, according to Friday’s regulatory filing. Earlier this week Cerebras obtained from Morgan Stanley a revolving credit facility with access to up to $250 million, with an option to increase the limit to $850 million after the IPO.

Cerebras said in the filing that it doesn’t own the data centers it relies on to offer cloud services, but it might build its own in the future.

CNBC reported earlier that the company had plans to file the paperwork on Friday, citing two people familiar with the matter. The people spoke on condition of anonymity to discuss internal matters. Cerebras declined to comment.

— CNBC’s Seema Mody contributed to this report.

Genius Group Announces Pricing of $8 Million Registered Direct Offering

Wed, 15 Apr 2026 18:30:26 GMT

SINGAPORE, April 15, 2026 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education group, today announced it has entered into a securities purchase agreement with certain investors, including American Ventures LLC as lead investor for the purchase and sale of 21,621,621 million shares of ordinary shares (or pre-funded warrants in lieu thereof) in a registered direct offering (the "Offering") at a public offering price of $0.37 per share.

D. Boral Capital LLC is acting as the exclusive placement agent for the Offering.

The closing of the Offering is expected to occur on or about April 16, 2026, subject to the satisfaction of customary closing conditions. The Company expects to receive aggregate gross proceeds of $8 million from the Offering, before deducting placement agent fees and other related expenses.

The Company intends to use $5.5 million of the net proceeds from the Offering to fund the acquisition of a Senior Secured Convertible Promissory Note that is immediately convertible into 9.9% of the equity of Jewel Financial Limited, the sole shareholder of Jewel Bancorp Limited, Bermuda’s only dual-licensed digital bank, progressing its previously announced GENIUS Act plans of becoming a Permitted Payment Stablecoin Issuer and Digital Asset Service Provider.

In addition to the cash consideration, the Company will issue 15,000,000 ordinary shares to the sellers at a deemed price of $0.40 per share as further consideration for the acquisition.

Jewel Bancorp Limited holds both a full banking license and a Class F digital asset business license issued by the Bermuda Monetary Authority under the Digital Asset Business Act 2018. Jewel Bank is developing a US dollar-denominated stablecoin (JUSD) and digital asset banking services, including custody, settlement, and stablecoin infrastructure. The remainder of the net proceeds will be used to support working capital needs and general corporate purposes.

The ordinary shares (or pre-funded warrants in lieu thereof) are being offered by the Company pursuant to an effective shelf registration statement on Form F-3 (Registration No. 333-288534), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on July 18, 2025.

A prospectus supplement describing the terms of the proposed registered direct offering will be filed with the SEC. Once filed, it will be available on the SEC’s website at http://ww.sec.gov and on the Company’s website at https://ir.geniusgroup.net . A copy of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained, when available, from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 404-7002, or by email at syndicate@dboralcapital.com .

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Genius Group

Genius Group (NYSE American: GNS) is an Education Group delivering AI-powered education and acceleration solutions for the future of work. Genius Group serves 6 million users in over 100 countries through its Genius School, Genius Academy, Genius Resorts and Genius City models. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise, and government level. To learn more, please visit https://www.geniusgroup.ai/

Details of the Genius Group’s GENIUS Act plans, including becoming a Permitted Payment Stablecoin Issuer and Digital Asset Service Provider, and launching its GEMs (Genius Education Merits) and Genius Wallet can be found here .

About Jewel Bancorp Limited

Jewel Bancorp Limited is a Bermuda exempted company that holds both a full banking license and a Class F digital asset business license issued by the Bermuda Monetary Authority under the Digital Asset Business Act 2018, making it Bermuda's only dual-licensed digital bank. Jewel Bank is developing a US dollar-denominated stablecoin (JUSD) and digital asset banking services, including custody, settlement, and stablecoin infrastructure. The Bank is pending final approvals and launch, which is anticipated later this year. A portion of the net proceeds from this Offering will be used to fund the Company's acquisition of a Senior Secured Convertible Promissory Note immediately convertible into 9.9% of the equity of Jewel Financial Limited, the sole shareholder of Jewel Bancorp Limited.

Forward-Looking Statements

Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends, and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. These risks include, but are not limited to, the ability to complete the offering on the terms described or at all, the ability to satisfy customary closing conditions, market conditions, regulatory developments affecting the digital asset and stablecoin industries, and other risks described in the Company’s filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information, or otherwise.

Contacts

For enquiries, contact investor@geniusgroup.ai

Aureus Greenway Holdings Announces $50 Million Strategic Investment in Powerus from KCGI

Thu, 09 Apr 2026 18:20:59 GMT

Investment supports Powerus’s U.S. and South Korean manufacturing scale which is expected to meet growing demand for domestically produced autonomous defense systems; combined company expected to trade on Nasdaq under ticker symbol “PUSA” upon closing

KISSIMMEE, Fla., April 09, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (Nasdaq: AGH) (the “Company”) today announced that Autonomous Power Corporation, doing business as “Powerus”, its proposed merger target, closed a $50 million strategic investment from KCGI Innovative Growth ESG Private Equity Fund 1 and KCGI Innovative Growth ESG Private Equity Fund 1-1 (together, “KCGI”), the Korea Climate & Governance Investment Fund, a Seoul-based investment group. The capital is expected to be deployed to scale manufacturing capacity for Powerus’s autonomous defense systems across facilities in the United States and South Korea and for general working capital purposes.

Matthew J. Saker, Interim Chief Executive Officer of AGH stated, “The need for and uses of autonomous technologies, such as those produced by Powerus, remain front page news given developments in the Middle East and elsewhere. I believe the business combination in connection with today’s investment supports this being a compelling opportunity for Aureus Greenway Holdings stockholders.”

“This investment allows us to build at the pace the mission requires,” said Andrew Fox, Founder and Chief Executive Officer of Powerus. “Scaling production in the United States and South Korea, with an ally-sourced supply chain, is not just a business decision. It is the right way to build defense technology at a moment when the origin of components and the integrity of the supply chain matter as much as the capability of the system itself.”

Kang Sung-boo, Chief Executive Officer of KCGI, added: “Autonomous defense systems built on trusted supply chains and manufactured by allied nations represent exactly the kind of long-term infrastructure investment KCGI was designed to support. In partnership with Powerus, we aim to develop a robust drone manufacturing ecosystem in Korea and deepen strategic collaboration with leading domestic drone and aerospace suppliers.”

ABOUT POWERUS

Powerus builds and scales unified autonomous systems architecture designed to move, protect, and sustain critical assets in high-risk environments. The company develops next-generation autonomous drone infrastructure and technologies for defense and critical infrastructure, with production scaled through U.S.-based manufacturing and strategic partners. Powerus operates through wholly owned subsidiaries Kaizen Aerospace, Tandem Defense, and Agile Autonomy. For more information, visit power.us .

Merger Agreement

Powerus recently entered into a definitive merger agreement with Aureus Greenway Holdings Inc. (Nasdaq:AGH), which is expected to result in a combined company operating under the name “Powerus Corporation” upon meeting certain closing conditions including the effectiveness of a registration statement on Form S-4 covering shares of common stock offered to Powerus stockholders and receipt of required regulatory approvals. Such closing conditions might never be met and the merger might never occur. Upon completion the combined company expects to be listed on Nasdaq under the ticker symbol “PUSA.”

ABOUT KCGI

KCGI is a Seoul-based investment group and private equity platform in South Korea. This investment was made through KCGI’s “Innovation & Growth ESG Fund.” Since its establishment in 2018, KCGI has delivered strong returns through improvements in corporate governance, enhanced ESG practices, and the development of new growth drivers at portfolio companies. For more information, visit kcgifund.com .

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the collaboration and the proposed business combination and anticipated benefits thereof, including future financial and operating results, statements related to the expected timing of the completion of the transactions, the plans, objectives, expectations and intentions of Powerus or AGH or of the combined company following the merger, anticipated future results of Powerus or AGH or of the combined company following the merger, the anticipated benefits and strategic and financial rationale of the collaboration or the merger and other statements that are not historical facts. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “targets,” “scheduled,” “plans,” “intends,” “goal,” “anticipates,” “expects,” “believes,” “forecasts,” “outlook,” “estimates,” “potential,” or “continue” or negatives of such terms or other comparable terminology. The forward-looking statements are based on current expectations and assumptions believed to be reasonable, but there is no assurance that they will prove to be accurate.

NO OFFER OR SOLICITATION

IMPORTANT INFORMATION AND WHERE TO FIND IT

In connection with the proposed merger, AGH will file a registration statement on Form S-4 with the SEC, which will include an information statement and preliminary prospectus of AGH. After the registration statement is declared effective, AGH will mail to its stockholders a definitive information statement. Additionally, AGH expects to file other relevant materials with the SEC in connection with the merger. Investors and security holders are urged to read the registration statement and joint information statement/prospectus when they become available (and any other documents filed with the SEC in connection with the transaction or incorporated by reference into the joint information statement/prospectus) because such documents will contain important information regarding the proposed transaction and related matters. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by AGH through the website maintained by the SEC at http://www.sec.gov or at AGH’s website at https://www.aureusgreenway.com/secfilings .

Investor Relations

Ir@aureusgreenway.com

Press Contact

Maripat Finigan

SVP, Strategic Communications

pr@powerus.com

+1 860-508-3828

Datacentrex Announces Pricing of $20.17 Million Confidentially Marketed Public Offering at $2.00 per Share

Thu, 26 Mar 2026 18:15:46 GMT

SALT LAKE CITY, March 26, 2026 (GLOBE NEWSWIRE) -- Datacentrex, Inc. (Nasdaq: DTCX) (“Datacentrex” or the “Company”), a digital infrastructure and capital deployment company that owns and operates Scrypt compute assets and evaluates strategic transactions across asset-backed operating businesses, today announced the pricing of its confidentially marketed public offering (the "Offering") of common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock, at a public offering price of $2.00 per share (inclusive of the pre-funded warrant exercise price).

The Company expects to receive aggregate gross proceeds of $20.17 million from the Offering, before deducting placement agent fees and other related expenses. The Offering is expected to close on or about March 30, 2026, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes.

Dominari Securities LLC is acting as the exclusive placement agent for the Offering.

The Offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-286951), including a base prospectus, initially filed with the U.S. Securities and Exchange Commission (the "SEC") on May 2, 2025, and declared effective by SEC on May 30, 2025.

A preliminary prospectus supplement and accompanying shelf prospectus relating to the Offering and describing the terms of thereof has been filed with the SEC on March 26, 2026 and forms a part of the effective registration statement, and is available on the SEC's website located at http://www.sec.gov . Electronic copies of the preliminary prospectus supplement and the accompanying base prospectus may be obtained, by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave., 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com, or by telephone at (212) 393-4500. The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC, which will be available for free on the SEC's website at www.sec.gov .

About Datacentrex

Datacentrex is a digital infrastructure and capital deployment company that owns and operates Scrypt compute assets and evaluates strategic transactions across asset-backed operating businesses. Our current operating platform is centered on owned and operated Scrypt-based proof-of-work compute deployed through third-party colocation facilities. Datacentrex monetizes this compute primarily through hashrate marketplace mechanisms and manages a treasury of digital assets and cash in a manner intended to preserve capital and support opportunistic, accretive deployment.

For more information, please visit https://datacentrex.com/ . Information on the Company’s website does not constitute a part of and is not incorporated by reference into this press release.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to the Offering. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements, including the satisfaction of customary closing conditions related to the Offering, the intended use of the expected proceeds from the Offering and other statements that are not purely statements of historical fact. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements. Other risks are contained in the Company's filings with the SEC, including in the Company's prospectus supplement relating to the Offering, Annual Report on Form 10-K, as amended, and in subsequent reports on Forms 10-Q and 8-K. Investors and security holders are urged to read these documents free of charge on the SEC's website at: http://www.sec.gov . Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Company Contact

Datacentrex Investor Relations

ir@datacentrex.com

800-403-6150

Powerus Appoints General CQ Brown Jr., Former Chairman of the Joint Chiefs of Staff, as Executive-in-Residence and Senior Advisor

Tue, 24 Mar 2026 18:07:48 GMT

Powerus recently announced a proposed merger with Aureus Greenway Holdings Inc. (Nasdaq:AGH), positioning Powerus to become publicly traded upon completion.
Nation's former highest-ranking military officer joins autonomous systems company to advise on defense strategy, technology integration, and national security partnerships.

WEST PALM BEACH, FL / ACCESS Newswire / March 24, 2026 / Powerus, a U.S.-based autonomous systems company building next-generation drone infrastructure for defense and critical infrastructure, today announced that General CQ Brown Jr., USAF, Ret., former Chairman of the Joint Chiefs of Staff, has joined the company as Executive-in-Residence and Senior Advisor.

As the 21st Chairman of the Joint Chiefs of Staff, the nation's highest-ranking military officer, General Brown served as the principal military advisor to the President, Secretary of Defense, and National Security Council. As a Four-Star General, he brings nearly four decades of leadership overseeing global air operations, modernization initiatives, and the integration of emerging technologies across the U.S. Air Force and the broader Department of Defense.

In his new role, General Brown will advise Powerus on defense strategy, autonomous systems deployment, and national security partnerships, helping position the company at the forefront of U.S. leadership in AI-enabled autonomy and modern battlefield capabilities.

"Throughout my career, I've seen how the pace of technological change determines who leads and who falls behind. The companies that will define the future of American defense are the ones building real capability right now, not waiting for permission," said General CQ Brown Jr. "Powerus is doing exactly that. I'm joining because accelerating change to advance American autonomous systems isn't optional; it's a must."

"During my time supporting special operations and intelligence missions targeting terrorist networks, drones proved to be one of the most powerful tools on the battlefield," said Brett Velicovich, Co-Founder of Powerus, U.S. Army veteran and former special operations intelligence analyst. "General Brown spent his career shaping the future of American airpower and integrating next-generation technologies across the U.S. military. His experience means that the operational realities of the battlefield and the strategic vision of U.S. defense leadership are now embedded in everything we build."

About Powerus

Merger Agreement

FORWARD-LOOKING STATEMENTS

Additional factors which could affect future results of AGH and Powerus can be found in AGH's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC's website at http://www.sec.gov . Neither Powerus nor AGH undertakes any obligation to update forward-looking statements, except as required by law.

NO OFFER OR SOLICITATION

IMPORTANT INFORMATION AND WHERE TO FIND IT

In connection with the transaction, AGH will file a registration statement on Form S-4 with the SEC, which will include an information statement and preliminary prospectus of AGH. After the registration statement is declared effective, AGH will mail to its stockholders a definitive information statement. Additionally, AGH expects to file other relevant materials with the SEC in connection with the merger. Investors and security holders are urged to read the registration statement and joint information statement/prospectus when they become available (and any other documents filed with the SEC in connection with the transaction or incorporated by reference into the joint information statement/prospectus) because such documents will contain important information regarding the proposed transaction and related matters. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by AGH through the website maintained by the SEC at http://www.sec.gov or at AGH's website at https://www.aureusgreenway.com/secfilings .

CONTACTS

INVESTOR RELATIONS

Jason Assad

678-570-6791

Press Contact :

Maripat Finigan

SVP, Strategic Comms

powerus@escalatepr.com

+1 860-508-3828

SOURCE: Powerus

Aureus Greenway Holdings Inc. Announces $20 Million Bridge Loan to Powerus

Mon, 23 Mar 2026 17:59:46 GMT

Proceeds Intended to Support Manufacturing Readiness and Inventory Levels for Key Programs

WEST PALM BEACH, Fla., March 23, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (Nasdaq: AGH) today announced that it has entered into a $20 million bridge loan arrangement with Autonomous Power Corporation, doing business as Powerus (“Powerus”), to provide working capital and support continued execution ahead of the parties’ previously announced definitive business combination agreement.

Aureus Greenway Holdings and Powerus previously announced a definitive agreement for a business combination expected to create a publicly traded platform for autonomous systems across air, land, and sea, focused on defense, critical infrastructure, and precision agriculture markets.

As part of the bridge loan, Aureus Greenway Holdings will provide Powerus with a $20 million bridge loan intended to support near-term working capital needs and continued execution toward the expected closing of the proposed transaction, subject to customary conditions and approvals.

Proceeds are intended to support manufacturing readiness and inventory levels for key programs, including “Guardian-1” counter-drone interceptors, “FireShield” autonomous firefighting systems, and “SPY”, Powerus’s domestically oriented thermal-capable platform designed as an alternative for customers seeking non-PRC supply chain options.

“Providing this bridge financing reflects our continued confidence in the Powerus platform and our commitment to supporting execution as we work toward closing the proposed business combination,” said Matthew J. Saker, Interim Chief Executive Officer of Aureus Greenway Holdings Inc. “This capital is intended to support operational momentum and manufacturing readiness, which we believe will be important to building long-term value as the transaction advances.”

Andrew Fox, Founder and Chief Executive Officer of Powerus, stated, “This bridge loan strengthens our ability to execute near-term manufacturing objectives and maintain the inventory and production cadence required by our business plan. It supports continued progress as we work toward the proposed closing and helps position us to meet demand across key programs, subject to customer requirements and applicable approvals.”

ABOUT AUREUS GREENWAY HOLDINGS INC.

MERGER WITH AUTONOMOUS POWER CORPORATION

AGH entered into a definitive business combination agreement with Autonomous Power Corporation (d/b/a “Powerus”) which is expected to result in a combined company operating under the name "Powerus Corporation" upon meeting certain closing conditions. Such closing conditions might never be met, and the merger might never occur. Upon completion, Powerus will focus on supporting the American drone industry dominance through domestic manufacturing, autonomous systems innovation, and strategic defense partnerships.

ABOUT POWERUS

Autonomous Power Corporation, doing business as Powerus, is building a platform for acquiring, integrating, and scaling autonomous systems intended for demanding environments across defense, critical infrastructure, and precision agriculture. Powerus operates through wholly owned subsidiaries including Kaizen Aerospace, Tandem Defense, and Agile Autonomy. For more information, visit power.us .

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the proposed business combination between AGH and Powerus, the expected timing of completion of the transaction, the expected use of proceeds from the bridge loan, and anticipated operational and manufacturing initiatives. Forward-looking statements may be identified by words such as “may,” “will,” “should,” “plans,” “intends,” “expects,” “believes,” “estimates,” “anticipates,” “potential,” “continue,” or similar expressions, or the negatives of such terms. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. There can be no assurance that the proposed transaction will be consummated or as to the timing of any such consummation.

Actual results may differ materially due to a number of factors, including, among others: (1) the risk of delays in consummating the proposed transaction, including as a result of required regulatory and stockholder approvals; (2) the risk that a condition to closing the transaction may not be satisfied; (3) the possibility that anticipated benefits of the proposed transaction will not be realized within the expected timeframe; (4) disruption to the parties’ businesses as a result of the announcement and pendency of the proposed transaction; (5) the ability of Powerus to execute its operating plan and manufacturing initiatives; (6) changes in applicable laws or regulations; and (7) other risks and uncertainties described in AGH’s filings with the SEC. Additional factors can be found in AGH’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, each filed with the SEC and available at sec.gov . Neither AGH nor Powerus undertakes any obligation to update forward-looking statements, except as required by law.

NO OFFER OR SOLICITATION

This communication is for informational purposes only and is not intended to and shall not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell, any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws.

IMPORTANT INFORMATION AND WHERE TO FIND IT

In connection with the proposed transaction, AGH expects to file a registration statement on Form S-4 with the SEC, which will include an information statement and preliminary prospectus of AGH. After the registration statement is declared effective, AGH will mail to its stockholders a definitive information statement that will form part of the registration statement on Form S-4. Investors and security holders are urged to read the registration statement and the joint information statement/prospectus when available because they are expected to contain important information about AGH, Powerus, and the proposed transaction. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by AGH through the SEC’s website at sec.gov or at AGH’s website at aureusgreenway.com/secfilings .

MEDIA AND INVESTOR RELATIONS

Ir@aureusgreenway.com

JFB Announces XTEND’s $8.8M U.S. Government Contract Strengthening U.S. AI and Manufacturing Capabilities

Mon, 23 Mar 2026 17:53:14 GMT

Completion and Delivery of $8.8 million U.S. Government Contract Demonstrates XTEND's Systems for Operational Deployment with U.S. Special Operations Forces

TAMPA BAY, Fla., March 23, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) and XTEND , a leader in software systems and artificial intelligence-powered robotics, today announced that XTEND has successfully completed a critical U.S. Government operational milestone, demonstrating the performance of XTEND's systems in combat-relevant testing environments and confirming they meet government operational requirements.

XTEND's achievement was underscored by the final delivery under an $8.8 million contract with the U.S. Government, reflecting XTEND's readiness to scale its systems for future operational deployment. In addition to the delivery of multiple prototype operational systems, ground control equipment, mission payload modules, XTEND conducted New Equipment Training (NET) with Special Operations Forces operators as part of the final contract milestone. The training included live-flight exercises, mission planning, system deployment and operator-in-the-loop mission execution. Up to 30 operators participated, showcasing how XTEND technology can enable seamless human-machine collaboration.

"We believe the success of modern conflicts hinges on the ability of human operators to work seamlessly with autonomous systems," said Aviv Shapira, XTEND's Chief Executive Officer. "This milestone demonstrates our ability to deliver scalable products that can deliver precision mission capabilities at the tactical edge while keeping operators safe and firmly in control. Our goal is to create autonomous systems that extend the reach, effectiveness, and decision advantage of frontline forces."

During testing, XTEND's systems performed consistently in government inspections, operational performance validation, and mission-relevant exercises designed to simulate real-world operational scenarios. Operational testing generated performance data and actionable insights that will guide future development and deployment of advanced autonomous tactical systems; and detailed analysis and reporting will support the continued evolution of XTEND's capabilities.

+++

As announced on February 17, JFB Construction Holdings (Nasdaq: JFB) and XTEND entered into a definitive agreement to combine with XTEND in an all-stock transaction. The business combination is further supported by strategic investments from Eric Trump, Unusual Machines, American Ventures, LLC, Protego Ventures, and Aliya Capital. Following the closing of the business combination, the joint company is expected to be renamed XTEND AI Robotics and be listed on a U.S. national securities exchange under the "XTND."

About JFB Construction Holdings

JFB Construction Holdings (Nasdaq: JFB) is a real estate development and construction company that has provided general contracting and construction management services in 36 U.S. States. For more information, visit the company's SEC filings at www.sec.gov.

About XTEND

Cautionary Note Regarding Forward-Looking Statements

This communication contains, and oral statements made from time to time by our representatives may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements regarding the utility, prospects and future use cases for XTEND's products, the potential transaction between Xtend Reality Expansion Ltd. ("Xtend") and JFB Construction Holdings ("JFB"), including statements regarding the expected impacts and benefits of the potential transaction, timing of the transaction closing, and strategic initiatives for Xtend AI Robotics, Inc. ("NewCo") following the closing. All statements other than statements of historical facts contained in this communication may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will,” “outlook", "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this communication are only predictions. Xtend’s and JFB’s management have based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect its business, financial condition and results of operations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: the transaction may not be consummated; there may be difficulties with the integration and in realizing the expected benefits of the transaction; Xtend and JFB may need to use resources that are needed in other parts of its business to do so; there may be liabilities that are not known, probable or estimable at this time; the transaction may result in the diversion of management’s time and attention to issues relating to the transaction and integration; expected synergies and operating efficiencies attributable to the transaction may not be achieved within its expected time-frames or at all; there may be significant transaction costs and integration costs in connection with the transaction; the possibility that JFB will not have sufficient cash at close to satisfy the minimum cash condition; unfavorable outcome of legal proceedings that may be instituted against JFB and Xtend following the announcement of the transaction; risks inherent to the business may result in additional strategic and operational risks, which may impact Xtend’s, NewCo’s and JFB’s risk profiles, which each company may not be able to mitigate effectively; JFB’s ability to complete construction projects or other transactions on schedule and budget; changes in weather and occurrence of natural disasters and pandemics; recent imposition of tariffs by governments on construction materials, such as steel, aluminum and lumber; disruptions in supply chains; increase in the cost of labor and construction materials; JFB’s ability to maintain safe work sites; Xtend’s dependence on a limited number of defense and governmental security customers for a substantial portion of its business; significant delays or reductions in appropriations, Xtend’s programs and certain government fundings and programs more broadly, including as a result of a prolonged continuing resolution and/or government shutdown, and/or related to the global security environment or other global events; increased competition within JFB’s and Xtend’s markets and bid protests; changes in procurement and other U.S. and foreign laws, including changes through executive orders, contract terms and practices applicable to our industry, findings by certain applicable governments as to our compliance with such requirements, more aggressive enforcement of such requirements and changes in Xtend’s customers’ business practices globally; the improper conduct of employees, agents, subcontractors, suppliers, business partners or joint ventures in which Xtend participates, including the impact on Xtend’s reputation and its ability to do business; cyber and other security threats or disruptions faced by Xtend and JFB, its customers or its suppliers and other partners, and changes in related regulations; and Xtend’s ability to innovate, develop new products and technologies, progress and benefit from digital transformation and maintain technologies to meet the needs of Xtend’s customers. In addition, a number of important factors could cause JFB’s, Xtend’s or NewCo’s actual future results and other future circumstances to differ materially from those expressed in any forward-looking statements, including but not limited to those important factors that will be discussed in the section entitled “Risk Factors” in the registration statement on Form S-4 to be filed by JFB and NewCo, as any such factors may be updated from time to time in other filings with the Securities and Exchange Commission (the “SEC”), including without limitation Xtend’s investor relations site at https://www.xtend.me/newsroom and JFB’s investor relations site at https://investors.jfbconstruction.net/ . Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, neither Xtend nor JFB undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Important Information for Investors and Stockholders

This communication is for informational purposes only and is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any issuance or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the transaction, NewCo and JFB will file a registration statement on Form S-4, which will include an information statement of JFB and a preliminary prospectus of NewCo. After the registration statement is declared effective, JFB will mail to its stockholders a definitive information statement that will form part of the registration statement. This communication is not a substitute for the information statement/prospectus or registration statement or for any other document that JFB may file with the SEC and send to its stockholders in connection with the transaction. INVESTORS AND SECURITY HOLDERS OF XTEND AND JFB ARE URGED TO READ THE INFORMATION STATEMENT/PROSPECTUS OR REGISTRATION STATEMENT AND ANY OTHER DOCUMENT THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the information statement/prospectus (when available) and other documents filed with the SEC by JFB through the website maintained by the SEC at http://www.sec.gov . Copies of the documents filed with the SEC by JFB will be available free of charge on JFB’s website at https://investors.jfbconstruction.net/ .

XTEND Contact:

Headline Media

Sarah Small

929 255 1449

XTEND Investor Relations Contact :

MZ North America

Shannon Devine

203-741-8811

Unusual Machines Announces Pricing of Approximately $150 Million Public Offering of Common Stock

Fri, 20 Mar 2026 17:42:27 GMT

ORLANDO, FL / ACCESS Newswire / March 20, 2026 / Unusual Machines, Inc. (NYSE American:UMAC), (the "Company", or "Unusual Machines"), a United States-based manufacturer and distributor of drone parts, today announced it has priced a public offering for the sale of 8,823,529 shares of its common stock in a public offering (the "Offering") at a price of $17.00 per share. Participation in this offering includes a strategic investment from Ondas Inc. (Nasdaq:ONDS) along with fundamental institutional investors.

Dominari Securities LLC and JonesTrading Institutional Services LLC are acting as co-placement agents for the Offering.

The closing of the Offering is expected to occur on or about March 23, 2026, subject to the satisfaction of customary closing conditions.The Company expects to receive aggregate gross proceeds of approximately $150.0 million from the Offering, before deducting placement agent fees and other related expenses. The Company intends to use the net proceeds from the Offering to acquire additional inventory, for working capital needs, and for general corporate purposes.

The common stock will be issued in a public offering pursuant to an effective shelf registration statement on Form S-3 (File No. 333-286413), previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on April 21, 2025. A preliminary prospectus supplement and the accompanying base prospectus relating to the public offering has been filed with the SEC and is available at www.sec.gov . A final prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the SEC and will be available on its website at www.sec.gov . The offering will be made only by means of the prospectus supplement and the accompanying base prospectus. Copies of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained, when available, from the offices of Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23rd Floor, New York, NY 10022, by email at info@dominarisecurities.com , or by telephone at (212) 393-4500; or by contacting JonesTrading Institutional Services LLC, Attention: Equity Capital Markets, 325 Hudson Street, 6th Floor New York, New York 10013; email: ecm@jonestrading.com .

"We approach capital the same way we approach operations, deliberately and with a clear plan for deployment," said Allan Evans, Chief Executive Officer of Unusual Machines. "This raise allows us to expand inventory, support production, and continue building a reliable, U.S.-based supply chain for drone components."

"I am proud of the work Unusual Machines has done to attract world-class investors as it rapidly expands the drone supply chain in the United States," said Donald Trump Jr. "This latest capital infusion will enable the Company to build the foundation for a strong domestic drone industry for many years to come."

About Unusual Machines, Inc.

Safe Harbor Statement

This press release contains forward-looking statements which involve substantial risks and uncertainties relating to closing the Offering and use of proceeds. Forward-looking statements are often identifiable by the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "ongoing," "plan," "predict," "project," "potential," "should," "will," or "would," or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for making each forward-looking statement contained in this press release, the Company cautions that these statements are based on a combination of facts and factors currently known by the Company and its expectations of the future, about which the Company cannot be certain. Forward-looking statements are subject to considerable risks and uncertainties, as well as other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation, risks and uncertainties related to market conditions; the failure to meet customary closing conditions related to the Offering; and other risks and uncertainties, including those described within the section entitled "Risk Factors" in the Company's 2025 Annual Report on Form 10-K, changes in its business which affect the planned use of proceeds and the Risk Factors contained in the Prospectus Supplement. There can be no assurance that the Company will be able to complete the Offering on the anticipated terms, or at all. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances, except as required by law.

Investor Contact :

investors@unusualmachines.com

Media Contact :

media@unusualmachines.com

SOURCE: Unusual Machines, Inc.

Powerus Launches Guardian-1 Interceptors to Defeat Low-Cost, One-Way Attack Drones

Wed, 18 Mar 2026 17:36:20 GMT

Powerus recently announced a proposed merger with Aureus Greenway Holdings Inc. (Nasdaq:AGH), positioning Powerus to become publicly traded upon completion.
Guardian-1 is designed as a cost-effective, high-speed counter-drone interceptor targeting hostile one-way attack drones, such as the Shahed-136, seen in modern conflicts.
The Guardian-1 platform was tested during large-scale battlefield exercises at the National Training Center by U.S. servicemembers.
The Guardian-1 platform is available to U.S. government customers and approved allies.

WEST PALM BEACH, FL / ACCESS Newswire / March 18, 2026 / Autonomous Power Corporation, doing business as Powerus, a company co-founded by former U.S. Army Special Operations veterans that builds and scales autonomous drone systems for military and commercial use in high-risk environments, today introduced the "Guardian-1 Interceptor," a low-cost, high-speed counter-drone interceptor platform built to defeat hostile unmanned aerial threats at scale. The system recently completed flight demonstrations alongside war-game exercises at the National Training Center, validating its performance in the hands of U.S. Servicemembers.

Guardian-1 is built to deliver major cost advantages to traditional drone defenses, as it is designed for high-volume production, and rapid capacity expansion. The system's availability is designed to speed up U.S. defense responses, which have traditionally favored larger, slow-to-develop weapons systems that require extensive training and planning.

Existing interceptors have proven untenably expensive for countering low-cost, unmanned systems. The "missile math" problem, first encountered in the Ukraine-Russia conflict, and now the Middle East, demonstrates that it's too costly to down a $30,000 drone with a $1 million interceptor. Powerus's focus on high adaptability led to the introduction of the Guardian platform to defeat threats posed by one-way attack drones and loitering munitions, including systems, such as the Shahed-136 and comparable long-range strike drones.

In addition to innovation and rapid production, government- and defense-customers seek equipment that has been used in demanding environments to help support effectiveness and reliability where failure could result in poor outcomes or loss of lives.

"Our mission at Powerus is to deliver reliable, tested autonomous systems at scale. Evolving battlefield threats can't wait on long research and development cycles. Swarms of low-cost attack drones are overwhelming defenses, and must be addressed now," said Brett Velicovich, Co-Founder of Powerus. "Guardian-1 was developed based on real-world operational use and feedback from operators who understand current mission requirements. Seeing U.S. servicemembers operate it at the National Training Center and observing its performance in a realistic training environment provides additional validation."

Large-scale battlefield exercises took place at the National Training Center in Fort Irwin, California, in the hands of U.S. Servicemembers where emerging technologies are evaluated against modern threat test-environments. Servicemembers launched and operated the Guardian-1, executing high-speed flight profiles, confirming the interceptor's ability to close on and defeat threats before they reach friendly forces or critical assets.

MERGER WITH AUERUS GREENWAY HOLDINGS INC.

Powerus recently entered into a definitive merger agreement with Aureus Greenway Holdings Inc. (Nasdaq:AGH), which is expected to result in a combined company operating under the name "Powerus Corporation" upon meeting certain closing conditions. Such closing conditions might never be met and the merger might never occur. Upon completion, Powerus will focus on supporting the American drone industry dominance through domestic manufacturing, autonomous systems innovation, and strategic defense partnerships.

GUARDIAN-1 PLATFORM OVERVIEW

The Guardian-1 Interceptor is a lightweight, high-speed counter-UAS platform engineered for rapid deployment and single-operator use. Built around a reinforced carbon fiber airframe, the system can reach speeds of 290 to 340 kilometers per hour, delivering the speed and agility required to intercept fast-moving aerial threats across a wide range of operational environments.

The Guardian-1 was specifically designed to counter one-way attack drones and loitering munitions, including systems in the class of the Shahed-136 and comparable long-range, one way attack strike drones that have become a defining feature of modern conflict. By providing a fast, cost-effective kinetic interception capability, the platform is designed to give operators a scalable answer to aerial threats before they reach their intended targets.

GUARDIAN-1 AVAILABILITY

The Guardian-1 Interceptor is available now for procurement by government and defense customers. Systems can be configured for rapid shipment to organizations requiring immediate counter-drone capability. Procurement inquiries may be directed to the Powerus defense sales team at power.us .

ABOUT POWERUS

Powerus is building the industrial infrastructure layer for the autonomous world, a platform for acquiring, integrating, and scaling autonomous systems designed to operate in high-consequence environments across defense, critical infrastructure, and precision agriculture. Founded by a team with direct operational experience in active conflict environments and humanitarian operations worldwide, Powerus brings together field-validated technologies under a common operating architecture, supported by U.S.-based manufacturing and leadership with demonstrated experience building companies from formation to public markets. Powerus operates through wholly owned subsidiaries Kaizen Aerospace, Inc., Tandem Defense LLC, and Agile Autonomy LLC. For more information, visit power.us .

FORWARD-LOOKING STATEMENTS

Additional factors which could affect future results of AGH and Powerus can be found in AGH's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC's website at http://www.sec.gov . Neither Powerus nor AGH undertakes any obligation to update forward-looking statements, except as required by law.

NO OFFER OR SOLICITATION

IMPORTANT INFORMATION AND WHERE TO FIND IT

In connection with the transaction, AGH will file a registration statement on Form S-4 with the SEC, which will include an information statement and preliminary prospectus of AGH. After the registration statement is declared effective, AGH will mail to its stockholders a definitive information statement. Additionally, AGH expects to file other relevant materials in connection with the merger with the SEC. Investors and security holders are urged to read the registration statement and joint information statement/prospectus when they become available (and any other documents filed with the SEC in connection with the transaction or incorporated by reference into the joint information statement/prospectus) because such documents will contain important information regarding the proposed transaction and related matters. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by AGH through the website maintained by the SEC at http://www.sec.gov or at AGH's website at https://www.aureusgreenway.com/secfilings .

###

CONTACTS :

INVESTOR RELATIONS

Jason Assad

678-570-6791

MEDIA RELATIONS

Escalate PR for Powerus

Powerus@escalatepr.com

SOURCE: Powerus

Dominari Releases Letter to Shareholders and Clients

Mon, 16 Mar 2026 17:27:51 GMT

NEW YORK, March 16, 2026 /PRNewswire/ -- Dominari Holdings Inc. (NASDAQ: DOMH) today released the following letter to clients and shareholders:

Dear Dominari Clients and Shareholders,

As reported in certain media outlets, Dominari Securities LLC ("Dominari" or the "Company") recently received a letter dated March 8, 2026 from the U.S. House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party requesting information regarding the underwriting of initial public offerings (IPOs) by Chinese companies. Dominari takes this inquiry seriously and we intend to cooperate with the Committee.

However, I wish to take this opportunity to advise our clients and shareholders that, since Dominari's inception in 2023, total investment banking revenue generated from IPOs has always been a very small portion of Dominari's overall revenue, constituting less than 10% of the total. Further, revenue generated from Chinese IPOs is a fraction of the total IPO revenue. By contrast, since inception, more than 90% of Dominari's total investment banking revenue was generated from non-IPO activity. Said differently, Dominari has never been a large participant in the IPO space and an even smaller participant in the Chinese IPO activity referenced in the March 8, 2026 letter.

To provide an additional frame of reference, Dominari's limited involvement in Chinese IPO activity ceased in 2024. Additionally, Dominari's activity in Hong Kong IPOs, ceased in mid-2025. From the Company's perspective, we chose to focus on American companies. Dominari is an American investment bank focused on building American companies, supporting American innovation, and helping to create American jobs. A focus that we have been executing on, as noted in several of our recent shareholder letters, such as our October 16, 2025 Letter " Dominari Securities Raises Over $1.4 Billion Year-to-Date in Support of American Innovation and Entrepreneurship " or our January 28, 2026, Letter to Shareholders where we referenced how Dominari successfully raised $345 million for New America Acquisition I Corp. Or, where Dominari served as exclusive placement agent for Unusual Machines Inc. on two separate secondary offerings during the past year. The first transaction, completed in May 2025, raised $40 million, followed by a second offering in July 2025 that raised $48.5 million. Unusual Machines is a great American drone company, and we are proud to support their vision.

To conclude, we intend to cooperate with the Committee and to keeping our clients and shareholders informed. I thank you for your support and for being a Dominari shareholder.

Sincerely,

Anthony Hayes

CEO, Dominari Holdings Inc.

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

About Dominari Holdings Inc.

Dominari Securities LLC's Mission Statement:

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, 2024 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.

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

SOURCE Dominari Holdings Inc.

JFB Construction Holdings Announces 2-for-1 Stock Split

Tue, 10 Mar 2026 17:22:01 GMT

~ Proactive Action Taken to Align Share Structure in Connection with Proposed Business Combination with XTEND ~

PALM BEACH, Fla., March 10, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) (“JFB” or the “Company”) today announced that its Board of Directors has approved a 2-for-1 stock split of the Company’s issued and outstanding shares of common stock.

The stock split is expected to become effective on March 20, 2026, for stockholders of record as of close of business on March 19, 2026, at which time every one share of JFB common stock will be automatically split into two shares of common stock. Stockholders of record will receive one additional share of common stock for each share held on the record date.

Trading of the Company’s common stock on the Nasdaq Capital Market is expected to begin on a split-adjusted basis after market close on March 19, 2026 under the Company’s existing ticker symbol “JFB.”

The stock split is being implemented in connection with the Company’s previously announced $1.5 billion all-stock business combination with XTEND, a software-first defense technology company anchored by its AI XTEND Operating System (XOS). The stock split is intended to enhance trading liquidity and align the Company’s capital structure in connection with the pending business combination.

The total market capitalization of the Company and the proportionate ownership interest of each stockholder will remain unchanged as a result of the stock split. Following the stock split, the number of outstanding shares of common stock will increase from approximately 7,014,090 million shares to approximately 14,028,180 million shares. The par value of the Company’s common stock will remain unchanged.

Joseph F. Basile III, Chief Executive Officer of JFB, commented :

“This stock split represents a proactive and strategic step as we prepare to take XTEND AI Robotics public. By increasing the number of shares outstanding and lowering the per-share price, we aim to enhance accessibility for investors while aligning the combined company’s share structure to support the investor base we intend to attract as a leading U.S. defense technology company listed on Nasdaq.”

Details of the Stock Split

At the effective time of the stock split, every one share of JFB common stock issued and outstanding will be automatically split into two shares of JFB common stock without any action required by stockholders. The number of authorized shares of JFB common stock will be proportionately increased. No fractional shares will be issued. The Company’s common stock will continue to trade on Nasdaq under the symbol “JFB” and will be assigned a new CUSIP number, which will be announced prior to the effective date.

Stockholders holding shares in street name through a brokerage account or bank will have their accounts automatically adjusted to reflect the stock split. Registered stockholders should contact the Company’s transfer agent, ClearTrust, LLC, at (813) 235-4490 or Inbox@ClearTrustTransfer.com , with any questions.

The stock split is separate from and does not impact the terms of the previously announced business combination between JFB and XTEND. The merger remains subject to customary closing conditions and regulatory approvals and is expected to close during the middle of 2026. Upon closing, the combined company will be renamed XTEND AI Robotics and trade on Nasdaq under the ticker symbol “XTND.”

About JFB Construction Holdings

About XTEND

XTEND is a software-first defense and security technology company building a unified operating ecosystem for human-guided autonomy across air, ground, and maritime domains. Anchored by its proprietary XOS operating system, XTEND’s products are designed to enable defense, public safety, and private security organizations to deploy, scale, and operate autonomous systems with immediate operational readiness in complex, high-risk environments. Founded in Tel Aviv, Israel, and headquartered in Tampa, Florida, the company combines battle-proven software with mission-optimized platforms, payloads, and manufacturing infrastructure to deliver integrated, NDAA-compliant solutions at scale. For more information, visit www.xtend.me .

Cautionary Note Regarding Forward-Looking Statements

This communication contains, and oral statements made from time to time by our representatives may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements regarding the potential transaction between Xtend Reality Expansion Ltd. (“Xtend”) and JFB Construction Holdings (“JFB”), including statements regarding the expected impacts and benefits of the potential transaction, timing of the transaction closing, and strategic initiatives for Xtend AI Robotics, Inc. (“NewCo”) following the closing. All statements other than statements of historical facts contained in this communication may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “outlook”, “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this communication are only predictions. Xtend’s and JFB’s management have based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect its business, financial condition and results of operations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: the transaction may not be consummated; there may be difficulties with the integration and in realizing the expected benefits of the transaction; Xtend and JFB may need to use resources that are needed in other parts of its business to do so; there may be liabilities that are not known, probable or estimable at this time; the transaction may result in the diversion of management’s time and attention to issues relating to the transaction and integration; expected synergies and operating efficiencies attributable to the transaction may not be achieved within its expected time-frames or at all; there may be significant transaction costs and integration costs in connection with the transaction; the possibility that JFB will not have sufficient cash at close to satisfy the minimum cash condition; unfavorable outcome of legal proceedings that may be instituted against JFB and Xtend following the announcement of the transaction; risks inherent to the business may result in additional strategic and operational risks, which may impact Xtend’s, NewCo’s and JFB’s risk profiles, which each company may not be able to mitigate effectively; JFB’s ability to complete construction projects or other transactions on schedule and budget; changes in weather and occurrence of natural disasters and pandemics; recent imposition of tariffs by governments on construction materials, such as steel, aluminum and lumber; disruptions in supply chains; increase in the cost of labor and construction materials; JFB’s ability to maintain safe work sites; Xtend’s dependence on a limited number of defense and governmental security customers for a substantial portion of its business; significant delays or reductions in appropriations, Xtend’s programs and certain government fundings and programs more broadly, including as a result of a prolonged continuing resolution and/or government shutdown, and/or related to the global security environment or other global events; increased competition within JFB’s and Xtend’s markets and bid protests; changes in procurement and other U.S. and foreign laws, including changes through executive orders, contract terms and practices applicable to our industry, findings by certain applicable governments as to our compliance with such requirements, more aggressive enforcement of such requirements and changes in Xtend’s customers’ business practices globally; the improper conduct of employees, agents, subcontractors, suppliers, business partners or joint ventures in which Xtend participates, including the impact on Xtend’s reputation and its ability to do business; cyber and other security threats or disruptions faced by Xtend and JFB, its customers or its suppliers and other partners, and changes in related regulations; and Xtend’s ability to innovate, develop new products and technologies, progress and benefit from digital transformation and maintain technologies to meet the needs of Xtend’s customers. In addition, a number of important factors could cause JFB’s, Xtend’s or NewCo’s actual future results and other future circumstances to differ materially from those expressed in any forward-looking statements, including but not limited to those important factors that will be discussed in the section entitled “Risk Factors” in the registration statement on Form S-4 to be filed by JFB and NewCo, as any such factors may be updated from time to time in other filings with the Securities and Exchange Commission (the “SEC”), including without limitation Xtend’s investor relations site at https://www.xtend.me/newsroom and JFB’s investor relations site at https://investors.jfbconstruction.net/ . Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, neither Xtend nor JFB undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Important Information for Investors and Stockholders

This communication is for informational purposes only and is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any issuance or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the transaction, XTEND AI Robotics will file a registration statement on Form S-4, which will include an information statement of JFB, a proxy statement of XTEND and constitute a prospectus of XTEND AI Robotics. After the registration statement is declared effective, JFB will mail to its stockholders a definitive information statement that will form part of the registration statement. This communication is not a substitute for the information statement/proxy statement/prospectus or registration statement or for any other document that JFB or XTEND AI Robotics may file with the SEC and send to its stockholders in connection with the transaction. INVESTORS AND SECURITY HOLDERS OF XTEND AND JFB ARE URGED TO READ THE INFORMATION STATEMENT/PROXY STATEMENT/PROSPECTUS OR REGISTRATION STATEMENT AND ANY OTHER DOCUMENT THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the information statement/prospectus (when available) and other documents filed with the SEC by JFB through the website maintained by the SEC at http://www.sec.gov . Copies of the documents filed with the SEC by JFB will be available free of charge on JFB’s website at https://investors.jfbconstruction.net/ .

JFB Construction Holdings Contact:

CORE IR

Mike Mason

516 222 2560

XTEND Contact:

Headline Media

Sarah Small

929 255 1449

XTEND Investor Relations:

MZ North America

Shannon Devine

203-741-8811

JFB (NASDAQ: JFB) Announces XTEND Delivery of Tactical Drone Systems Under Defense Contract Valued at Up to $25 Million

Mon, 09 Mar 2026 17:04:43 GMT

Initial shipment of combat-proven systems delivered under an $8M defense contract (expandable to $25M) with a government defense customer in the Middle East, with production ramp underway to fulfill orders for 5,000 systems and an option for up to 10,000 additional units.

TAMPA, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- JFB (NASDAQ: JFB) today announced XTEND’s successful delivery of tactical drones as part of an $8M defense contract, expandable up to $25M overall. The initial contract is for the supplying of 5,000 combat-proven systems with an option for 10,000 more. XTEND is rapidly scaling production to meet urgent operational demands in the Middle East. Next shipment is already in production.

The contract reflects the accelerating demand for rapidly deployable robotic systems in modern operational environments. The initial delivery marks the first phase of a broader production program as XTEND continues to scale manufacturing capacity to meet urgent operational requirements.

The systems delivered under the contract are combat-proven tactical drones designed for rapid deployment and operation in complex environments. Built as man-portable platforms capable of being operated by a single soldier, the systems provide real-time situational awareness and precision operational capability while maintaining a minimal logistical footprint.

XTEND’s robotic platforms are powered by its XOS operating system, enabling advanced robotics capabilities and forming the foundation of a scalable autonomy platform that can support multiple robotic systems and mission profiles.

“Operational demand for robotic systems is expected to continue to grow rapidly across defense organizations worldwide,” said Aviv Shapira, CEO of XTEND. “These deliveries demonstrate our ability to move quickly from development to scaled production and support urgent operational requirements. At the same time, the future of robotics will not be defined only by how many drones can be deployed, but by how intelligently those systems can be controlled and integrated into operational environments. Our focus remains on combining scalable robotic platforms with advanced autonomy through XOS.”

+++

About JFB Construction Holdings

JFB Construction Holdings (Nasdaq: JFB) is a real estate development and construction company that has provided general contracting and construction management services in 36 U.S. States. For more information, visit the company’s SEC filings at www.sec.gov .

About XTEND

Cautionary Note Regarding Forward-Looking Statements

This communication contains, and oral statements made from time to time by our representatives may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements regarding the potential transaction between Xtend Reality Expansion Ltd. (“Xtend”) and JFB Construction Holdings (“JFB”), including statements regarding the expected impacts and benefits of the potential transaction, timing of the transaction closing, and strategic initiatives for Xtend AI Robotics, Inc. (“NewCo”) following the closing. All statements other than statements of historical facts contained in this communication may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “outlook”, “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this communication are only predictions. Xtend’s and JFB’s management have based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect its business, financial condition and results of operations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: the transaction may not be consummated; there may be difficulties with the integration and in realizing the expected benefits of the transaction; Xtend and JFB may need to use resources that are needed in other parts of its business to do so; there may be liabilities that are not known, probable or estimable at this time; the transaction may result in the diversion of management’s time and attention to issues relating to the transaction and integration; expected synergies and operating efficiencies attributable to the transaction may not be achieved within its expected time-frames or at all; there may be significant transaction costs and integration costs in connection with the transaction; the possibility that JFB will not have sufficient cash at close to satisfy the minimum cash condition; unfavorable outcome of legal proceedings that may be instituted against JFB and Xtend following the announcement of the transaction; risks inherent to the business may result in additional strategic and operational risks, which may impact Xtend’s, NewCo’s and JFB’s risk profiles, which each company may not be able to mitigate effectively; JFB’s ability to complete construction projects or other transactions on schedule and budget; changes in weather and occurrence of natural disasters and pandemics; recent imposition of tariffs by governments on construction materials, such as steel, aluminum and lumber; disruptions in supply chains; increase in the cost of labor and construction materials; JFB’s ability to maintain safe work sites; Xtend’s dependence on a limited number of defense and governmental security customers for a substantial portion of its business; significant delays or reductions in appropriations, Xtend’s programs and certain government fundings and programs more broadly, including as a result of a prolonged continuing resolution and/or government shutdown, and/or related to the global security environment or other global events; increased competition within JFB’s and Xtend’s markets and bid protests; changes in procurement and other U.S. and foreign laws, including changes through executive orders, contract terms and practices applicable to our industry, findings by certain applicable governments as to our compliance with such requirements, more aggressive enforcement of such requirements and changes in Xtend’s customers’ business practices globally; the improper conduct of employees, agents, subcontractors, suppliers, business partners or joint ventures in which Xtend participates, including the impact on Xtend’s reputation and its ability to do business; cyber and other security threats or disruptions faced by Xtend and JFB, its customers or its suppliers and other partners, and changes in related regulations; and Xtend’s ability to innovate, develop new products and technologies, progress and benefit from digital transformation and maintain technologies to meet the needs of Xtend’s customers. In addition, a number of important factors could cause JFB’s, Xtend’s or NewCo’s actual future results and other future circumstances to differ materially from those expressed in any forward-looking statements, including but not limited to those important factors that will be discussed in the section entitled “Risk Factors” in the registration statement on Form S-4 to be filed by JFB and NewCo, as any such factors may be updated from time to time in other filings with the Securities and Exchange Commission (the “SEC”), including without limitation Xtend’s investor relations site at https://www.xtend.me/newsroom and JFB’s investor relations site at https://investors.jfbconstruction.net/ . Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, neither Xtend nor JFB undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Important Information for Investors and Stockholders

This communication is for informational purposes only and is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any issuance or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the transaction, NewCo and JFB will file a registration statement on Form S-4, which will include an information statement of JFB and a preliminary prospectus of NewCo. After the registration statement is declared effective, JFB will mail to its stockholders a definitive information statement that will form part of the registration statement. This communication is not a substitute for the information statement/prospectus or registration statement or for any other document that JFB may file with the SEC and send to its stockholders in connection with the transaction. INVESTORS AND SECURITY HOLDERS OF XTEND AND JFB ARE URGED TO READ THE INFORMATION STATEMENT/PROSPECTUS OR REGISTRATION STATEMENT AND ANY OTHER DOCUMENT THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the information statement/prospectus (when available) and other documents filed with the SEC by JFB through the website maintained by the SEC at http://www.sec.gov . Copies of the documents filed with the SEC by JFB will be available free of charge on JFB’s website at https://investors.jfbconstruction.net/ .

XTEND Contact:

Headline Media

Sarah Small

929 255 1449

XTEND Investor Relations :

MZ North America

Shannon Devine

203-741-8811

Trump Sons Back New Drone Company Targeting Pentagon Sales

Mon, 09 Mar 2026 16:56:44 GMT

Eric Trump and Donald Trump Jr., the president’s sons, are backing a new drone company that is vying to meet fresh demand from the Pentagon and fill a hole left by the administration’s ban on new Chinese drones in the U.S.

New American Drone and Defense Company to be Created Through Merger of Powerus and Aureus Greenway Holdings

Mon, 09 Mar 2026 16:53:37 GMT

- Notable Investors of Combined Company Include American Venture Partners Eric Trump and Donald Trump Jr.; Additional Support from Leading U.S. Drone Manufacturer Unusual Machines (“UMAC”) and a Strategic $50 Million Investment

- Combination Advances American Domination of Drone Industry and Autonomous Systems Innovation

WEST PALM BEACH, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (Nasdaq: AGH) today announced that AGH and Autonomous Power Corporation, doing business as Powerus (www.Power.us), a company co-founded by former U.S. Army Special Operations veterans that builds and scales autonomous drone systems for military and commercial use in high-risk environments, have entered into a definitive merger agreement. Upon completion of the merger, the combined company will operate under the name Powerus Corporation and work to support American drone industry dominance through domestic manufacturing, autonomous systems innovation, and strategic defense partnerships. AGH shares will continue to trade under the ticker “AGH” until completion of the transaction.

Powerus is led by a founding team whose expertise is shaped through years of battlefield operational experience deploying drone technology in active conflict environments worldwide. Its wholly owned subsidiaries, Kaizen Aerospace, Inc., Tandem Defense LLC, and Agile Autonomy LLC, provide specialized capabilities across heavy-lift unmanned aerial systems capable of 500lb+ payloads, tactical defense platforms, and maritime surveillance systems. Backed by U.S.-based manufacturing and a leadership team with demonstrated experience in scaling companies from formation through public markets, this alignment around American drone development, manufacturing, and deployment underscores a strategic rationale for the combination and the growing institutional recognition of autonomous systems as a defining infrastructure investment.

“Powerus was built by individuals who have spent years operating in active combat environments where this technology must perform,” said Brett Velicovich, Co-Founder of Powerus and a former U.S. Army special operations veteran. “We know what works, we’ve seen what fails, and what operators relying on these systems actually need because we have been alongside them in battle. That knowledge shapes every decision we make. The opportunity in front of us is significant, and we intend to capture it.”

Dominari Holdings (Nasdaq: DOMH) President Kyle Wool, stated, “We believe strongly in the critical importance of building this technology here in America. Drone technology is increasingly central to modern security and infrastructure, and America must lead in this critical area. American Ventures and I personally have been early and substantial investors in this transaction because we believe in strengthening the nation through technological leadership.”

Matthew J. Saker, Interim Chief Executive Officer of AGH stated, “The need for and uses of autonomous technologies, such as those produced by Powerus, are front page news given developments in the Middle East and elsewhere. This business combination is not just a compelling opportunity for AGH stockholders, but one made even more relevant by current geopolitical uncertainties. Powerus brings a disciplined strategic framework, a leadership team with a track record of building public companies, and an opportunity to expand manufacturing across two of the world’s most capable industrial economies. The UAS platform they are building addresses large-scale, real-world demand, and it is being built by people who have seen that demand firsthand.”

TRANSACTION DETAILS

Merger Agreement

Under the terms of the agreement, Powerus will merge with and into a newly-formed subsidiary of AGH, with Powerus continuing as the surviving entity and AGH adopting the name “Powerus Corporation.” The combined company expects to be listed on Nasdaq under the ticker “PUSA.” The merger transaction was unanimously approved by the boards of directors of both companies and a majority of each company’s stockholders.

The merger transaction remains subject to the satisfaction of customary closing conditions, including the effectiveness of a registration statement on Form S-4 covering the offering of shares of common stock to Powerus stockholders and receipt of any required regulatory approvals. The merger is expected to close in summer 2026. There can be no assurance that the proposed transactions will be consummated, or as to the timing of any such consummation.

Powerus Private Placement

Powerus has also secured an additional investment from the Korea Climate & Governance Improvement Fund (KCGI). KCGI has committed to purchase $50 million of Powerus common stock by April 6, 2026. KCGI will support Powerus’s access to an allied-nation supply chain network, which moves Powerus away from reliance on non-allied nations for support and strengthens Powerus’s domestic manufacturing position.

AGH Private Placement

AGH has entered into securities purchase agreements with certain institutional and accredited investors, including Unusual Machines, Inc. (NYSE American: UMAC) and the Agostinelli Group (the “Investors”), pursuant to which AGH agreed to issue and sell to the Investors in a private placement an aggregate of 3,009,667 shares of AGH’s common stock, par value $0.0001 per share (or pre-funded warrants to purchase in lieu thereof at a price of $3.00 per share (the “Private Placement”). The Private Placement is expected to close on March 9, 2026 and AGH expects to receive aggregate gross proceeds of approximately $9,029,002, before deducting placement agent fees and offering expenses. AGH intends to use the proceeds from the offering for working capital and general corporate purposes. Dominari Securities LLC is acting as placement agent for the Private Placement.

ADVISORS

Dominari Securities LLC and Revere Securities LLC (collectively the “Advisors”) are acting as financial advisors to Aureus Greenway Holdings Inc.

Sichenzia Ross Ference Carmel LLP is serving as legal counsel to the Advisors.

Faegre Drinker Biddle & Reath is serving as legal counsel to Powerus.

Ortoli Rosenstadt LLP is serving as legal counsel to AGH.

ABOUT POWERUS

Powerus is building the industrial infrastructure layer for the autonomous world; a platform for acquiring, integrating, and scaling autonomous systems designed to operate in high-consequence environments across defense, critical infrastructure, and precision agriculture. Founded by a team with direct operational experience in active conflict environments and humanitarian operations worldwide, Powerus brings together field-validated technologies under a common operating architecture, supported by U.S.-based manufacturing and leadership with demonstrated experience building companies from formation to public markets. Powerus operates through wholly-owned subsidiaries Kaizen Aerospace, Tandem Defense, and Agile Autonomy. For more information, visit power.us.

ABOUT AUREUS GREENWAY HOLDINGS INC.

Aureus Greenway Holdings Inc. (Nasdaq: AGH) owns and operates golf course properties in Florida, including Kissimmee Bay Country Club and Remington Golf Club in the greater Orlando region. Following the transaction, these properties are expected to continue operations and may serve as proving grounds for Powerus precision agriculture drone systems. For more information, visit aureusgreenway.com.

ABOUT KOREA CLIMATE & GOVERNANCE IMPROVEMENT FUND (KCGI)

KCGI is a Seoul-based investment group and one of the fastest-growing private equity platforms in South Korea. This investment will be made through KCGI’s forthcoming “Innovation & Growth ESG Fund.” Since its establishment in 2018, KCGI has delivered strong returns through improvements in corporate governance, enhanced ESG practices, and the development of new growth drivers at portfolio companies. For more information, visit kcgifund.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the proposed business combination and anticipated benefits thereof, including future financial and operating results, statements related to the expected timing of the completion of the transactions, the plans, objectives, expectations and intentions of either company or of the combined company following the merger, anticipated future results of either company or of the combined company following the merger, the anticipated benefits and strategic and financial rationale of the merger and other statements that are not historical facts. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “targets,” “scheduled,” “plans,” “intends,” “goal,” “anticipates,” “expects,” “believes,” “forecasts,” “outlook,” “estimates,” “potential,” or “continue” or negatives of such terms or other comparable terminology. The forward-looking statements are based on current expectations and assumptions believed to be reasonable, but there is no assurance that they will prove to be accurate.

Additional factors which could affect future results of AGH and Powerus can be found in AGH’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC’s website at http://www.sec.gov. Neither Powerus nor AGH undertakes any obligation to update forward-looking statements, except as required by law.

NO OFFER OR SOLICITATION

IMPORTANT INFORMATION AND WHERE TO FIND IT

In connection with the transaction, AGH will file a registration statement on Form S-4 with the SEC, which will include an information statement and preliminary prospectus of AGH. After the registration statement is declared effective, AGH will mail to its stockholders a definitive information statement. Additionally, AGH expects to file other relevant materials in connection with the merger with the SEC. Investors and security holders are urged to read the registration statement and joint information statement/prospectus when they become available (and any other documents filed with the SEC in connection with the transaction or incorporated by reference into the joint information statement/prospectus) because such documents will contain important information regarding the proposed transaction and related matters. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by AGH through the website maintained by the SEC at http://www.sec.gov or at AGH’s website at https://www.aureusgreenway.com/secfilings.

MEDIA AND INVESTOR RELATIONS

IR@aureusgreenway.com

JFB Announces XTEND’s Mobilization of Global Operations to Support Allied Defense Missions

Tue, 03 Mar 2026 16:42:47 GMT

~ Company Responds to Israeli Ministry of Defense Request; International XFAB Network Deploys Operators to U.K. as One United Platform ~

TAMPA, Fla., March 03, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) (“JFB” or the “Company”) and XTEND, a leader in software systems and artificial intelligence-powered robotics, today announced the rapid mobilization of its worldwide XFAB operator network to support allied defense requirements across multiple theaters of operation. With operators deploying from the United States and Latvia to the United Kingdom, XTEND is demonstrating what it means to function as a truly global defense platform.

XTEND’s global XFAB network was purpose-built for exactly this kind of rapid, distributed response. With certified operators and infrastructure spanning multiple countries and continents, the Company is uniquely positioned to support allied defense needs wherever and whenever they arise - as one company, with one mission.

“We stand united with our allies in defending the values we share,” said XTEND’s Chief Executive Officer, Aviv Shapira. “Our global platform exists for moments exactly like this - to move fast, support our partners, and protect those who protect us. That mission has never been clearer.”

The XTEND team remains fully operational and mission-ready. Leadership emphasized that its people across all global locations understand the gravity and responsibility of what they are building together, and that the organization is stronger than ever. In addition to international deployments, XTEND is also supporting urgent operational requirements from allied defense ministries, further validating the scalability and reach of the XFAB platform across simultaneous, multi-national missions.

About JFB Construction Holdings

JFB Construction Holdings (Nasdaq: JFB) is a real estate development and construction company that has provided general contracting and construction management services in 36 U.S. States. For more information, visit the company’s SEC filings at www.sec.gov .

About XTEND

Cautionary Note Regarding Forward-Looking Statements

This communication contains, and oral statements made from time to time by our representatives may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements regarding the potential transaction between Xtend Reality Expansion Ltd. (“Xtend”) and JFB Construction Holdings (“JFB”), including statements regarding the expected impacts and benefits of the potential transaction, timing of the transaction closing, and strategic initiatives for Xtend AI Robotics, Inc. (“NewCo”) following the closing. All statements other than statements of historical facts contained in this communication may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “outlook”, “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this communication are only predictions. Xtend’s and JFB’s management have based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect its business, financial condition and results of operations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: the transaction may not be consummated; there may be difficulties with the integration and in realizing the expected benefits of the transaction; Xtend and JFB may need to use resources that are needed in other parts of its business to do so; there may be liabilities that are not known, probable or estimable at this time; the transaction may result in the diversion of management’s time and attention to issues relating to the transaction and integration; expected synergies and operating efficiencies attributable to the transaction may not be achieved within its expected time-frames or at all; there may be significant transaction costs and integration costs in connection with the transaction; the possibility that JFB will not have sufficient cash at close to satisfy the minimum cash condition; unfavorable outcome of legal proceedings that may be instituted against JFB and Xtend following the announcement of the transaction; risks inherent to the business may result in additional strategic and operational risks, which may impact Xtend’s, NewCo’s and JFB’s risk profiles, which each company may not be able to mitigate effectively; JFB’s ability to complete construction projects or other transactions on schedule and budget; changes in weather and occurrence of natural disasters and pandemics; recent imposition of tariffs by governments on construction materials, such as steel, aluminum and lumber; disruptions in supply chains; increase in the cost of labor and construction materials; JFB’s ability to maintain safe work sites; Xtend’s dependence on a limited number of defense and governmental security customers for a substantial portion of its business; significant delays or reductions in appropriations, Xtend’s programs and certain government fundings and programs more broadly, including as a result of a prolonged continuing resolution and/or government shutdown, and/or related to the global security environment or other global events; increased competition within JFB’s and Xtend’s markets and bid protests; changes in procurement and other U.S. and foreign laws, including changes through executive orders, contract terms and practices applicable to our industry, findings by certain applicable governments as to our compliance with such requirements, more aggressive enforcement of such requirements and changes in Xtend’s customers’ business practices globally; the improper conduct of employees, agents, subcontractors, suppliers, business partners or joint ventures in which Xtend participates, including the impact on Xtend’s reputation and its ability to do business; cyber and other security threats or disruptions faced by Xtend and JFB, its customers or its suppliers and other partners, and changes in related regulations; and Xtend’s ability to innovate, develop new products and technologies, progress and benefit from digital transformation and maintain technologies to meet the needs of Xtend’s customers. In addition, a number of important factors could cause JFB’s, Xtend’s or NewCo’s actual future results and other future circumstances to differ materially from those expressed in any forward-looking statements, including but not limited to those important factors that will be discussed in the section entitled “Risk Factors” in the registration statement on Form S-4 to be filed by JFB and NewCo, as any such factors may be updated from time to time in other filings with the Securities and Exchange Commission (the “SEC”), including without limitation Xtend’s investor relations site at https://www.xtend.me/newsroom and JFB’s investor relations site at https://investors.jfbconstruction.net/. Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, neither Xtend nor JFB undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Important Information for Investors and Stockholders

This communication is for informational purposes only and is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any issuance or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the transaction, NewCo and JFB will file a registration statement on Form S-4, which will include an information statement of JFB and a preliminary prospectus of NewCo. After the registration statement is declared effective, JFB will mail to its stockholders a definitive information statement that will form part of the registration statement. This communication is not a substitute for the information statement/prospectus or registration statement or for any other document that JFB may file with the SEC and send to its stockholders in connection with the transaction. INVESTORS AND SECURITY HOLDERS OF XTEND AND JFB ARE URGED TO READ THE INFORMATION STATEMENT/PROSPECTUS OR REGISTRATION STATEMENT AND ANY OTHER DOCUMENT THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the information statement/prospectus (when available) and other documents filed with the SEC by JFB through the website maintained by the SEC at http://www.sec.gov . Copies of the documents filed with the SEC by JFB will be available free of charge on JFB’s website at https://investors.jfbconstruction.net/ .

XTEND Contact :

Headline Media

Sarah Small

929 255 1449

XTEND Investor Relations :

MZ North America

Shannon Devine

203-741-8811

XTEND Debuts Industry-First Multi-Drone Coordination Capability at Disruptors in the Desert 2026

Fri, 27 Feb 2026 16:06:57 GMT

validates scalable, human-guided autonomous fleets for complex defense missions

Previously Announced: XTEND and JFB Construction to Combine in All-Stock

Transaction, Backed by Strategic Investors; Expected to Close in the first half of 2026

and List on a U.S. national exchange as “XTND”

TAMPA BAY, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- XTEND, a leader in software systems and artificial intelligence-powered robotics, deployed in high-threat, complex operational environments where human exposure carries significant risk, successfully showcased its cutting-edge autonomy multi-drone orchestration capabilities at the Creative Defense Foundation’s (CDF) Disruptors in the Desert 2026. The debut of XTEND’s Seek & Strike solution marked the first public demonstration of human-in-the-loop (HITL) supervision driving multi-drone collaboration and highlights XTEND’s ongoing commitment to providing scalable, adaptable solutions to meet the evolving needs of defense, law enforcement and private security markets.

The demonstration featured an interoperable fleet of drones performing highly synchronized, variable tasks as a unified team. Operating under strict HITL architecture, it reinforced XTEND’s strategic identity as a software-first, XOS-driven platform company, while firmly establishing its position as pioneer in advanced multi-drone collaboration.

“XOS natively handles the heavy lifting of spatial cognition and autonomous data handoffs between Seeker and Effector; this cross-platform autonomous coordination entirely eliminates the friction of manual piloting,” said Aviv Shapira, Co-Founder and CEO of XTEND. “By reducing operator dependency and dramatically shortening deployment timelines, XOS enables us to scale efficiently across new customers, platforms, and geographies. Its modular, software-driven architecture supports rapid integration of additional robotic assets and third-party systems, creating a foundation for recurring software adoption and long-term expansion of the XTEND ecosystem.”

During the Seek & Strike demonstration, the operator used the XOS Mission Planner to seamlessly orchestrate a complex operation, defining AI-driven micro-tasks. A team of Seeker drones autonomously scanned a designated area, detecting and classifying potential targets with onboard edge-perception. Upon anomaly detection, the human operator visually confirmed the target, and XOS automatically handed off the data to a team of Precision Effector drones, which then executed a coordinated homing approach. Throughout the operation, the human operator maintained full control, with the ability to re-task and abort missions instantly, ensuring safety, adherence to rules of engagement, and ultimate decision-making authority.

As adversarial environments and security challenges grow increasingly complex, the traditional one-to-one ratio of operator-to-drone creates unsustainable cognitive bottlenecks. XTEND’s XOS platform enables the autonomous orchestration of drones, reducing the load for operators and ensuring more precise, rapid responses in dynamic, high-stakes environments.

XTEND participated in Disruptors in the Desert alongside Congressional and Department of Defense leadership, engaging in discussions on how AI, orchestration, and interoperability will define the next era of U.S. Department of War (DoW) superiority.

About XTEND

XTEND is a leader in software systems and artificial intelligence-powered robotics, deployed in high-threat, complex operational environments where human exposure carries significant risk. Powered by its proprietary XTEND Operating System, or XOS, XTEND’s integrated software and advanced robotic hardware solutions are designed to provide autonomy at the edge. Operating across defense, law enforcement and private security missions through a platform of robots, drones, and robotic subsystems, its open architecture platform facilitates scalability across partners and third-party applications. XTEND’s customers face rapidly evolving adversarial environments that require agility. Through its modular open architecture operating system and hardware design, XTEND can quickly adapt and deliver responsive product offerings to changing operational requirements and dynamic environments. The intuitive XOS interface allows XTEND’s customers to certify new operators within days, significantly reducing the barrier to forward deployment of XTEND’s products into their operations. Leveraging AI to execute complex missions autonomously with remote human supervision, XOS addresses the key constraint in robotics, namely reliance on human operators who are costly, vulnerable, and prone to operational error. XOS enables human machine teaming, or HMT, by allowing operators to define mission parameters that are autonomously executed by robotic systems in the field. XTEND serves a diverse set of customers with constantly evolving operational requirements, including homeland security, military, intelligence, and critical-infrastructure protection entities. XTEND’s systems have been developed with and operationally deployed by national defense, special-mission units, and security organizations in over 30 countries. Founded in Tel Aviv, Israel, and headquartered in Tampa, Florida, the company combines battle-proven software with mission-optimized platforms, payloads, and manufacturing infrastructure to deliver integrated, NDAA-compliant solutions at scale. For more information, visit www.xtend.me .

About JFB Construction Holdings

JFB Construction Holdings is a real estate development and construction company that has provided general contracting and construction management services in 36 U.S. states. For more information, visit the company’s SEC filings at www.sec.gov .

Cautionary Note Regarding Forward-Looking Statements

This communication contains, and oral statements made from time to time by our representatives may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements regarding the potential transaction between Xtend Reality Expansion Ltd. (“Xtend”) and JFB Construction Holdings (“JFB”), including statements regarding the expected impacts and benefits of the potential transaction, timing of the transaction closing, and strategic initiatives for Xtend AI Robotics, Inc. (“NewCo”) following the closing. All statements other than statements of historical facts contained in this communication may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “outlook”, “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this communication are only predictions. Xtend’s and JFB’s management have based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect its business, financial condition and results of operations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: the transaction may not be consummated; there may be difficulties with the integration and in realizing the expected benefits of the transaction; Xtend and JFB may need to use resources that are needed in other parts of its business to do so; there may be liabilities that are not known, probable or estimable at this time; the transaction may result in the diversion of management’s time and attention to issues relating to the transaction and integration; expected synergies and operating efficiencies attributable to the transaction may not be achieved within its expected time-frames or at all; there may be significant transaction costs and integration costs in connection with the transaction; the possibility that JFB will not have sufficient cash at close to satisfy the minimum cash condition; unfavorable outcome of legal proceedings that may be instituted against JFB and Xtend following the announcement of the transaction; risks inherent to the business may result in additional strategic and operational risks, which may impact Xtend’s, NewCo’s and JFB’s risk profiles, which each company may not be able to mitigate effectively; JFB’s ability to complete construction projects or other transactions on schedule and budget; changes in weather and occurrence of natural disasters and pandemics; recent imposition of tariffs by governments on construction materials, such as steel, aluminum and lumber; disruptions in supply chains; increase in the cost of labor and construction materials; JFB’s ability to maintain safe work sites; Xtend’s dependence on a limited number of defense and governmental security customers for a substantial portion of its business; significant delays or reductions in appropriations, Xtend’s programs and certain government fundings and programs more broadly, including as a result of a prolonged continuing resolution and/or government shutdown, and/or related to the global security environment or other global events; increased competition within JFB’s and Xtend’s markets and bid protests; changes in procurement and other U.S. and foreign laws, including changes through executive orders, contract terms and practices applicable to our industry, findings by certain applicable governments as to our compliance with such requirements, more aggressive enforcement of such requirements and changes in Xtend’s customers’ business practices globally; the improper conduct of employees, agents, subcontractors, suppliers, business partners or joint ventures in which Xtend participates, including the impact on Xtend’s reputation and its ability to do business; cyber and other security threats or disruptions faced by Xtend and JFB, its customers or its suppliers and other partners, and changes in related regulations; and Xtend’s ability to innovate, develop new products and technologies, progress and benefit from digital transformation and maintain technologies to meet the needs of Xtend’s customers. In addition, a number of important factors could cause JFB’s, Xtend’s or NewCo’s actual future results and other future circumstances to differ materially from those expressed in any forward-looking statements, including but not limited to those important factors that will be discussed in the section entitled “Risk Factors” in the registration statement on Form S-4 to be filed by JFB and NewCo, as any such factors may be updated from time to time in other filings with the Securities and Exchange Commission (the “SEC”), including without limitation Xtend’s investor relations site at https://www.xtend.me/newsroom and JFB’s investor relations site at https://investors.jfbconstruction.net/ . Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, neither Xtend nor JFB undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Important Information for Investors and Stockholders

This communication is for informational purposes only and is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any issuance or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the transaction, NewCo and JFB will file a registration statement on Form S-4, which will include an information statement of JFB and a preliminary prospectus of NewCo. After the registration statement is declared effective, JFB will mail to its stockholders a definitive information statement that will form part of the registration statement. This communication is not a substitute for the information statement/prospectus or registration statement or for any other document that JFB may file with the SEC and send to its stockholders in connection with the transaction. INVESTORS AND SECURITY HOLDERS OF XTEND AND JFB ARE URGED TO READ THE INFORMATION STATEMENT/PROSPECTUS OR REGISTRATION STATEMENT AND ANY OTHER DOCUMENT THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the information statement/prospectus (when available) and other documents filed with the SEC by JFB through the website maintained by the SEC at http://www.sec.gov . Copies of the documents filed with the SEC by JFB will be available free of charge on JFB’s website at https://investors.jfbconstruction.net/ .

XTEND Contact:

Headline Media

Sarah Small

929 255 1449

XTEND Investor Relations:

MZ North America

Shannon Devine

https://www.globenewswire.com/NewsRoom/AttachmentNg/d96416c3-23a1-4d70-81fd-9b8ad595d83b

203-741-8811

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/ab09384b-48c6-4345-a7e6-b1be0fa78e68

https://www.globenewswire.com/NewsRoom/AttachmentNg/675ca948-7e56-4dd0-8794-b06bfd78e943

Stocks rally after Trump’s State of the Union as AI, defense tech lead market surge | Fox Business Video

Wed, 25 Feb 2026 15:53:03 GMT

Dominari Securities CEO Kyle Wool joins ‘Mornings with Maria’ to react to President Donald Trump’s economic claims, the AI stock surge and the growing push for US dominance in critical minerals.

XWELL Announces Approximately $31.3 Million Private Placement Priced At The Market Under Nasdaq Rules

Tue, 24 Feb 2026 15:50:50 GMT

NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), a provider of wellness and biosecurity solutions, today announced that it has entered into a securities purchase agreement with a series of American Ventures, LLC in a private placement that is expected to result in gross proceeds to the Company of approximately $31.3 million, before deducting placement agent fees and offering expenses.

The private placement consists of the sale of, (i) approximately 31,333 shares of Series H Convertible Preferred Stock, with a stated value of $1,000 per share, convertible into an aggregate of 66,666,669 shares of common stock of the Company at an initial conversion price of $0.47 per share, and (ii) accompanying warrants to purchase up to 66,666,669 shares of the Company’s common stock. The warrants issued in the private placement will be exercisable immediately at an exercise price of $0.345 per share and will expire three years from the date of issuance. The private placement was priced at the market under Nasdaq rules.

The private placement is expected to close on or about February 26, 2026, subject to satisfaction of customary closing conditions.

The Company intends to use net proceeds from the private placement to (i) repurchase from certain institutional investors $5,955,583.21 of aggregate principal amount of certain notes, (ii) redeem the Company’s Series G Preferred Stock and (ii) redeem certain outstanding warrants to purchase up to 8,800,000 shares of common stock held by certain institutional investors, for an aggregate cash purchase price of $9,000,000. The remainder of the proceeds will be used for general corporate operating expenses and working capital needs.

Dominari Securities acted as the exclusive placement agent for the private placement.

The securities being offered and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the "SEC") or an applicable exemption from such registration requirements. Concurrently with the execution of the securities purchase agreement, XWELL and the investor entered into a registration rights agreement pursuant to which the Company has agreed to file a registration statement with the Securities and Exchange Commission (the “SEC”) registering the resale of the shares of common stock issuable upon conversion of the Series H preferred stock and the common stock issuable upon exercise of the unregistered warrants.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About XWELL, Inc.

XWELL, Inc. (Nasdaq: XWEL) is a global wellness company on a mission to liberate science-proven wellness for all. Through a portfolio of brands that include XpresSpa®, Naples Wax Center®, and XpresCheck®, XWELL delivers accessible, real-world wellness across travel, retail, and clinical settings. For more information on XWELL’s offerings, visit www.XWELL.com .

Forward-Looking Statements

This press release may contain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: the completion of the private placement and the satisfaction of customary closing conditions related to the private placements, the anticipated use of proceeds therefrom. Forward-looking statements relating to expectations about future results or events are based upon information available to XWELL as of the date of this press release, and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in the Company’s Annual Report on Form 10-K, as amended, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other Securities and Exchange Commission filings. All subsequent written and oral forward-looking statements concerning XWELL, or other matters and attributable to XWELL or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XWELL does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

Media Contact:

Heather Tidwell

MWW

htidwell@mww.com

JFB and XTEND Announce $1.5B Business Combination to Establish a Nasdaq-Listed US Leader in AI-Driven Autonomous Defense Robotics

Tue, 17 Feb 2026 15:43:47 GMT

Strategic investors in the merger include Eric Trump, Unusual Machines (NYSE: UMAC), American Ventures, LLC, Protego Ventures, Aliya Capital and Agostinelli Group.
Implied acquisition value of $1.5 billion, based on the price paid per share in concurrent private placement.
Merger to create an autonomous defense and security systems company combining AI-driven robotic operating system with established US operating and infrastructure capabilities, strengthening the security of the United States and its allied nations.

PALM BEACH, Fla., Feb. 17, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company, announced today that it has entered into a definitive agreement to combine with XTEND, a software-first defense technology company anchored by its AI XTEND Operating System (XOS) in an all-stock transaction. The business combination is further supported by strategic investments from Eric Trump, Unusual Machines (NYSE: UMAC), American Ventures, LLC, Protego Ventures, and Aliya Capital. Following the closing of the business combination, the joint company is expected to be renamed XTEND AI Robotics and be listed on Nasdaq under the ticker “XTND.”

With headquarters and a production facility in Tampa, FL, the combined company expects to be well positioned to become a leading US provider of AI-driven autonomous defense and security solutions. XTEND delivers next-generation autonomous systems for defense, public safety, and private security applications built on its battle proven XOS operating system. XTEND’s products utilize remote operational capabilities, enabling multiple air, ground, and maritime drones to execute complex, dynamic missions with immediate operational readiness.

The transaction is also expected to support the expansion and increased NDAA-compliant, US-made domestic production capacity at XTEND’s Tampa, Florida production facility and ultimately accelerate the delivery of XTEND products to customers in the US, NATO allies, and Asia.

Aviv Shapira, Chief Executive Officer and Co-Founder of XTEND, commented:

“The demand for systems that keep operators out of harm’s way is surging as the global security environment grows more volatile, and this represents one of the largest market opportunities in defense technology today. By combining our platform with JFB, we are acquiring the resources we need to scale our manufacturing capabilities in the US and gaining access to the US public markets.”

Joseph F. Basile III, Chief Executive Officer of JFB, commented:

“What drew us to XTEND is the strength and scalability of its AI-driven operating system. XOS is not just a product, but a core autonomy platform that integrates software, hardware, and mission execution in real-world environments. By pairing XTEND’s operating system and advanced AI capabilities with JFB’s execution, infrastructure, and buildout expertise, we see a clear opportunity to accelerate US manufacturing, scale production responsibly, and support a next-generation defense technology platform built in America and ready for the public markets.”

Under the terms of the merger agreement, XTEND shareholders and JFB shareholders will receive shares of a new holding company, XTEND AI Robotics. Upon the closing of the transaction, current XTEND shareholders would own approximately 70.0% and JFB shareholders would own approximately 30.0% of XTEND AI Robotics’ fully diluted shares on a pro forma basis, not including shares reserved for issuances under XTEND AI Robotics’ equity incentive plans.

The merger has been unanimously approved by the board of directors of both companies and approved by written consent by JFB shareholders owning a majority of the outstanding common stock of JFB. The parties expect the transaction to close during the middle of 2026.

Advisors

Stifel is serving as exclusive financial advisor and a capital markets advisor to XTEND.

Paul Hastings LLP, H-F& Co, Banai Azriel Stern and Meitar Law Offices are serving as legal counsel to XTEND.

Dominari Securities LLC is serving as the exclusive placement agent to JFB Construction.

Sichenzia Ross Ference Carmel LLP and Amit Pollak Matlon are serving as legal counsel to JFB.

About JFB Construction Holdings

JFB Construction Holdings (“JFB”) offers generations of combined experience in residential and commercial construction and development. Having the experience of building multifamily communities, shopping centers, national franchises, exclusive estate & equestrian homes, and over 2 million square feet of commercial and retail. JFB provides hands-on, professional expertise, which has led to the quality and production we are known for.

JFB’s reputation has been built on its clients' trust and the value it brings to each project.

JFB is proud that most of its projects are obtained through referrals and repeat customers, and that to-date it has provided general contracting and construction management services in 36 US States.

About XTEND

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

This communication contains, and oral statements made from time to time by our representatives may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements regarding the potential transaction between XTEND Reality Expansion Ltd. (“XTEND”) and JFB Construction Holdings (“JFB”), including statements regarding the expected impacts and benefits of the potential transaction, timing of the transaction closing, and strategic initiatives for XTEND AI Robotics (“XTEND AI Robotics”) following the closing. All statements other than statements of historical facts contained in this communication may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “outlook”, “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this communication are only predictions. Xtend’s and JFB’s management have based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect its business, financial condition and results of operations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: the transaction may not be consummated; there may be difficulties with the integration and in realizing the expected benefits of the transaction; Xtend and JFB may need to use resources that are needed in other parts of its business to do so; there may be liabilities that are not known, probable or estimable at this time; the transaction may result in the diversion of management’s time and attention to issues relating to the transaction and integration; expected synergies and operating efficiencies attributable to the transaction may not be achieved within its expected time-frames or at all; there may be significant transaction costs and integration costs in connection with the transaction; the possibility that JFB will not have sufficient cash at close to satisfy the minimum cash condition; unfavorable outcome of legal proceedings that may be instituted against JFB and Xtend following the announcement of the transaction; risks inherent to the business may result in additional strategic and operational risks, which may impact Xtend’s, XTEND AI Robotics’ and JFB’s risk profiles, which each company may not be able to mitigate effectively; JFB’s ability to complete construction projects or other transactions on schedule and budget; changes in weather and occurrence of natural disasters and pandemics; recent imposition of tariffs by governments on construction materials, such as steel, aluminum and lumber; disruptions in supply chains; increase in the cost of labor and construction materials; JFB’s ability to maintain safe work sites; Xtend’s dependence on a limited number of defense and governmental security customers for a substantial portion of its business; significant delays or reductions in appropriations, Xtend’s programs and certain government fundings and programs more broadly, including as a result of a prolonged continuing resolution and/or government shutdown, and/or related to the global security environment or other global events; increased competition within JFB’s and Xtend’s markets and bid protests; changes in procurement and other U.S. and foreign laws, including changes through executive orders, contract terms and practices applicable to our industry, findings by certain applicable governments as to our compliance with such requirements, more aggressive enforcement of such requirements and changes in Xtend’s customers’ business practices globally; the improper conduct of employees, agents, subcontractors, suppliers, business partners or joint ventures in which Xtend participates, including the impact on Xtend’s reputation and its ability to do business; cyber and other security threats or disruptions faced by Xtend and JFB, its customers or its suppliers and other partners, and changes in related regulations; and Xtend’s ability to innovate, develop new products and technologies, progress and benefit from digital transformation and maintain technologies to meet the needs of Xtend’s customers. In addition, a number of important factors could cause JFB’s, Xtend’s or XTEND AI Robotics’ actual future results and other future circumstances to differ materially from those expressed in any forward-looking statements, including but not limited to those important factors that will be discussed in the section entitled “Risk Factors” in the registration statement on Form S-4 to be filed by JFB and XTEND AI Robotics, as any such factors may be updated from time to time in other filings with the Securities and Exchange Commission (the “SEC”), including without limitation Xtend’s investor relations site at www.xtend.me and JFB’s investor relations site at https://investors.jfbconstruction.net/ . Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, neither Xtend nor JFB undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Important Information for Investors and Stockholders

This communication is for informational purposes only and is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any issuance or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the transaction, XTEND AI Robotics will file a registration statement on Form S-4, which will include an information statement of JFB, a proxy statement of XTEND and constitute a prospectus of XTEND AI Robotics. After the registration statement is declared effective, JFB will mail to its stockholders a definitive information statement that will form part of the registration statement. This communication is not a substitute for the information statement/proxy statement/prospectus or registration statement or for any other document that JFB or XTEND AI Robotics may file with the SEC and send to its stockholders in connection with the transaction. INVESTORS AND SECURITY HOLDERS OF XTEND AND JFB ARE URGED TO READ THE INFORMATION STATEMENT/PROXY STATEMENT/PROSPECTUS OR REGISTRATION STATEMENT AND ANY OTHER DOCUMENT THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the information statement/prospectus (when available) and other documents filed with the SEC by JFB through the website maintained by the SEC at http://www.sec.gov . Copies of the documents filed with the SEC by JFB will be available free of charge on JFB’s website at https://investors.jfbconstruction.net/.

JFB Construction Holdings Contact:

CORE IR

Mike Mason

516 222 2560

XTEND Contact:

Headline Media

Sarah Small

929 255 1449

XTEND Investor Relations:

MZ North America

Shannon Devine

203-741-8811

Critical metals surge as AI, electrification fuel new industrial revolution

Mon, 16 Feb 2026 15:37:02 GMT

Dominari Securities CEO Kyle Wool joins ‘Mornings with Maria’ to break down the AI-driven robotics boom, Bitcoin’s sharp pullback and why critical metals could power the next industrial revolution.

Skyline Builders Group Holding Limited Announces Pricing of a Private Placement of Preferred Shares

Wed, 11 Feb 2026 15:34:30 GMT

HONG KONG, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQ: SKBL), a Cayman Islands exempted company with limited liability (the “Company”), today announced the pricing of a brokered private placement of 6,318 shares of preferred shares, par value $0.00001 per share, (the “Preferred Shares”) for a total gross proceeds of approximately $31,590,000, before deducting placement agent fees and other offering expenses payable by the Company. Each preferred share is convertible into Class A ordinary shares with a conversion price of $2.40 per share, subject to certain anti-dilution adjustments, but in no event less than $1.50 per share and other customary adjustments for share splits, recapitalizations, reorganizations and similar transactions. Approximately $26.59 million of Preferred Shares were issued under a Regulation D offering to US based investors and approximately $5 million of Preferred Shares were issued under a Regulation S offering to non-US investors.

In connection with the Private Placement, the Company also entered into a Placement Agency Agreement, dated February 10, 2026 (the “Placement Agency Agreement”), with Dominari Securities LLC (“Dominari”) and an Introducer Agreement, dated February 10,2026 (the “Introducer Agreement”) Ocean Wall Ltd. (“Ocean Wall”, and collectively with Dominari, the “Placement Agents” and each a “Placement Agent”)

As compensation for their services, the Company will pay the Placement Agents a aggregate cash fee equal to eight percent (8.0%) of the aggregate gross proceeds of the Private Placement and non-callable warrants (the “Placement Agent Warrants”) exercisable for a number of the Company’s Class A Ordinary Shares equal to six percent (6%) of the Class A Ordinary Shares underlying the Preferred Shares on the closing date The Placement Agent Warrants will have an exercise price of $2.40 per share, subject to customary adjustments for stock splits, recapitalizations, reorganizations and similar transactions.

The Company will also enter into a Registration Rights Agreement with the Purchasers and the Placement Agents, pursuant to which the Company will agree to file a registration statement on Form F-1 (or other suitable form) with the U.S. Securities and Exchange Commission (the “SEC”) within sixty (60) business days following the closing for the resale of the Class A Ordinary Shares underlying the Preferred Shares and the Placement Agent Warrants.

The Offering is expected to close on or about February 13, 2026, subject to the satisfaction of customary closing conditions.

The securities to be issued and sold by the Company in the Private Placement, including the underlying Class A Ordinary Shares, have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from the registration requirements of the Securities Act and such state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities will not be registered under the Securities Act or any state securities laws when issued at the closing of the private placement, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state laws.

About Skyline Builders Group Holding Limited

Skyline Builders Group Holding Limited (NASDAQ: SKBL) operates as an Approved Public Works Contractor undertaking roads and drainage to its customers in Hong Kong. Its construction activities mainly include public civil engineering works, such as road and drainage works, in Hong Kong. It mostly undertakes civil engineering works in the role of subcontractor, while it is also fully qualified to undertake such works in the capacity of main contractor. The Company’s public sector projects mainly involve infrastructure developments while private sector projects mainly involve residential and commercial developments.

Forward-Looking Statements

For more information, please contact:

Skyline Builders Group Holding Limited

Investor Relations Department

Email: ir@skylinebuilders.cc

About Skyline Builders Group Holding Limited

Forward-Looking Statements

For more information, please contact:

Skyline Builders Group Holding Limited
Investor Relations Department
Email: ir@skylinebuilders.cc

New America Acquisition I Corp. Appoints Kyle Wool as Chairman and Adds Stefan Passantino as Independent Director

Fri, 06 Feb 2026 15:30:38 GMT

Board appointments strengthen governance, continuity and regulatory oversight

NEW YORK, NY / ACCESS Newswire / February 6, 2026 / New America Acquisition I Corp (NYSE:NWAXU)(NYSE:NWAX)(NYSE:NWAXW) today announced that Kyle Wool has been appointed chairman of the board of directors and that Stefan Passantino has joined the board as an independent director, effective immediately. Wool previously served on the Company's advisory board.

Kevin McGurn, Chief Executive Officer and Chairman of New America Acquisition I Corp., commented:

"Kyle's appointment as chairman reflects both continuity and confidence in his leadership. His familiarity with New America and deep experience in capital markets make him well-suited to guide the board as we move forward. Stefan's background in compliance, governance and regulatory matters further strengthens our oversight and supports our commitment to disciplined execution and strong corporate governance."

Kyle Wool brings more than two decades of experience across financial services and capital markets. He has served as president of Dominari Holdings Inc. (Nasdaq: DOMH) since December 2023 and chief executive officer of Dominari Securities LLC since May 2023. Earlier in his career, Wool was an executive director at Morgan Stanley, advising clients on investment strategy and capital allocation. He also held senior roles at Oppenheimer and Co., including serving as managing director of the Professional Investors Group for Oppenheimer Asia Ltd. Wool holds a degree from the State University of New York at Binghamton.

Stefan Passantino joins the board as an independent director. He began his career in law before serving as Deputy Assistant to the President and Deputy Counsel in the first Trump White House, where he led compliance and ethics programs. Over his 30-year career, he has advised corporations, political figures, and advocacy groups on state and federal election law, campaign finance, lobbying regulations, and congressional investigations.

Passantino has represented national political committees, federal candidates, and corporations, including serving as counsel to some of the largest SuperPACs and 501(c)(4) advocacy groups during the 2016 election cycle. He also co-chaired the Republican National Lawyers Association's Ballot Access Project, providing legal guidance to presidential campaigns. In addition to his political law work, he has been appointed Special Assistant to the Attorney General of Georgia, served as general counsel to corporate entities formed by former Speaker Newt Gingrich and former Senator Kelly Loeffler, and trained Members of Congress and corporate clients on ethics and lobbying compliance. Most recently, he worked with the 2025 Presidential transition and later onboarded Trump 47 executive branch officials.

Passantino earned a Bachelor of Arts in Political Science from Drew University and a Juris Doctor from Emory University School of Law, where he was Managing Editor of the Emory Law Journal. He is now a visiting professor at the University of Georgia and previously at the Georgia State University College of Law. His expertise in campaign and election law has been recognized by Washingtonian Magazine, which named him one of the "Best Legal Minds in Washington." In early 2025, he joined Miller Strategies as a Principal.

Committee Composition Update:

The Company also updated its board investment committee composition as follows:

Kyle Wool
Steve Scopellite
Kevin McGurn

About New America Acquisition I Corp

New America Acquisition I Corp is a blank-check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company intends to target established U.S.-based companies that contribute to industrial capacity, technological innovation, and economic resilience, with a focus on automation, advanced manufacturing, infrastructure and energy systems. Learn more at https://newamericaacquisition.com/

Forward Looking Statements

This press release contains forward-looking statements. Forward-looking statements are not historical facts and include statements regarding the Company's plans, objectives, expectations and intentions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. Many such risks and uncertainties are beyond the control of the Company, including those discussed in the Risk Factors section of the Company's registration statement for the initial public offering, which is available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Investor/Press Contact:

Brian S. Siegel, IRC®, M.B.A.

Senior Managing Director

Hayden IR - Chicago

(346) 396-8696 (o)

brian@haydenir.com

SOURCE : New America Acquisition I Corp.

Tech selloff deepens as Nvidia CEO calls software slump 'illogical'

Thu, 05 Feb 2026 15:24:12 GMT

Dominari Securities CEO Kyle Wool and Strategic Wealth Partners CEO Mark Tepper analyze the worsening software stock sell-off and Bitcoin's crash on 'Mornings with Maria.'

DFC Highlights Landmark Critical Minerals Investments to Strengthen U.S. National Security During State Department Ministerial

Wed, 04 Feb 2026 15:10:49 GMT

Washington, D.C. – U.S. International Development Finance Corporation (DFC) Chief of Staff and Head of Investments Conor Coleman participated in the Critical Minerals Ministerial hosted by U.S. Secretary of State Marco Rubio at the U.S. Department of State today. The ministerial brought together senior U.S. and foreign government officials committed to building secure, resilient, and transparent critical minerals supply chains.

“The Trump administration has shown unprecedented leadership in its efforts to secure critical minerals vital to U.S. strategic interests and economic prosperity. As the U.S. government’s international investment arm, DFC is dedicated to working closely with the White House, interagency, and Congress to ensure access to these key resources and safeguard America’s economic growth and security,” said Ben Black, DFC CEO.

Mr. Coleman participated in a plenary session focused on showcasing the U.S. government’s funding instruments and programs for public-private investment in critical minerals. He spoke alongside senior officials from the Department of Commerce, Department of Energy, Export-Import Bank, and the Department of War’s Office of Strategic Capital. The discussion highlighted how these tools can support supply chain security and encourage international and private sector investment.

Recent DFC critical minerals investments include:

Gécamines/Mercuria : Following the issuance of DFC’s letter of interest in December, the Democratic Republic of Congo’s state-owned enterprise Gécamines, through its trading joint venture with commodity trader Mercuria, has sold and started shipping approximately 100,000 tons of copper committed to the United States and plans to sell and ship an additional 50,000 tons to the Kingdom of Saudi Arabia and the United Arab Emirates. These transactions reflect a shared commitment to strengthening secure and diversified critical mineral supply chains, consistent with the objectives outlined in the prospective joint venture.
Serra Verde : DFC has signed a financing agreement with SVRE Holdings Ltd. for a $565 million loan to optimize and expand the Pela Ema rare earths mine in Brazil, which will help develop a Western-aligned source of rare earth elements, including heavy rare earth elements.
Cove Kaz Capital : DFC has issued LOIs exploring up to $700 million for both debt financing and project development funding for Cove Kaz Capital Group’s investment in the Severniy Katpar Tungsten Mine in Kazakhstan.
Critical Minerals Consortium : As of January 2026, DFC closed on its $600 million investment in the Orion Critical Mineral Consortium (Orion CMC), a landmark $1.8 billion public‑private partnership jointly established by DFC, Orion Resource Partners LP, and ADQ. Through this platform, the partners will invest in critical mineral projects across DFC‑eligible jurisdictions. Orion will originate and lead transactions, while DFC and ADQ retain the ability to provide strategic guidance and participate on a deal‑by‑deal basis. The consortium is designed to deploy capital flexibly across debt, equity, and production‑linked instruments (including royalties, streams, and offtakes) and currently has a robust pipeline of global critical minerals opportunities under evaluation.
URIF : DFC made a $75 million equity investment in the United States-Ukraine Reconstruction Investment Fund, which is matched by the Ukrainian government for a total of $150M, to invest in critical minerals and other strategic sectors in Ukraine.

Securing critical minerals supply chains has been and remains an important priority sector to DFC’s investment strategy and portfolio. A diverse supply chain of critical minerals is essential to developing and powering modern industries, such as advanced technology and energy, that will secure U.S. growth and security in the future.

###

The U.S. International Development Finance Corporation (DFC), established in 2019 with bipartisan support under President Trump, is the international investment arm of the U.S. Government. DFC partners with the private sector to advance U.S. foreign policy and strengthen national security by mobilizing private capital around the world. DFC invests across strategic sectors including critical minerals, modern infrastructure, and advanced technology — fostering economic development, supporting U.S. interests, and delivering returns to American taxpayers.

SpaceX in merger talks with other Musk companies ahead of IPO

Thu, 29 Jan 2026 15:00:35 GMT

xAI shares would be exchanged for SpaceX shares under the deal
Deal would support Musk's plan to put data centers in space
Reuters could not determine terms, timing of the deal

NEW YORK, Jan 29 (Reuters) - Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year. The combination would bring Musk’s rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof, according to a person briefed on the matter and two recent company filings seen by Reuters.

The plan, which Reuters is reporting exclusively, would give ‌fresh momentum to SpaceX’s effort to launch data centers into orbit as Musk battles for supremacy in the rapidly escalating AI race against tech giants like Google, Meta and OpenAI.

Musk, the world's richest man, is the CEO of both the private space company SpaceX and the artificial intelligence company xAI, which controls his social media platform X. He also runs electric automaker Tesla (TSLA.O), opens new tab, tunnel company The Boring Co. and neurotechnology company Neuralink.

Musk, SpaceX, and xAI did not respond to requests for comment.

Under the proposed merger, shares of xAI would be exchanged for shares in SpaceX. Two entities have been set up in Nevada to facilitate the transaction, the person said.

Reuters could not determine the value of the deal, its ‌primary rationale, or its potential timing.

Corporate filings in Nevada show that those entities were set up on January 21. One of them, a limited liability company, lists SpaceX and Bret Johnsen, the company's chief financial officer, as managing members, while the other lists Johnsen as the company's only officer, the filings show.

The filings don't contain additional information about the purpose of the companies or their role in any deal.

Johnsen did not respond to a Reuters request for comment.

The person, who requested anonymity because the discussions are confidential, said that some xAI executives could be given the option to receive cash instead ‍of SpaceX stock as part of the deal. A final agreement, however, hasn't been signed, and the timing and structure of the transaction remain fluid, the person cautioned.

SpaceX is already the world's most valuable privately held company, last valued at $800 billion in a recent insider share sale. xAI was valued at $230 billion in November, according to the Wall Street Journal. Reuters and other media have reported that SpaceX plans to go public some time this year, with a valuation expected above $1 trillion.

DATA CENTERS IN SPACE

Through xAI, ⁠Musk is building out a massive supercomputer for AI training in Memphis, Tennessee, called Colossus . Last year, SpaceX agreed to invest $2 billion in xAI as part of the startup’s $5 billion equity fundraising, the Wall Street Journal reported at the ‍time.

Speaking in Davos, Switzerland, last week, the billionaire entrepreneur said "the lowest cost place to put AI will be in space. And that will be true within two years, maybe three at the latest."

Space-based AI processing, powered by solar energy, is ‌aimed at cutting ‌the cost of generating the computing power that runs and trains AI models such as xAI’s Grok. Jeff Bezos' Blue Origin announced a new high-capacity backbone network of thousands of satellites, while Google is researching space-based data centers with its Project Suncatcher.

Building data centers in space remains a risky proposition, especially with AI investment evolving so rapidly and often unpredictably. Analysts and some industry executives have questioned whether the envisioned cuts in energy consumption are worth the added costs of tailoring those systems for space.

Folding xAI into SpaceX could boost the company's footing for major defense contracts at the Pentagon, which has sought to ramp up AI adoption in its military networks, said Caleb ⁠Henry of space research and advisory firm Quilty Analytics.

U.S. ⁠Defense Secretary Pete Hegseth earlier this month visited SpaceX’s Starbase development site in Texas, where he said xAI’s language model and its chat platform Grok will be integrated into military networks as part of the Pentagon’s “AI acceleration strategy," aimed at speeding up the military's decision-making and planning.

xAI has a contract worth as much as $200 million to provide Grok products to the Pentagon.

Starlink and its national security variant Starshield already rely heavily on artificial intelligence, such as for automated satellite maneuvers in orbit. Starshield, under a contract with a U.S. intelligence ‍agency, is building a network of hundreds of classified satellites equipped with different sensors that are expected to use AI to help track moving targets on Earth.

LATEST MERGER BETWEEN MUSK COMPANIES

The deal would not be Musk’s first effort to combine businesses he controls. In 2025, he folded social media platform X into xAI in a share swap that gave the artificial-intelligence startup access to the platform’s data and distribution. Before that in 2016, he used Tesla stock to buy his solar-energy company SolarCity.

Earlier this month, xAI raised $20 billion in an upsized Series E funding round, exceeding its $15 billion target at a valuation of $230 billion. Tesla, Musk's

electric car company, on ‍Wednesday said it agreed to invest about $2 billion in xAI .

Founded in 2002, SpaceX disrupted the global space industry with its reusable Falcon rockets, which proved vital to the swift launch of Starlink, a satellite broadband network now consisting of thousands of satellites in space.

SpaceX has lined up banks for an IPO that could come as early as this year.

Dominari Holdings Issues Letter to Shareholders

Wed, 28 Jan 2026 14:43:10 GMT

NEW YORK, Jan. 28, 2026 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) ("Dominari" or the "Company") today issued the following letter to shareholders:

I am pleased to report that 2025 was a transformative and highly successful year for Dominari. Through disciplined execution, expanded distribution capabilities, and a focus on high-growth opportunities across both public and private markets, we delivered strong financial performance and created substantive shareholder value.

Shareholder Value Creation

As we began 2025, the Company's stock price was just over $1.00. When we closed out 2025, the Company's stock price was just under $5.00 per share. And while the prices of stocks rise and fall, Dominari's focus on returning shareholder value was clearly demonstrated by the declaration of three (3) separate dividends in 2025, totaling approximately $22.2 million directly to shareholders. The Company's management, board of directors and advisory board are pleased to deliver this level of value to our shareholders, and we thank each of you for your support.

This level of success was due directly to the success of Dominari Securities, led by its CEO Mr. Kyle Wool. In fact, through the efforts of Mr. Wool, what began just a few years ago as a focused investment banking platform, has evolved into a diversified and highly active franchise with expanding distribution, repeat issuer relationships, and growing relevance in some of the most dynamic sectors of the global economy.

Equity Capital Markets Division – A Year of Record Executions

Our Equity Capital Markets Division successfully closed more than 40 transactions, raising nearly $2 billion in capital and generating $28.8 million in gross revenue for the firm. This public entity capital was raised across a broad range of roles and transaction types, reflecting the depth and flexibility of our Equity Capital Markets platform.

Dominari Securities served as lead underwriter on approximately $418 million of capital raised and as co-underwriter on approximately $1.2 billion, underscoring our ability to both originate and support complex, large-scale transactions. In addition, our placement and advisory capabilities continued to expand, with approximately $262 million raised as exclusive placement agent and $104 million as co-placement agent.

Capital raising activity was well diversified across offering types. We completed several initial public offerings, raising approximately $45 million through S-1 registrations and $90 million through F-1 registrations. Secondary offerings generated approximately $171 million under S-3 registrations and $44 million under F-3 registrations. SPAC-related transactions represented a significant portion of our activity, with approximately $1.5 billion raised through S-1 filings, while PIPE transactions contributed an additional $148 million in capital raised.

Several transactions in 2025 were particularly noteworthy and underscore the continued expansion of Dominari Securities' capabilities and market presence. Most prominently, New America Acquisition I Corp (NYSE: NWAXU) represented our largest transaction to date. As lead underwriter, we successfully raised $345 million, demonstrating our capacity to execute large-scale offerings and serve as a trusted partner in high-profile capital raises.

We also achieved a significant milestone with Thumzup Media Corp (NASDAQ: TZUP), where we acted as exclusive placement agent on our largest secondary offering to date. Through this engagement, we raised $50 million, reflecting both strong investor demand and our growing expertise in tailored capital solutions for emerging growth companies.

In addition, Dominari Securities served as exclusive placement agent for Unusual Machines Inc. (NYSE: UMAC) on two separate secondary offerings during the year. The first transaction, completed in May, raised $40 million, followed by a second offering in July that raised $48.5 million. These successful financings highlight our ability to support repeat issuers and deliver consistent execution across multiple transactions within a compressed timeframe.

Strength in Private Placements and Structured Finance

Our private placement and structured finance activities also delivered strong results in 2025. Over the course of the year, we completed 56 private transactions, raising approximately $440.8 million in capital and generating $32.5 million in gross revenue.

Capital formation was led by American Ventures, which raised approximately $180 million, followed by direct-to-cap-table investments totaling approximately $134.1 million. Additional capital was raised through the Dominari Master SPV, which accounted for $85 million, as well as Aeon and Valkyrie X LLC, which contributed approximately $22.9 million and $19.1 million, respectively.

Several outcomes during the year were particularly noteworthy. Series III SRM delivered strong performance, distributing approximately $136.3 million in gains to investors. In addition, American Bitcoin represented the largest private placement transaction in the firm's history, raising approximately $95.4 million and generating roughly $7 million in revenue. This culminated in a successful exit through in-kind distributions to more than 190 investors in early December.

In the aggregate, Dominari Securities, raised approximately $400 million in private placements during 2025 through our American Ventures SPV platform and direct-to-cap-table investments, underscoring the continued growth and effectiveness of our private markets strategy.

Strategic Holdings in Category-Defining Companies

As part of our strategy, we continue to employ a long strategy alongside clients in private companies we believe are shaping the next generation of global innovation. During 2025, these included SpaceX, Cerebras Systems, Groq, xAI, and Anduril.

Throughout the year, these companies achieved meaningful validation through financings, partnerships, and commercial milestones and increasing scale at an accelerated page, reinforcing our conviction in their long-term potential. Importantly, these developments occurred at valuations that were materially higher than entry points for both Dominari and our clients, underscoring the value of disciplined sourcing and long-term orientation.

By way of example, SpaceX recently completed an approximately $800 million financing round, further strengthening its balance sheet and fueling expansion, with market speculation pointing toward a potential IPO at a substantially higher valuation in the coming years.

Groq announced a major strategic partnership with NVIDIA, implying a valuation of approximately $20 billion and reinforcing its position as a critical player in next-generation AI infrastructure. Cerebras Systems reached a major milestone by signing a landmark $10 billion agreement with OpenAI, increasing its valuation to approximately $22 billion, and publicly filing for an IPO. xAI also continued its rapid ascent, recently raising capital at an estimated valuation of $240 billion.

Outlook

As we look ahead to 2026, we are highly optimistic about the opportunities ahead. I believe the trajectory of Dominari Securities, under Mr. Wool's leadership, will build on last year's success and represent a period of harvesting profits for our clients as liquidity events materialize across both public and private holdings. At the same time, we remain committed to rewarding our shareholders through disciplined growth, prudent capital allocation and returning value to shareholders where appropriate.

I am extremely proud of our employees, our leadership team, our Board of Directors, Board of Advisors and our partners. On behalf of the entire Dominari team, thank you for your continued trust and support.

Kind regards,

Anthony C. Hayes

CEO of Dominari Holdings Inc.

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

About Dominari Holdings Inc.

Dominari Securities LLC's Mission Statement:

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, 2024 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.

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

angela.hm.cheung@prenetics.com

SOURCE Dominari Holdings Inc.

Senate Banking Committee postpones vote on crypto market structure legislation amid industry pushback

Thu, 15 Jan 2026 03:12:21 GMT

Scott tells FOX Business he expects passage before midterms despite Coinbase CEO Armstrong withdrawing support for bill 'as written.'

Cerebras scores OpenAI deal worth over $10 billion ahead of AI chipmaker’s IPO

Wed, 14 Jan 2026 02:31:48 GMT

Cerebras plans to deliver up to 750 megawatts of computing power to OpenAI through 2028 in a deal worth over $10 billion.
The deal will help diversify Cerebras away from the United Arab Emirates’ G42, which accounted for 87% of revenue in the first half of 2024.
The company withdrew paperwork for an initial public offering in October, but CEO Andrew Feldman said Cerebras plans to refile.

AI chipmaker Cerebras has signed a deal with OpenAI to deliver 750 megawatts of computing power through 2028, according to a blog post Wednesday by the maker of ChatGPT.

The arrangement is worth over $10 billion, according to people close to the company.

The deal will help diversify Cerebras away from the United Arab Emirates’ G42, which accounted for 87% of revenue in the first half of 2024.

“The way you have three very large customers is start with one very large customer, and you keep them happy, and then you win the second one,” Cerebras’ co-founder and CEO Andrew Feldman told CNBC in an interview.

Cerebras has built a large processor that can train and run generative artificial intelligence models. That makes it a challenger to Nvidia , which sells large quantities of its chips to cloud providers such as Amazon and Microsoft — those companies then rent the graphics cards to clients by the hour. Nvidia became the first company to reach a $5 trillion market capitalization in October, as investors sought to capitalize on further AI growth.

In December, Cerebras rival Groq said Nvidia had signed a nonexclusive licensing agreement that would result in some employees moving to Nvidia. Groq’s cloud service is not part of the deal, which CNBC reported is worth $20 billion in cash, making it Nvidia’s largest transaction to date.

“Cerebras adds a dedicated low-latency inference solution to our platform,” Sachin Katti, who works on compute infrastructure at OpenAI, wrote in the blog. “That means faster responses, more natural interactions, and a stronger foundation to scale real-time AI to many more people.”

The deal comes months after OpenAI worked with Cerebras to ensure that its gpt-oss open-weight models would work smoothly on Cerebras silicon, alongside chips from Nvidia and Advanced Micro Devices .

OpenAI’s gpt-oss collaboration led to technical conversations with Cerebras, and the two companies signed a term sheet just before Thanksgiving, Feldman said in a Wednesday interview with CNBC.

Cerebras has data centers full of its chips in the U.S. and abroad. Feldman said the company will continue to expand its footprint with the OpenAI commitment.

OpenAI evaluated Cerebras’ technology as early as 2017, according to emails that emerged as part of litigation between Sam Altman, OpenAI’s co-founder and CEO, and Tesla CEO Elon Musk, who also co-founded the ChatGPT maker. In 2018, Musk tried to buy Cerebras, Feldman said.

“We were under the impression he was trying to buy us in the context of Tesla,” Feldman said of Musk.

Cerebras filed for an initial public offering in September 2024, revealing that revenue in the second quarter of that year approached $70 million, up from about $6 million in the second quarter of 2023. The company’s net loss swelled to almost $51 million, from $26 million a year earlier.

Investment banks that typically participate in the top technology IPOs were missing from the prospectus, and the company used an auditor other than the so-called Big Four accounting firms.

Cerebras withdrew the paperwork in October, days after announcing a $1.1 billion round of funding that valued it at $8.1 billion. The company said it pulled the prospectus because details were out of date.

“Given that the business has improved in meaningful ways we decided to withdraw so that we can re-file with updated financials, strategy information including our approach to the rapidly changing AI landscape,” Feldman wrote in a LinkedIn post .

A revised filing will provide a better explanation of the business to potential investors, he wrote. On Wednesday he declined to talk about timing for a new filing.

Cerebras’ customer list includes Cognition, Hugging Face and IBM , and in March 2025, the company said the Committee on Foreign Investment in the United States had approved Cerebras’ request to sell shares to G42.

The Wall Street Journal reported on the deal earlier on Wednesday.

Trump tariffs face Supreme Court test as Wall Street watches closely

Fri, 09 Jan 2026 02:22:45 GMT

Dominari Securities founder Kyle Wool and Michael Lee Strategy founder Michael Lee join 'Mornings with Maria' to discuss the tech sector and break down the impact of the Supreme Court's upcoming tariff decision on the U.S. stock market.

Prenetics Provides Update on Voluntary Warrant Exchange Program, Reaching 86.7% Participation

Mon, 05 Jan 2026 02:21:40 GMT

CHARLOTTE, N.C., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading health sciences company and parent of the IM8 premium health and longevity brand, today announced an update to its previously announced voluntary warrant exchange program.

Updated Participation and Impact

In connection with the Company’s prior financing round in October 2025, 2,722,642 Class A ordinary shares were issued, with one Class A warrant and one Class B warrant issued for each such Class A ordinary share, for a total of 5,445,284 warrants.

As of the date of this announcement, the Company has entered into exchange agreements covering 4,720,832 of the 5,445,284 aggregate Class A and Class B warrants issued in the October 2025 financing round, representing approximately 86.7% participation. Following the Company’s prior announcement on December 23, 2025, additional holders of Class A and Class B warrants elected to participate in the exchange program, increasing total participation from approximately 83.4% to approximately 86.7%.

Based on the exchange agreements, a total of approximately 4.72 million in aggregate of the Class A and Class B warrants issued in the October 2025 financing round is expected to be exchanged for approximately 2.36 million Class C warrants.

After such exchange, the total number of outstanding Class A, Class B and Class C warrants is expected to be approximately 3.08 million in aggregate, representing a reduction of approximately 43.3% from the number of Class A and Class B warrants issued in the October 2025 financing round. Assuming full exercise of the approximately 3.08 million Class A, Class B and Class C warrants in exchange for Class A ordinary shares, the dilutive impact relative to the Company’s total outstanding shares would be approximately 18.3%, a reduction from approximately 32.3% represented by the aggregate Class A and Class B warrants issued in the October 2025 financing round.

The Company believes the increased participation further strengthens the positive impact of the warrant exchange by reducing potential dilution, simplifying capital structure, and enhancing the investability of the Company’s ordinary shares.

Summary of the Warrant Exchange Terms

As set out in the Company’s prior announcement on December 23, 2025, under the exchange agreements:

One (1) Class A warrant and one (1) Class B warrant with exercise prices of $24.12 and $32.16, respectively, each with a five-year term have been exchanged for
One (1) new Class C warrant with:
an exercise price of $18.00 per Class A ordinary share,
a two-year term commencing upon the effectiveness of a registration statement on Form F-3 registering the resale of the shares issuable upon exercise of the Class C warrants, and
a standard forced-redemption (call) feature.

The Company may exercise its forced-redemption right only after the registration statement on Form F-3 registering the resale of the shares issuable upon exercise of the Class C warrants is declared effective and only if the Company’s Class A ordinary shares trade at or above 120% of the exercise price (i.e., $21.60) for ten (10) consecutive trading days.

Warrant holders participated in the exchange on a voluntary basis, and identical terms were offered to all eligible warrant holders.

About Prenetics

Prenetics (NASDAQ: PRE) is a leading health sciences company redefining the future of health and longevity through IM8 — its flagship consumer brand co-founded with David Beckham and championed by World No. 1 tennis player Aryna Sabalenka. IM8 has achieved the fastest growth trajectory in supplement industry history, reaching $100 million+ in ARR within 11 months of launch, outpacing even leading AI startups.

About IM8

IM8 is the pinnacle of premium core nutrition, born from a collaboration between David Beckham as a co-founding partner, and an elite team of scientists spanning medical professionals, academia and space science. Combining cutting-edge science with nature’s most potent ingredients, IM8 delivers a holistic, science-backed approach to health, empowering you to live your most vibrant life. IM8’s flagship product, Daily Ultimate Essentials is an all-in-one powder supplement engineered to replace 16 different supplements in a delicious drink and is NSF Certified for Sport, non-GMO, vegan, free from common allergens, and contains no artificial flavors, colors or sweeteners. IM8 is a subsidiary of Prenetics (NASDAQ: PRE), a leading global health sciences company dedicated to advancing consumer health. To learn more about IM8, please visit www.IM8health.com.

Investor Relations Contact:

investors@prenetics.com

PRE@mzgroup.us

Angela Cheung

Investor Relations / Corporate Finance

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s goals, targets, projections, outlooks, beliefs, expectations, strategy, plans, objectives of management for future operations of the Company, and growth opportunities are forward-looking statements. Our guidance (including warrant structure, numbers and timeline) reflects management’s current estimates and assumptions as of the date of this release, is subject to significant risks and uncertainties, and is not a guarantee of future performance. Actual results may differ materially. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” “guidance,” “outlook,” “forecast,” or other similar expressions. Forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which involve inherent risks and uncertainties, and therefore they should not be relied upon as being necessarily indicative of future results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to factors beyond the Company’s control that prevent the closing and final consummation of the exchange agreements. In addition to the foregoing factors, you should also carefully consider the other risks and uncertainties described in the “Risk Factors” section of the Company’s most recent registration statement and the prospectus therein, and the other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission. Unless otherwise specified, all information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Inside the 2026 mega-IPO pipeline for OpenAI, SpaceX and Anthropic

Wed, 31 Dec 2025 02:17:50 GMT

Dominari Financial CEO Kyle Wool discusses the 2026 IPO pipeline for tech giants like OpenAI, SpaceX and Anthropic on ‘The Claman Countdown.’

MMA.INC Announces $3 Million Private Placement Led by American Ventures LLC with Donald Trump Jr Investing in the Offering

Mon, 29 Dec 2025 02:16:20 GMT

New York, NY, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Mixed Martial Arts Group (NYSE: MMA) (“MMA” or “the Company”), operating as MMA.INC, today announced that it has entered into definitive securities purchase agreements dated December 29, 2025 with accredited investors for the issuance and sale of 4,285,714 shares of Series A Preferred Stock (the “Preferred Stock”) of the Company at a price of $0.70 per share with a conversion price of $0.70 per share, on a brokered private placement basis, for aggregate gross proceeds of approximately $3 million, before deducting fees and offering expenses. In addition, the Company issued placement agent warrants (the “Placement Agent Warrants”) to purchase 342,857 ordinary shares at an exercise price of $0.70 per share.

The offering was led by American Ventures LLC with Donald Trump Jr investing in the offering, with Dominari Securities LLC acting as the exclusive placement agent for the Offering. The private placement is expected to close on December 30, 2025, subject to customary closing conditions.

The Company intends to use the proceeds from the offering to advance the Company’s platform expansion and build on recent momentum across its Web3 ecosystem strategy, fully activating its partnership with UFC GYM, capitalizing on the rapid growth of its gym software platform, BJJLink and adoption of its platform across the global community of fighters, gyms and fans.

In connection with the private placement, the Company and American Ventures LLC, Series XL MMA ELOC (“American Ventures”) entered into an Equity Purchase Agreement pursuant to which American Ventures agreed to purchase from the Company up to $20 million of ordinary shares from time to time subject to certain restrictions. In addition, the Company entered into a registration rights agreement with American Ventures to register up to $20 million of ordinary shares.

The securities offered and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the “SEC”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the ordinary shares underlying the Series A Preferred Stock and Placement Agent Warrants to be issued in the private placement. Any resale of the Company’s shares under such resale registration statement will be made only by means of a prospectus.

About Mixed Martial Arts Group Limited

With over 5 million social media followers, 530,000 user profiles, 75,000+ active students, 18,000 published gyms and 800 verified gyms across 16 countries across its various assets, MMA.inc continues to transform the martial arts landscape and deliver unparalleled value to its stakeholders.

We are bringing together martial arts fans, fighters, gyms, and coaches in a single on chain ecosystem. Unlike other models that focus on digital collectibles or limited fan tokens, we're all about real participation and achievement.

From the Ground Up to Worldwide : With over 800 verified gyms, 75,000+ active students already training across 16 countries, MMA.INC connects local gyms with global communities in a single, connected network of value.
Participation as Currency : Engaging in training, streaming, coaching or simply supporting any activity, will earn Experience Points (XP), which is transparently logged on chain and can be redeemed for real rewards.
Merit over Speculation : Rewards will be based on effort, passion and progress, allowing the economy to grow through genuine participation rather than financial gain.
One Unified Ecosystem : With existing platform assets including BJJLink, TrainAlta, Hype and MixedMartialArts.com, MMA.INC provides a complete platform that covers training, community, content and fandom like no other.

For more information, visit www.mma.inc

Forward-Looking Statements

This press release contains forward-looking statements. Any statements contained herein regarding our strategy, potential digital asset treasury, potential MMA.INC token, platform development, future operations, financial position, future revenues, projected costs, prospects, plans and objectives of management, other than statements of historical facts, are forward-looking statements. The forward-looking statements included herein include or may include, but are not limited to, statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases, or expressions such as “achieve,” “forecast,” “plan,” “propose,” “strategy,” “envision,” “hope,” “will,” “continue,” “potential,” “expect,” “believe,” “anticipate,” “project,” “estimate,” “predict,” “intend,” “should,” “could,” “may,” “might,” or similar words, terms, phrases, or expressions or the negative of any of these terms. Any statements contained in this press release that are not based upon historical fact are based on current expectations, estimates, projections, opinions and/or beliefs of the Company. Such statements are not facts and involve known and unknown risks, uncertainties, and other factors. Prospective investors should not rely on these statements as if they were facts. Actual revenue may vary to current sales due to factors such as participant churn, cancellations, and changes in payment schedules, membership terms or pricing changes. Any references to verified gyms, partner gyms, user profiles refer to a database profile that has been claimed or created across the MMA.inc platform, which includes TrainAlta.com, BJJ Link, Hype, MixedMartialArts.com and Steppen. Forward-looking statements involve a number of known and unknown risks and uncertainties, including, but not limited to, those discussed in the “Risk Factors” section of the Form 20-F for the fiscal year ended June 30, 2025 filed with the SEC. Given the risks and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the statements are predictions of future results which may not occur as anticipated. New risk factors emerge from time to time, and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. You should carefully read the factors described in the “Risk Factors” section of the Form 20-F for the fiscal year ended June 30, 2025 filed with the SEC to better understand the risks and uncertainties inherent in our business and industry, and any underlying forward-looking statements. Except where required by law, the Company assumes no obligation to update, withdraw or revise any forward-looking statements to reflect actual results or changes in factors or assumptions affecting such forward-looking statements.

Media Contacts

E: nick@mma.inc

Prenetics Enters Into Warrant Exchange Agreements With Warrant Holders, Strengthening Capital Structure

Tue, 23 Dec 2025 02:08:34 GMT

CHARLOTTE, N.C., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading health sciences company and parent of the IM8 premium health and longevity brand, today announced that it has entered into warrant exchange agreements, subject to customary closing conditions, with holders representing approximately 83.4% of its outstanding Class A and Class B warrants, pursuant to a voluntary warrant exchange program designed to simplify the Company’s capital structure and materially reduce potential future dilution.

The warrant exchange program was developed based on investor feedback and following discussions with several of the Company’s largest institutional shareholders, who expressed strong support for consolidating legacy warrant instruments into a cleaner capital structure.

Background and Participation

In connection with the Company’s prior financing in October 2025, 2,722,642 Class A ordinary shares were issued, with one Class A warrant and one Class B warrant issued for each such Class A ordinary share, for a total of 5,445,284 warrants.

As of the date of this announcement, the Company has entered into exchange agreements covering 4,539,722 of the 5,445,284 aggregate Class A and Class B warrants, representing approximately 83.4% participation.

Summary of the Warrant Exchange

Under the exchange agreements:

One (1) Class A warrant and one (1) Class B warrant with exercise prices of $24.12 and $32.16, respectively, each with a five-year term have been exchanged for
One (1) new Class C warrant with:
an exercise price of $18.00 per Class A ordinary share,
a two-year term commencing upon the effectiveness of a registration statement on Form F-3 registering the resale of the shares issuable upon exercise of the Class C warrants, and
a standard forced-redemption (call) feature.

Warrant holders participated in the exchange on a voluntary basis, and identical terms were offered to all eligible warrant holders.

Impact on Capital Structure

Based on the exchange agreements, a total of approximately 4.54 million in aggregate of the Company’s outstanding Class A warrants and Class B warrants is expected to be exchanged for approximately 2.27 million Class C warrants.

After such exchange, the total number of outstanding Class A warrants, Class B warrants and Class C warrants is expected to be approximately 3.18 million in aggregate, representing a reduction of approximately 42.0% from the number of Class A and Class B warrants issued in the October 2025 financing round, and further up to 50% assuming participation in full by all holders of Class A warrants and Class B warrants.

The Company believes this reduction materially improves its long-term dilution profile, reduces warrant overhang, and enhances the investability of its ordinary shares. The Company is not undertaking this warrant exchange in connection with any financing transaction and has no plans to conduct any equity or equity-linked capital raise in the foreseeable future.

Strategic Rationale and Benefits

The Company believes this warrant exchange delivers several meaningful benefits to the Company and its shareholders, including:

Up to 50% reduction from the number of outstanding Class A warrants and Class B warrants, materially lowering long-term dilution risk
Substantial elimination of two deep out-of-the-money legacy classes of warrants, reducing up to 50% of the overhang on the Company’s shares that resulted from the Class A warrants and Class B warrants
Simplification in favor of a single, unified class of warrants, improving transparency and institutional investability
Improved alignment with shareholders, by providing a more realistic and attainable path to warrant redemption

The Company noted that its largest institutional investors, each with significant long-term investments, have participated in the exchange, reflecting strong confidence in the revised structure and its long-term benefits.

About Prenetics

About IM8

Investor Relations Contact

investors@prenetics.com

PRE@mzgroup.us

Angela Cheung

Investor Relations / Corporate Finance

angela.hm.cheung@prenetics.com

Forward-Looking Statements

Market Expert Forecasts a 'Mega IPO' Year in 2026, Eyeing Tech and Space Sectors

Mon, 22 Dec 2025 02:03:35 GMT

Dominari Securities CEO Kyle Wool and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss the likelihood of a Santa Claus rally and provide their 2026 outlooks on 'Mornings with Maria.'

Exclusive: AI chip firm Cerebras set to file for US IPO after delay, sources say

Fri, 19 Dec 2025 02:00:01 GMT

Cerebras targets Q2 2026 for IPO after previous withdrawal
Company prepares to file with the SEC for the IPO next week
Cerebras competes with Nvidia in AI chip market
Cerebras raised over $1 billion, valued at $8 billion
G42's investment faced U.S. national security review

NEW YORK, Dec 19 (Reuters) - AI chip maker Cerebras Systems is preparing to file for a U.S. initial public offering as soon as next week, targeting a second-quarter 2026 listing, people familiar with the matter said.

The company, which develops high-performance processors for artificial intelligence workloads, withdrew its prior IPO filing in October, days after announcing it had raised over $1 billion in a fundraising round that valued the AI chipmaker at $8 billion.

Cerebras declined to comment.

The company first filed paperwork with the U.S. Securities and Exchange Commission in 2024, before postponing and ultimately withdrawing its IPO earlier this year. Reuters previously reported that the earlier delay followed a U.S. national security review of UAE-based tech conglomerate G42’s minority investment in the AI chipmaker.

G42, which had been both an investor and one of Cerebras’ largest customers, drew increased scrutiny from U.S. authorities amid concerns that Middle Eastern companies could provide China access to advanced American AI technology, Reuters previously reported.

The company announced earlier this year that it has obtained clearance from the Committee on Foreign Investment in the United States (CFIUS).

In the new filing, G42 is no longer listed among Cerebras’ investors, one of the people said. Reuters could not learn the reason. The Abu Dhabi-based tech group had previously been a minority investor and commercial partner.

Reuters previously reported that G42’s participation was a sticking point in the CFIUS review, which contributed to delays in the company’s earlier IPO filing.

G42 didn't immediately respond to requests for comment.

Sunnyvale, California-based Cerebras, is known for its wafer-scale engines, chips designed to accelerate training and inference for large AI models, competing with offerings from Nvidia (NVDA.O), opens new tab and other AI chip makers.

U.S. IPO activity has held up in 2025 despite April market volatility triggered by President Donald Trump’s sweeping tariffs and the longest government shutdown. Traditional listings have raised $46.15 billion so far this year, excluding blank-check firms, the highest since 2021, with deal volume up more than 21% from a year earlier, Dealogic data show.

Bankers expect momentum to strengthen next year, with high-profile companies such as Elon Musk’s SpaceX weighing potential flotations.

Thumzup Media Corporation Completes Acquisition of Dogehash Technologies; Forms Datacentrex, Inc.

Mon, 15 Dec 2025 01:56:36 GMT

Transaction Approved by Shareholders and Nasdaq; Datacentrex Established as Public Digital Infrastructure Company
New independent directors appointed: Christopher R. Moe (formerly Red Cat Holdings, Nasdaq-Listed) and Dr. Allan Evans (CEO of NYSE-listed Unusual Machines)
Reconstituted Board and leadership team bring deep expertise in digital infrastructure, blockchain operations, and public-company governance

LOS ANGELES, Dec. 15, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP ), a diversified technology-driven enterprise, today announced the successful closing of its previously announced acquisition of Dogehash Technologies, Inc. ("Dogehash"), an industrial-scale blockchain infrastructure company focused on Dogecoin and Litecoin mining.

The acquisition was approved by Thumzup's shareholders at the Company's 2025 Annual Meeting of Stockholders on December 8, 2025, and has also received all required approvals from Nasdaq, satisfying the final conditions to closing.

The acquisition was completed upon Nasdaq approval, and the combined company will operate under the name "Datacentrex, Inc." ("Datacentrex"). Its common stock is expected to begin trading on the Nasdaq Stock Market under the ticker symbol DTCX, on Tuesday, December 16, 2025.

The closing of the Dogehash acquisition marks a significant milestone in Thumzup's transformation into a digital infrastructure company with exposure to blockchain mining, data-center operations, and digital asset treasury strategies.

By combining Dogehash's operating mining assets and infrastructure expertise with Thumzup's public-company platform and capital markets access, management believes Datacentrex is positioned to pursue scalable, cash-flow-generating opportunities across digital asset infrastructure and next-generation computing.

"We are pleased to have completed this transaction with the full support of our shareholders and Nasdaq," said Robert Steele, Chief Executive Officer of Thumzup. "With the acquisition closed and Datacentrex now established, our focus is squarely on execution, operational scaling, and disciplined capital allocation."

Dogehash currently operates approximately 3,100 Scrypt ASIC miners across four diversified data centers in North America. An additional 1,000 ASIC miners are on order and expected to be deployed in the first half of 2026, expanding the fleet to more than 4,100 miners.

The Company expects continued growth in digital asset production through 2026, supported by energy-efficient hardware, low-cost power sourcing, and a scalable infrastructure footprint.

"Our team built Dogehash with a focus on efficiency and long-term scalability," said Parker Scott, Chief Executive Officer of Dogehash. "Completing this merger allows us to accelerate growth as part of Datacentrex while maintaining operational discipline. With a strong combined balance sheet and cash position, we are positioning Datacentrex for long-term success and value creation."

As previously disclosed, Datacentrex will be led by a reconstituted Board of Directors and management team with deep experience in public-company governance, digital infrastructure, and blockchain operations.

The Board includes newly elected independent directors Christopher R. Moe and Dr. Allan Evans, along with Chris Ensey who has been serving on the Board since October 2025. Each of the foregoing independent directors brings senior leadership experience from Nasdaq- and NYSE- listed companies spanning digital infrastructure, advanced technologies, and large-scale operations.

Upon completion of the acquisition, Parker Scott, Chief Executive Officer of Dogehash, became Chief Executive Officer of the combined company and joined the Board. Robert Steele transitioned to Chief Financial Officer and continues to serve as a director. Together, the Board and management team provide Datacentrex with strong governance oversight, operational expertise, and capital markets experience as Datacentrex enters its next phase of growth.

Datacentrex intends to maintain a diversified digital asset treasury from its yield on its mining hashrate, which include Dogecoin (DOGE), Litecoin (LTC), and Bitcoin (BTC).

About Thumzup®

Thumzup Media Corporation is a diversified technology-driven enterprise transitioning from its roots in social media marketing to potential high-growth sectors including digital-asset infrastructure, data-center operations and quantum-computing-adjacent technologies. Thumzup intends to pursue selective investments, partnerships, and acquisitions to drive innovation and value creation.

Forward-Looking Statements Disclaimer

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements regarding Datacentrex's future financial condition, results of operations, business operations and business prospects, are forward-looking statements. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements are subject to important factors, risks, uncertainties, and assumptions, including industry and economic conditions that could cause actual results to differ materially from those described in the forward-looking statements. Such factors, risks, uncertainties and assumptions include, but are not limited to, Datacentrex's ability to successfully achieve its strategic initiatives, including its expectation that it will be able to secure additional miners; unexpected costs, charges or expenses resulting from the merger; potential adverse reactions or changes to business relationships resulting from the completion of the merger; risks related to the inability of Datacentrex to successfully operate as a combined business; risks associated with the possible failure to realize certain anticipated benefits of the merger, including with respect to future financial and operating results; competition in Datacentrex's markets; risks associated with Datacentrex's investment strategy, including digital asset market volatility, cybersecurity and custody of digital assets, potential changes in laws or accounting standards relating to digital assets and regulatory developments affecting digital assets; and volatility of Datacentrex's stock price. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Investors and security holders are urged to read these documents free of charge on the SEC's website at: http://www.sec.gov. The risks and uncertainties that Datacentrex has described are not the only ones Datacentrex faces. Additional risks and uncertainties not presently known to Datacentrex or that Datacentrex currently deems immaterial may also affect Datacentrex's operations. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Datacentrex's control) and assumptions that could cause actual results to differ materially from historical experience. Actual results may differ materially from those in the forward-looking statements and the trading price for Datacentrex's common stock may fluctuate significantly Except as required by law, Datacentrex undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

SOURCE Thumzup Media Corporation

Dominari Holdings Announces $10 Million Cash Dividend

Thu, 11 Dec 2025 01:53:33 GMT

NEW YORK, Dec. 11, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH ) is pleased to announce that its board of directors has authorized a special cash dividend of, in the aggregate, approximately $10 million, or approximately $0.44 per share. The dividend is payable on or about January 23, 2026, to DOMH's common stock shareholders and certain DOMH warrant holders (on an as-exercised basis) of record as of the close of business on December 31, 2025.

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

About Dominari Holdings Inc.

Dominari Securities LLC's Mission Statement:

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, 2023 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.

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

Email: brett@haydenir.com

www.haydenir.com

SOURCE Dominari Holdings Inc.

American Bitcoin Increases Strategic Reserve to 4,783 Bitcoin

Wed, 10 Dec 2025 01:48:34 GMT

MIAMI, Dec. 10, 2025 /PRNewswire/ -- American Bitcoin Corp. (Nasdaq: ABTC) ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, has acquired approximately 416 Bitcoin since its last update on December 2, 2025. As of December 8, 2025, the Company held approximately 4,783 Bitcoin acquired through Bitcoin mining and strategic purchases, which includes Bitcoin held in custody or pledged for miner purchases under an agreement with BITMAIN.

As part of its commitment to transparency, American Bitcoin continues to provide periodic updates to its Satoshis Per Share ("SPS") metric, which reflects the amount of Bitcoin attributable to each outstanding share of common stock. SPS offers investors visibility into their indirect ownership of Bitcoin through their equity in the Company.

"With our Bitcoin reserve now at 4,783, we continue to scale at an exceptional pace. SPS grew more than 17% in just over a month, and we added 416 Bitcoin in the past week—evidence of the strength and efficiency of our strategy," said Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin. "In the three months since we listed on Nasdaq, we have built one of the largest and fastest growing Bitcoin accumulators, supported by a cost structure and margin profile that positions us for long term value creation. We remain laser-focused on advancing our strategy and building on this momentum in the months ahead."

Satoshis Per Share (SPS) and Bitcoin Reserve 1, 2, 3, 4

Note: 1 Bitcoin = 100,000,000 Satoshis

Note: (1) Number of common shares issued and outstanding before the merger of American Bitcoin and Gryphon Digital Mining, Inc. on September 3, 2025 (the "Merger") have been adjusted to reflect the Merger exchange ratio of ~14.4995; (2) Number of Bitcoin have been rounded to the nearest whole number; (3) Number of Bitcoin includes Bitcoin purchased but not settled in wallet; (4) Includes Bitcoin held in custody or pledged for miner purchases under an agreement with BITMAIN.

Supplemental Materials and Upcoming Communications

The Company expects to make available on its website and/or official social media channels certain materials and updates, including regarding its Bitcoin holdings, SPS, and related performance metrics. For important news and information regarding the Company, visit the Investor Relations section of the Company's website, abtc.com/investors, and its social media accounts, including on X, Instagram, and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.

About American Bitcoin

American Bitcoin Corp., a majority-owned subsidiary of Hut 8 Corp., is a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure platform. The Company delivers institutional-grade exposure to Bitcoin through an industry-first business model that integrates scaled self-mining operations with disciplined accumulation strategies. For more information, visit abtc.com and follow the Company on X at @ABTC.

Cautionary Note Regarding Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements, include, but are not limited to, statements relating to the Company's ability to scale its Bitcoin reserve and SPS, the strength and efficiency of the Company's strategy, the Company's positioning for long term value creation, and the Company's ability to build on momentum.

Forward-looking statements are not statements of historical fact, but instead represent management's expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by the Company as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: the price of Bitcoin and concentration of Bitcoin holdings; failure to grow hashrate; the purchase of miners; competition from other methods of investing in Bitcoin; uncertainty in the development and acceptance of the Bitcoin network; reliance on third-party mining pool service providers; hedging transactions; Bitcoin halving events; failure to realize the anticipated benefits of the merger transactions; dependence on Hut 8; liquidity constraints and failure to raise additional capital; failure of critical systems; competition from current and future competitors; changes in leasing arrangements; hazards and operational risks; electrical power requirements; geopolitical, social, economic, and other events and circumstances; cybersecurity threats and breaches; Internet-related disruptions; dependence on key personnel; having a limited operating history; rapidly changing technology; predicting facility requirements; acquisitions, strategic alliances or joint ventures; operating and expanding internationally; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; stock price volatility; the Company's multi-class capital structure and status as a controlled company; and other factors that may affect the future business, results, financial position and prospects of the Company. Additional factors that could cause results to differ materially from those described above can be found in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, the proxy statement/prospectus filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") on July 31, 2025, in the Company's Current Report on Form 8-K filed with the SEC on September 3, 2025 and in other documents filed by the Company from time to time with the SEC.

SOURCE American Bitcoin Corp.

JFB Construction Announces Expected Increase of over 20 Percent in Q4 2025 Revenues as Compared with Q4 2024 Revenues

Mon, 08 Dec 2025 01:31:53 GMT

Company provides year-end business update

Lantana, Fla, Dec. 08, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it anticipates an increase of over 20 percent in Q4 2025 revenues as compared to Q4 2024 revenues.

“We achieved several milestones during the fourth quarter of 2025, and as a result we anticipate strong revenue performance to finish the year, and we still have three weeks remaining to recognize revenue on projects in 2025. Importantly, many of these projects are also expected to contribute towards strong revenue performance moving into Q1 2026,” said Chief Executive Officer Joseph F. Basile, III.

Highlights of the Company’s fourth quarter success include:

Execution of an $18.9 million contract in October for the first of three phases of the construction and continuation of the existing campus of a high school in DeSoto County, Fla. The total value of the contract upon final completion is $100 million
Vertical construction on 79 townhouses in Port Salerno, Fla.
Approval for the issuance of an $18.9 million bond to act as general contractor for the first phase of construction of the high school
Ongoing construction of a Courtyard Marriott in Olive Branch, Miss., in which JFB also has a 25% ownership interest
Completion of a $44 million private placement, $34 million of which is designated for general corporate operating expenses

Mr. Basile continued, “The Company’s strong balance sheet -- with over $34 million in working capital -- is a leading factor in being awarded key municipal contracts. Our working capital enhances our bonding capacity, which enables us to secure larger and more complex construction projects with lower risk to our clients, providing an advantage over our competitors. In addition, I have signed a personal guarantee for the DeSoto County school project, demonstrating my confidence in JFB Construction and the Company's financial ability to complete this project on time and on budget.

“As we approach the end of 2025, we believe that the DeSoto County high school project will have an immediate impact on our fourth quarter revenue. We began construction in October 2025 and plan to complete construction of Phase 1 in January 2026. The Phase 2 contract is valued at over $30 million, and we intend to commence construction in June 2026.

“In addition, the construction of public schools will become a new avenue for JFB as the State of Florida continues to adapt to the influx of residents and families from all over the country. We will be working with Building Tomorrow’s Schools, a school developer, which has coordinated the construction of over 40 schools in Florida,” concluded Mr. Basile.

About JFB Construction Holdings

JFB Construction Holdings (“JFB”) offers generations of combined experience in residential and commercial construction and development. Having the experience of building multifamily communities, shopping centers, national franchises, and exclusive estate and equestrian homes, with over 2 million square feet of commercial and retail space, JFB provides hands-on professional expertise, which has led to the quality and production we are known for.

JFB’s reputation has been built on our clients' trust and the value we bring to each project.

JFB is proud that most of our projects are obtained through referrals and repeat customers, and that to date we have provided general contracting and construction management services in 36 U.S. States.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

JFB Construction Holdings Contact:

Joseph F. Basile, III

561-582-9840.

joe@jfbconstruction.net

Investor Relations Contact:

CORE IR

Mike Mason

516 222 2560

New America Acquisition I Corp Announces Closing of $345 Million Initial Public Offering

Fri, 05 Dec 2025 01:28:47 GMT

Heavily oversubscribed offering driven by deep institutional demand; underwriters exercised full over-allotment option

NEW YORK, NY / ACCESS Newswire / December 5, 2025 / New America Acquisition I Corp (NYSE:NWAXU) today announced the closing of its initial public offering of 34,500,000 units at a public offering price of $10.00 per unit, which included 30,000,000 units initially offered and sold, and an additional 4,500,000 units issued pursuant to the full exercise of the underwriters' over-allotment option. The units began trading on the New York Stock Exchange under the symbol "NWAXU" on December 4, 2025.

Kevin McGurn, Chief Executive Officer and Chairman of New America Acquisition I Corp., commented:

"Our IPO represents a significant milestone in building a focused investment platform targeting long-term opportunities across industrial automation, data and AI infrastructure, manufacturing and the modernization of U.S. energy and power systems. The offering was massively oversubscribed, which I believe reflected investor conviction in the scale of reinvestment and structural change occurring across the U.S. industrial and technology landscape. These sectors are benefiting from sustained capital deployment, advances in automation and computing and the strengthening of domestic supply chains, creating a compelling environment for scalable and profitable businesses. With the combined operating, governance and capital markets experience of our management team, board and advisory group, we are well positioned to identify a company with strong fundamentals and the potential to create meaningful long-term value as a public enterprise."

Each unit consists of one share of New America Acquisition I Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and the warrants are expected to trade on the NYSE, under the symbols "NWAX" and "NWAXW," respectively.

Concurrently with the closing of the initial public offering, the company closed a private placement of 600,000 units, at a price of $10.00 per unit, resulting in gross proceeds of $6,000,000. The private units are substantially similar to the units sold in the public offering. Of the proceeds received from the closing of the public offering and the closing of the private placement of units, $345,000,000 (or $10.00 per unit sold in the public offering) has been placed in a U.S.-based trust account. The company intends to use the amount in trust to seek a merger or similar business combination with one or more businesses.

Dominari Securities LLC ("Dominari Securities") and D. Boral Capital LLC ("D. Boral Capital") acted as co-book-running managers for the offering.

A registration statement relating to these securities became effective under the rules of the U.S. Securities and Exchange Commission (the "SEC") on November 19, 2025. The offering was made only by means of a prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

About New America Acquisition I Corp

Forward Looking Statements

This press release contains forward-looking statements. Forward-looking statements are not historical facts and include statements regarding the company's plans, objectives, expectations and intentions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. Many such risks and uncertainties are beyond the control of the company, including those discussed in the Risk Factors section of the company's registration statement for the initial public offering, which is available on the SEC's website, www.sec.gov. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Investor/Press Contact:

Brian S. Siegel, IRC®, M.B.A.

Senior Managing Director

Hayden IR - Chicago

(346) 396-8696 (o)

brian@haydenir.com

SOURCE : New America Acquisition I Corp.

Ryan Payne Warns Investors Not To ‘Concentrate’ Assets in AI Markets

Mon, 01 Dec 2025 01:24:00 GMT

Dominari Securities CEO Kyle Wool and Payne Capital Management President Ryan Payne discuss how rate cuts are impacting market sentiment, best investments during the holiday season and more on ‘Mornings with Maria.’

Prenetics Executives Announce Open Market Share Purchases Totaling Approx. $1.45 Million

Mon, 24 Nov 2025 01:22:38 GMT

CHARLOTTE, N.C., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), the parent company of IM8 and a global health-tech and longevity company pioneering a dual-engine strategy across consumer wellness and Bitcoin, today announced that all key members of its executive leadership team have executed open market purchases of Prenetics’ common stock during the Company’s designated trading window.

In total, the executive team acquired 111,911 shares of Prenetics’ common stock for an aggregate purchase price of approximately $1,446,887.

Individual Transaction Details

Danny Yeung, Chief Executive Officer

In two open market transactions on November 18 and 19, Mr. Yeung acquired a total of 40,118 shares for a total purchase price of approximately $502,000, at an average price of approximately $12.51 per share.

Rahul Ramchand, Chief Marketing Officer

In two open market transactions on November 12 and 14, Mr. Ramchand acquired a total of 60,000 shares for a total purchase price of approximately $793,972, at an average price of approximately $13.23 per share.

Stephen Lo, Chief Financial Officer

In an open market transaction on November 21, Mr. Lo acquired 8,000 shares for a total purchase price of approximately $100,915, at an average purchase price of approximately $12.61 per share.

David Vanderveen, President of Americas

In an open market transaction on November 20, Mr. Vanderveen acquired 3,793 shares for a total purchase price of approximately $50,000, at an average purchase price of approximately $13.15 per share.

Danny Yeung, CEO of Prenetics, commented:

“These purchases reflect our collective conviction in the long-term vision of Prenetics and IM8. With IM8 scaling rapidly as one of the fastest-growing wellness brands globally and our Bitcoin-treasury strategy reinforcing long-term financial resilience, our executive team is fully aligned with shareholders. We believe Prenetics is still in the early innings of unlocking its true value, and we are investing personally because we see an exceptional future ahead.”

This press release is being furnished as an exhibit to a Form 6-K that will be filed with the U.S. Securities and Exchange Commission.

About Prenetics

Prenetics (NASDAQ: PRE) is a leading health sciences company redefining the future of health and longevity through IM8 — its flagship consumer brand co-founded with David Beckham and championed by World No. 1 tennis player Aryna Sabalenka. IM8 has achieved the fastest growth trajectory in supplement industry history, reaching $100M Annual Recurring Revenue in just 11 months from launch, outpacing even leading AI startups.

As the first consumer health company to establish a Bitcoin treasury, Prenetics continues to pioneer at the intersection of health innovation and digital assets - purchasing 1 Bitcoin per day, now totaling 501 BTC as of November 24, 2025.

About IM8

Investor Relations Contact:

investors@prenetics.com

PRE@mzgroup.us

Angela Cheung

Investor Relations / Corporate Finance

angela.hm.cheung@prenetics.com

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s goals, targets, projections, outlooks, beliefs, expectations, strategy, plans, objectives of management for future operations of the Company, and growth opportunities are forward-looking statements. Our guidance reflects management’s current estimates and assumptions as of the date of this release, is subject to significant risks and uncertainties, and is not a guarantee of future performance. Actual results may differ materially. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” “guidance,” “outlook,” “forecast,” or other similar expressions. Forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which involve inherent risks and uncertainties, and therefore they should not be relied upon as being necessarily indicative of future results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to: future alpha-generating activities involving the Company’s Bitcoin holdings could expose it to additional risks; the Company’s purchase of Bitcoin subjects it to risks related to extreme volatility and speculative nature of Bitcoin; the Company may not be able to maintain and enhance its IM8 business and brand if it suffers negative publicity or fails to maintain a strong base of engaged customers and content creators, or otherwise fails to meet customers’ expectations; the Company’s ability to further develop and grow its business, including new products and services; its ability to execute on its new business strategy in genomics, precision oncology, and specifically, early detection for cancer; the results of case control studies and/or clinical trials; and its ability to identify and execute on M&A opportunities. In addition to the foregoing factors, you should also carefully consider the other risks and uncertainties described in the “Risk Factors” section of the Company’s most recent registration statement and the prospectus therein, and the other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission. Unless otherwise specified, all information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

authID Announces Pricing of Approximately $3,675,000 Registered Direct Offering

Fri, 21 Nov 2025 01:17:53 GMT

DENVER, Nov. 21, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell approximately 2,688,747 shares of its common stock (the “Shares”) and/or Pre-Funded Warrants (the “Pre-Funded Warrants”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share and/or Pre-Funded Warrant will be $1.35 ($1.71 if purchased by Directors, Officers and/or Affiliates). The aggregate gross proceeds from the Offering are expected to be approximately $3,675,000 before deducting placement agent fees and other offering expenses.

The Company’s Registered Direct Offering was led by Mr. Kyle Wool and Mr. Steve Garchik.

The closing of the Registered Direct Offering is expected to occur on or about November 24, 2025, subject to the satisfaction of customary closing conditions.

Dominari Securities LLC and Madison Global Partners, LLC, acted as Co-Placement Agents for the offering.

authID intends to use the net proceeds for working capital and general corporate purposes.

The Shares and/or Pre-Funded Warrants offered in the Registered Direct Offering are being offered by the Company pursuant to a shelf registration statement (Registration No. 333-283580) filed with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on December 13, 2024. The offering is being made only by means of a prospectus supplement and accompanying prospectus. A prospectus supplement and accompanying prospectus relating to the Registered Direct Offering will be filed with the SEC and, when available, may be obtained for free on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and accompanying prospectus relating to the Registered Direct offering may be obtained by contacting Madison Global Partners, LLC, Attention: David S. Kaplan, 350 Motor Parkway, Suite 205, Hauppauge, NY 11788, by email at info@madisonglobalpartners.com , or by telephone at (646) 690-0330.

About authID Inc.

authID® (Nasdaq: AUID) ensures enterprises “Know Who's Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user's identity, eliminating any assumption of 'who' is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Leveraging a 1-in-1-billion False Positive Rate for the highest level of assurance, coupled with industry-leading speed and privacy-preserving technology, authID provides the most secure digital identity experience. Our IDXTM platform secures the distributed workforce of employees, contractors, and vendors, as well as bringing authorization and accountability for AI agents through our authID MandateTM product line. By creating a biometric root of trust for each user, authID stops fraud at onboarding, detects and stops deepfakes, eliminates password risks and costs, and provides the fastest, frictionless, and most accurate user identity experience in the industry.

For further information please visit authid.ai

Media Contacts

NextTech Communications

Walter Fowler

1-631-334-3864

wfowler@nexttechcomms.com

Investor Relations Contacts

Investor-Relations@authid.ai

Cautionary Statement Regarding Forward-Looking Statements:

TThis Press Release includes “forward-looking statements.” All statements other than statements of historical facts included herein are forward-looking statements. Actual results may vary materially from the results anticipated by these forward-looking statements as a result of a variety of risk factors. See the Company’s Annual Report on Form 10-K for the Fiscal Year ended December 31, 2024, filed at www.sec.gov and other documents filed with the SEC for risk factors which investors should consider. These forward-looking statements speak only as to the date of this release and cannot be relied upon as a guide to future performance. authID expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release to reflect any changes in its expectations with regard thereto or any change in events, conditions, or circumstances on which any statement is based.

CEO reveals where 'astronomical' amount of money is invested

Tue, 18 Nov 2025 01:13:45 GMT

Dominari Securities CEO Kyle Wool and Payne Capital Management president Ryan Payne advise investors ahead of NVIDIA's third-quarter earnings report and more on 'Mornings with Maria.'

Dominari 2025 Revenue Surges 703% in First Nine Months, Balance Sheet Strengthens Significantly

Tue, 11 Nov 2025 01:11:39 GMT

Q3 Revenue of $50.8 Million, up 49% from Q2, 2025

NEW YORK, Nov. 11, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH ) ("Dominari" or the "Company"), today announced highlights of its financial results for the quarter ended September 30, 2025, which were filed today with the Securities and Exchange Commission ("SEC") in the Company's quarterly SEC Form 10Q.

"We achieved remarkable year-to-date revenue growth in the third quarter of more than 700% year-over-year, reflecting strong underwriting activity, robust client engagement and disciplined operational execution," said Anthony Hayes, Chief Executive Officer of Dominari. "The efforts of Dominari's President, Mr. Kyle Wool, continue to strengthen our balance sheet and reflect the financial discipline and foundation that underpin our business. Mr. Wool, and the efforts of many others at Dominari, have produced sequential quarterly and year-over-year growth. The results demonstrate sustained momentum across all segments, positioning the company for continued success and long-term value creation for our shareholders and clients."

Third Quarter 2025 Highlights (as of September 30, 2025)

Revenue of $50.8 million, up over 1,150% from the year ago quarter of $4.0 million and 49% from the second quarter of 2025.
Loss from operations of $1.6 million, an improvement of $1.6 million compared to a loss of $3.2 million in the year ago quarter.
Other income of $127.7 million, including a significant increase in the market value of the Company's investment in American Bitcoin Corp., which began trading on the Nasdaq exchange on September 3, 2025 under the ticker symbol "ABTC."
Net income to common stockholders of $125.2 million, an improvement of $129.4 million compared to a net loss of $4.2 million in the third quarter of 2024.
Payment by the Company on September 26, 2025 of a cash dividend of $0.22 per share of common stock, for an aggregate of approximately $4.9 million, to shareholders of record as of September 3, 2025.
Working capital of $198.8 million, total assets of $223.4 million and total shareholders' equity of $210.3 million, compared to $24.4 million, $47.1 million and $39.9 million, respectively, reflecting increases of 716%, 374%, and 428%, respectively, as of December 31, 2024.

Strategic and Operational Update

Raised more than $1.4 billion in capital markets activity year-to-date from investors to support American companies across key sectors of innovation including artificial intelligence, defense technology, financial infrastructure and next-generation computing.
Dominari Securities LLC approved as a Limited Underwriting member of the New York Stock Exchange and NYSE American Equities effective October 8, 2025.

About Dominari Holdings Inc.

The Company is a holding company that, through its various subsidiaries, is currently engaged in wealth management, investment banking, sales and trading and asset management. In addition to capital investment, Dominari provides management support to the executive teams of its subsidiaries, helping them to operate efficiently and reduce cost under a streamlined infrastructure. In addition to organic growth, the Company seeks opportunities outside of its current business to enhance shareholder value, including in the AI and Data Center sectors.

Dominari Securities LLC's Mission Statement:

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 LLC 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, 2024 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.

angela.hm.cheung@prenetics.com

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

Email: brett@haydenir.com

www.haydenir.com

SOURCE Dominari Holdings Inc.

Skyline Builders Group Holding Ltd. Announces Closing of $23.9 Million Private Placement

Mon, 03 Nov 2025 01:02:21 GMT

Hong Kong, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQ: SKBL) (the “Company”), a civil engineering services provider in Hong Kong, today announced that on November 3, 2025 (the “Closing Date”) it closed its previously announced private placement (the “Private Placement”) of 17,370,909 Class A Ordinary Shares and/or Prefunded Warrants in lieu of Class A Ordinary Shares , together with Class A Ordinary Share Purchase Warrants to purchase up to 17,370,909 Class A Ordinary Shares (the “Ordinary Warrants") at a purchase price for a combination of one Class A Ordinary Share and one Ordinary Warrant of $1.375 and a purchase price for a combination of one Prefunded Warrant and one Ordinary Warrant of $1.37499, for combined aggregate gross proceeds of approximately $23,885,000, before deducting placement agent fees and other offering expenses payable by the Company.

Each Prefunded Warrant is immediately exercisable and entitles the holder to acquire one Class A Ordinary Share at an exercise price of $0.0001 per share. Each Ordinary Warrant is immediately exercisable and entitles the holder to acquire one Class A Ordinary Share at an exercise price of $1.50 per share until the fifth anniversary of the date of issuance.

The Company intends to use the net proceeds of the private placement for general working capital and other general corporate purposes.

Dominari Securities LLC, Revere Securities LLC and Pacific Century Securities (the “Placement Agents”) acted as co-placement agents for the private placement.

The securities issued and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or state securities laws and may not be offered or sold in the United States absent registration under the Securities Act of 1933, as amended (the “Securities Act”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the Securities and Exchange Commission covering the resale of the Class A Ordinary Shares and the Class A Ordinary shares underlying the Pre-funded Warrants, Ordinary Warrants and warrants issued to the placement agent at closing. Any resale of the Company’s shares under such resale registration statement will be made only by means of a prospectus or pursuant to an exemption from the Securities Act.

About Skyline Builders Group Holding Limited

Forward-Looking Statements

For more information, please contact:

Skyline Builders Group Holding Limited
Investor Relations Department
Email: ir@skylinebuilders.cc

Prenetics Bolsters Bitcoin Treasury with Strategic Acquisition of 100 Bitcoin, IM8 Reaches $100M ARR

Fri, 31 Oct 2025 20:03:08 GMT

Additional Bitcoin Acquisition Follows Immediately on $44 Million Equity Offering

Company now holds a total of 378 BTC (valued at ~$41 Million)

CHARLOTTE, N.C., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading health sciences company, today announces the acquisition of 100 Bitcoin, at an average price of $109,594 per Bitcoin. This acquisition demonstrates the Company's dedication and continued discipline to building its Bitcoin treasury.

Strategic Capital Deployment Following Successful Equity Raise

This Bitcoin acquisition represents the initial deployment of proceeds from Prenetics' recently completed $44 million equity offering, which closed on October 28, 2025. The significantly oversubscribed offering attracted high-quality strategic investors including Kraken, Exodus, GPTX by Jihan Wu (Founder and CEO of NASDAQ-listed Bitdeer), XtalPi, DL Holdings and World No. 1 tennis champion Aryna Sabalenka, validating the Company's innovative dual-engine strategy combining health innovation with digital asset treasury management.

"This 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors," said Danny Yeung, Chief Executive Officer of Prenetics. "Given our successful capital raise, our balance sheet is now exceptionally strong with $127 million in total liquidity and zero debt, providing us with substantial runway to execute our growth strategy. With IM8 reaching $100 million in annual recurring revenue in just 11 months—the fastest growth in supplement industry history—our focus is now on accelerating growth for IM8 globally across new markets and product lines. Our dual-engine strategy positions this growth acceleration as our primary driver, while our Bitcoin treasury strategy provides additional long-term value creation. We now have all the capital we need to maintain IM8's market leadership while building substantial treasury assets for the future."

Balance Sheet & Liquidity

Following the Bitcoin acquisition and equity raise closing, Prenetics maintains a robust financial position with approximately $127 million in total liquidity ($86 million in cash and $41 million in Bitcoin holdings via 378 BTC). The Company continues its systematic Bitcoin accumulation strategy of 1 Bitcoin per day alongside strategic larger acquisitions during favorable market conditions. This strong balance sheet provides substantial runway for the Company's dual-engine growth strategy while maintaining zero debt.

IM8

The Company's IM8 supplement brand continues its record-breaking growth trajectory, having reached $100 million in annual recurring revenue within just 11 months of launch – the fastest growth ever recorded in the global supplements industry. With 420,000 customers and 80% of new orders being subscriptions, IM8 provides a strong cash-generating foundation supporting the Company's Bitcoin accumulation strategy.

The Company recently released FY2026 Revenue guidance for IM8, expecting revenues of $180 to $200 million.

CEO’s Strategic Vision and Manifesto

The recently released CEO's comprehensive manifesto, detailing the Company's ambitious vision, is available at www.prenetics.com/manifesto. The manifesto articulates Yeung's conviction that traditional corporate treasury strategies are obsolete in an era of currency debasement and digital transformation. It outlines how Prenetics is pioneering the world's first "health-and-wealth" platform, combining explosive growth in the $700+ billion wellness market with strategic Bitcoin accumulation. The document has garnered significant attention from investors and industry leaders for its bold vision of creating unprecedented shareholder value through this innovative dual-engine approach.

For real-time access to the Company’s Bitcoin holdings, please visit https://prenetics.com/btc

About Prenetics

Prenetics (NASDAQ: PRE) is a leading health sciences company redefining the future of health and longevity through IM8 — its flagship consumer brand co-founded with David Beckham and championed by World No. 1 and four-time Grand Slam winner Aryna Sabalenka — now the fastest-growing supplement brand globally, reaching $100 million in annual recurring revenue within just 11 months of launch — the fastest growth ever recorded in the global history of the supplements industry, even outpacing today’s leading AI startups.

As the first consumer health company to establish a Bitcoin Treasury, Prenetics continues to pioneer at the intersection of health innovation and digital assets — purchasing 1 Bitcoin per day, now totaling 378 BTC as of October 31, 2025.

Investor Relations Contact:

investors@prenetics.com

PRE@mzgroup.us

Angela Cheung

Investor Relations / Corporate Finance

Prenetics Global (PRE) Sees Price Target Increase by Cantor Fitzgerald | PRE Stock News

Wed, 29 Oct 2025 20:24:09 GMT

Cantor Fitzgerald maintains their "Overweight" rating on Prenetics Global (PRE, Financial).
Price target raised from $26.00 to $32.00, marking a 23.08% increase.

On October 29, 2025, Cantor Fitzgerald, renowned for its market analyses, announced an update on Prenetics Global (PRE). Analyst Ross Osborn has maintained an "Overweight" rating on the company, underscoring a strong confidence in its market performance.

The advisory firm has also revised its price target for Prenetics Global ( PRE , Financial ), elevating it from a previous $26.00 to a new target of $32.00. This adjustment reflects a substantial 23.08% increase, signaling positive expectations for the future trajectory of the stock.

Investors may view this price target hike as a significant indicator of Prenetics Global's ( PRE , Financial ) potential upward momentum in the stock market. With Cantor Fitzgerald's continued positive outlook, market participants could perceive this as an opportunity for potential growth in their portfolios.

Prenetics Global Ltd is a health sciences company dedicated to advancing consumer health. The consumer initiative is led by IM8, one of the world's fastest-growing supplement brands; Europa, one of the sports distribution companies in the USA; and CircleDNA, a direct-to-consumer DNA testing company. As the first consumer healthcare company to establish a Bitcoin treasury with its initial approximately $20 million Bitcoin purchase and board-approved comprehensive Bitcoin plan of action, Prenetics is pioneering the intersection of healthcare innovation and digital asset adoption.

Wall Street Analysts Forecast

Based on the one-year price targets offered by 1 analysts, the average target price for Prenetics Global Ltd ( PRE , Financial ) is $26.00 with a high estimate of $26.00 and a low estimate of $26.00. The average target implies an upside of 106.35% from the current price of $12.60. More detailed estimate data can be found on the Prenetics Global Ltd (PRE) Forecast page .

Based on the consensus recommendation from 1 brokerage firms, Prenetics Global Ltd's ( PRE , Financial ) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Prenetics Global Ltd ( PRE , Financial ) in one year is $9.85, suggesting a downside of 21.83% from the current price of $12.6. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Prenetics Global Ltd (PRE) Summary page .

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to editors@gurufocus.com .

Prenetics Announces Closing of Approx. $44.0 Million Equity Offering to Fuel IM8’s Global Expansion and Bitcoin Treasury Strategy

Tue, 28 Oct 2025 19:58:07 GMT

JFB Construction Holdings Announces Approximately $44 Million Private Placement Priced At The Market Under Nasdaq Rules

CHARLOTTE, N.C., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading health sciences company, today announced the closing of its previously announced best efforts public offering (the “Offering”) of (i) 2,722,642 Class A ordinary shares, par value $0.0015 per share, of the Company (the “Ordinary Shares,” the Ordinary Shares being sold in the Offering, the “Shares”), (ii) warrants of the Company to purchase up to 2,722,642 Ordinary Shares (the “Class A Common Warrants”), and (iii) warrants of the Company to purchase up to 2,722,642 Ordinary Shares (the “Class B Common Warrants” and together with the Class A Common Warrants, the “Common Warrants”) at a combined offering price of $16.08 per Share and the associated Common Warrants (the “Offering Price”).

The Class A Common Warrants have an exercise price of $24.12 per Ordinary Share (or 50% premium to the Offering Price). The Class B Common Warrants have an exercise price of $32.16 per Ordinary Share (or 100% premium to the Offering Price). Each of the Common Warrants are immediately exercisable upon issuance for a period of five years following the date of issuance.

The gross proceeds to the Company from the Offering were approximately $44.0 million, before deducting placement agent fees and offering expenses payable by the Company, reflecting the final proceeds from the transaction as compared to approximately $48.0 million announced previously. The Company intends to use the proceeds from the Offering for the global expansion of IM8, driven by its explosive growth, and the strategic accumulation of Bitcoin (BTC) as part of its pioneering dual-pronged health and wealth strategy. All of the Shares and associated Common Warrants were offered by the Company.

Dominari Securities LLC (“Dominari”) acted as the sole placement agent for the Offering. Reed Smith LLP served as counsel to the Company. Sichenzia Ross Ference Carmel LLP served as counsel to Dominari.

The securities were offered by the Company pursuant to a shelf registration statement on Form F-3, as amended (No. 333-288824), including base prospectus, declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 11, 2025. A final prospectus supplement and accompanying base prospectus relating to the public offering have been filed with the SEC and are available on the SEC’s website at http://www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained from: Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com, or by telephone at (212) 393-4500.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, if at all, will be made only by means of the prospectus supplement and accompanying prospectus forming a part of the effective registration statement.

About Prenetics

Prenetics (NASDAQ: PRE) is a leading health sciences company redefining the future of health and longevity through IM8 — its flagship consumer brand co-founded with David Beckham and championed by World No. 1 and four-time Grand Slam winner Aryna Sabalenka — now the fastest-growing supplement brand globally, reaching $100 million in annual recurring revenue within just 11 months of launch — the fastest growth ever recorded in the global history of the supplements industry, even outpacing today’s leading AI startups.

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Prenetics may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Prenetics’ beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s ability to successfully raise sufficient capital on reasonable terms or at all, the Company’s ability to meet all of the terms and conditions of the Offering and complete the Offering, the Company’s ability to execute its new Bitcoin treasury strategy; the volatility of Bitcoin; the Company’s ability to manage its growth and expansion; the Company’s ability to compete in the highly competitive consumer health market; and other risks and uncertainties. Further information regarding these and other risks is included in Prenetics’ filings with the SEC. All information provided in this press release is as of the date of this press release, and Prenetics does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

investors@prenetics.com
PRE@mzgroup.us
Angela Cheung
Investor Relations / Corporate Finance
angela.hm.cheung@prenetics.com

Dominari Securities Receives Approval as a Limited Underwriting Member of the New York Stock Exchange

Thu, 09 Oct 2025 12:17:38 GMT

Enables direct participation in underwriting activities conducted through NYSE and NYSE American platforms

NEW YORK , Oct. 9, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) ("Dominari" or the "Company") today announced that its wholly owned subsidiary, Dominari Securities LLC, has been approved as a Limited Underwriting member of the New York Stock Exchange and NYSE American Equities (the "Exchanges") effective October 8, 2025 .

This approval marks an important regulatory milestone for Dominari Securities as it continues to expand its capabilities within U.S. capital markets. This membership enables Dominari Securities to act as lead underwriter for initial public offerings and to participate directly in other underwriting activities conducted through the Exchanges' platforms, thereby broadening the firm's ability to support issuers and investors.

"We are honored to join the New York Stock Exchange as a Limited Underwriting Member," said Kyle Wool , President of Dominari Holdings and CEO of Dominari Securities. "This membership broadens our ability to deliver high-quality underwriting and capital markets services while deepening our engagement with issuers and investors across one of the largest and most active securities exchanges in the world."

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

About Dominari Holdings Inc.

Dominari Securities LLC's Mission Statement :

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, 2023 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.

Investor Relations

Hayden IR

Brett Maas , Managing Partner

Phone: (646) 536-7331

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/dominari-securities-receives-approval-as-a-limited-underwriting-member-of-the-new-york-stock-exchange-302579186.html

SOURCE Dominari Holdings Inc.

JFB Construction Holdings Announces Approximately $44

Fri, 26 Sep 2025 15:30:38 GMT

JFB Construction Holdings Announces Approximately $44 Million Private Placement Priced At The Market Under Nasdaq Rules

Lantana, Fla., Sept. 26, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) (the “Company”), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it has entered into a securities purchase agreement with American Ventures LLC, Series XIV JFB as the sole investor for a private investment in public equity (“PIPE”) financing that is expected to result in gross proceeds to the Company of approximately $ 43,895,000 , before deducting placement agent fees and offering expenses.

The Company intends to use $12 million of the net proceeds from the offering to retire the Company’s Class B Common Stock, par value $0.0001, owned by Joseph F. Basile III, the Company’s Chief Executive Officer, pursuant to a Share Redemption Agreement, and the remainder of the proceeds shall be used for general corporate operating expenses.

Pursuant to the terms of the securities purchase agreement, the Company is selling an aggregate of 4,389,500 shares of its Series C Convertible Preferred Stock, par value $0.0001 per share, stated value $10 per share (the “Series C Convertible Preferred Stock”), convertible into 8,068,933 shares of common stock par value $0.0001 (the “Common Stock”), at a conversion price $5.44 per share of Series C Convertible Preferred Stock, (collectively for all purchasers, the “Shares”), (ii) 8,068,933 warrants (the “Common Warrants A”) exercisable for 8,068,933 shares of the Company’s Common Stock, and (iii) 8,068,933 warrants (the “Common Warrants B” and, together with the Common Warrants A, the “Warrants”) exercisable for 8,068,933 shares of Common Stock. The purchase price for one unit consisting of the Series C Convertible Preferred Stock, Common Warrants A and Common Warrants B is $5.44 per share.

The Common Warrants A issued in the offering are exercisable immediately at an exercise price of $5.75 per share and will expire three years from the date of issuance. The Common Warrants B issued in the offering are exercisable immediately at an exercise price of $6.25 per share and will expire three years from the date of issuance.

Dominari Securities LLC acted as the exclusive placement agent for the PIPE financing.

The securities being offered and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the "SEC") or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. The Company has agreed to file one or more registration statements with the SEC covering the resale of the unregistered shares issuable upon the conversion of the Series C Convertible Preferred Stock and the shares issuable upon exercise of the unregistered warrants.

About JFB Construction Holdings

JFB Construction Holdings (“JFB”) offers generations of combined experience in residential and commercial construction and development. Having the experience of building Multifamily communities, Shopping Centers, National Franchises, exclusive estate & equestrian homes, and over 2 million square feet of commercial and retail. JFB provides hands-on, professional expertise, which has led to the quality and production we are known for.

JFB’s reputation has been built on its clients' trust and the value it brings to each project.

JFB is proud that most of its projects are obtained through 100% referrals and repeat customers, and that to-date it has provided general contracting and construction management services in 36 U.S. states.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

JFB Construction Holdings Contact

Joseph F. Basile, III

561-582-9840.

joe@jfbconstruction.net

Investor Relations Contact:

CORE IR

Mike Mason

516 222 2560

Dominari Securities Appoints Communications and Growth Strategist Brian Parsley to Board

Wed, 10 Sep 2025 12:21:25 GMT

Accomplished entrepreneur and global speaker to strengthen firm's marketing, investor engagement and strategic communications to help drive growth

NEW YORK , Sept. 10, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH), today announced the appointment of Brian Parsley to its Board of Directors. Parsley, an accomplished entrepreneur, behavioral analyst and internationally recognized speaker, will support the firm's growth by enhancing its marketing, investor outreach and overall communications strategy.

Mr. Parsley has more than 30 years of experience in entrepreneurship, sales and leadership development. He has founded and successfully exited multiple companies, including USAhire.com and WeSkill, which were both acquired. Parsley is a co-founder of The Constance Group, where he partners with organizations to transform sales and leadership cultures through behavioral science and human connection.

"We are thrilled to welcome Brian to the Dominari Board," said Anthony Hayes , Chief Executive Officer of Dominari Holdings. "Brian has a proven ability to transform sales and leadership cultures, with a focus on linking human behavior to measurable business outcomes. His expertise in human connection, communication and business growth will be invaluable as we execute our growth strategy. His appointment underscores our commitment to building a dynamic leadership team capable of navigating today's evolving financial services landscape while fostering meaningful connections with clients and stakeholders."

At the core of Parsley's philosophy is The Human Factor ™ , a proprietary framework he developed to help leaders and organizations leverage authentic human connection as a driver of performance and trust in the digital age. Through this approach, he advises executives and teams on strategies to enhance performance, strengthen communication and drive measurable business outcomes. His work has helped companies across industries create more engaged workforces, build stronger client relationships and achieve sustainable growth in highly competitive markets.

"I am honored to join the board of Dominari," said Brian Parsley . "What excites me most about this opportunity is the firm's vision for growth and its dedication to building lasting relationships with clients and investors. In today's market, success depends not only on financial performance but also on how well a company communicates its story and its long-term vision. My focus will be on helping Dominari strengthen its voice in the marketplace, deepen engagement with investors and foster authentic connections that drive both trust and growth. I look forward to working alongside the board and leadership team to help bring this vision to life."

Widely respected for his expertise, Mr. Parsley has consulted with Fortune 500 companies, been recognized as a Top 40 Executive Under 40 by the Business Journal and is a frequent contributor to leading business publications and industry conferences.

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

Dominari Securities LLC's Mission Statement :

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, 2023 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.

Investor Relations

Hayden IR

Brett Maas , Managing Partner

Phone: (646) 536-7331

ir@eliteexpressholding.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/dominari-securities-appoints-communications-and-growth-strategist-brian-parsley-to-board-302550633.html

SOURCE Dominari Holdings Inc.

Trump hosts tech CEOs as Amazon stocks fly high, Trump's American Bitcoin makes NASDAQ debut

Fri, 05 Sep 2025 14:11:35 GMT

Dominari Securities CEO Kyle Wool joins 'Mornings with Maria' to discuss Trump's meeting with tech CEOs, anticipation for the August jobs report, and American Bitcoin's debut on the NASDAQ.

This is how American companies benefit from President Trump's promotion

Wed, 27 Aug 2025 14:29:05 GMT

Dominari Securities CEO Kyle Wool discusses President Donald Trump's efforts to promote American companies and the deal with Intel on 'Mornings with Maria.'

Skyline Builders Group Holding Ltd. Announces $17.775 Million Private Placement

Wed, 27 Aug 2025 14:23:09 GMT

Skyline Builders Group Raises $17.78M in Strategic Private Placement

Hong Kong, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQ: SKBL) (the “Company”), a civil engineering services provider in Hong Kong, today announced that it has entered into a definitive securities purchase agreement dated August 27, 2025 with accredited investors for the issuance and sale (the “Offering”) of up to 24,349,315 Class A Ordinary Shares, par value $0.00001 per share (each, a “Class A Ordinary Share”) and/or prefunded warrants to purchase Class A Ordinary Shares (the “Prefunded Warrants”) in lieu of Class A Ordinary Shares, at a price of $0.73 per share, together with the Company’s Class A Ordinary Share Purchase Warrant As to purchase up to 24,349,315 Class A Ordinary Shares (the “A Warrants”) and the Company’s Class A Ordinary Share Purchase Warrant Bs to purchase up to 24,349,315 Class A Ordinary Shares (the “B Warrants”) in a brokered private placement on a best-efforts basis, for a combined aggregate gross proceeds of approximately $17,775,000, before deducting fees and offering expenses.

Each Pre-funded Warrant will entitle the holder to acquire one Ordinary Share at an exercise price of $0.0001 per share; each A Warrant will be immediately exercisable and entitle the holder to acquire one Class A Ordinary Share at an exercise price of $0.60 per share, for a period of five years following the closing of the Offering; and each B Warrant will be immediately exercisable and entitle the holder to acquire one Class A Ordinary Share at an exercise price of $0.65 per share, for a period of five years following the closing of the Offering. The private placement is expected to close on August 27, 2025, subject to customary closing conditions.

The Company shall use the net proceeds from the sale of the securities hereunder as follows: (a) the Company shall use approximately $7,000,000 from the proceeds to retire the 18,500,000 Class A Ordinary Shares of the Company owned by Supreme Development (BVI) Holdings Limited, a company which is beneficially owned by Ngo Chiu Lam, the Company’s Chief Executive Officer; and (b) the Company shall use the remaining proceeds for general working capital and other general corporate purposes. The Company intends to use the proceeds from the offering for working capital and general corporate purposes.

Dominari Securities LLC, Revere Securities LLC and Pacific Century Securities are acting as co- placement agents for the Offering.

The securities offered and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the “SEC”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the Class A Ordinary Shares, and the shares underlying the Pre-funded Warrants, the A Warrants and the B Warrants to be issued in the private placement. Any resale of the Company’s shares under such resale registration statement will be made only by means of a prospectus.

About Skyline Builders Group Holding Limited

Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. These forward-looking statements include statements regarding the proposed Share Consolidation, the Company’s ability to grow its business, and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Skyline Builders Group Holding Limited

Investor Relations Department

Email: ir@skylinebuilders.cc

Curanex Pharmaceuticals Inc. Announces Closing of its Initial Public Offering

Wed, 27 Aug 2025 14:20:25 GMT

Curanex Pharmaceuticals Closes $15M Initial Public Offering and Begins Trading on Nasdaq

Jericho, New York, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Curanex Pharmaceuticals Inc. (Nasdaq: CURX) ("Curanex" or the "Company"), a developmental stage pharmaceutical company focused on discovering and developing botanical drugs for inflammatory diseases, today announced the closing of its initial public offering (the “Offering”) of 3,750,000 shares of common stock at a public offering price of $4.00 per share, for gross proceeds of $15 million, before deducting underwriting discounts and offering expenses. The Offering was conducted on a firm commitment basis. The Company’s shares of common stock began trading on the Nasdaq Capital Market on August 26, 2025 under the ticker symbol "CURX."

The Company has granted the underwriters an option, exercisable within 45 days from the close of the Offering, to purchase up to 562,500 additional shares of common stock at the public offering price, less underwriting discounts and expenses.

Dominari Securities LLC acted as the lead underwriter for the Offering, with Pacific Century Securities LLC and Revere Securities LLC acting as co-underwriters. The Crone Law Group, P.C. served as counsel to the Company. Sichenzia Ross Ference Carmel LLP served as lead counsel to the underwriters with respect to the Offering.

A registration statement on Form S-1, as amended (File No. 333-282686) relating to the Offering was previously filed with the Securities and Exchange Commission (the “SEC”) and subsequently declared effective by the SEC on August 12, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement. A final prospectus relating to the Offering was filed with the SEC and is available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus related to the Offering may be obtained, when available, from Dominari Securities LLC, 725 5th Avenue, 23rd Floor, New York, NY 10022, or by telephone at (212) 393-4500.

Before you invest in the Company, you should read the final prospectus and other documents the Company has filed with the SEC for more complete information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Curanex Pharmaceuticals Inc

Curanex Pharmaceuticals Inc is a developmental stage pharmaceutical company headquartered in Jericho, New York, dedicated to discovering and developing botanical drugs for inflammatory diseases. Its lead candidate, Phyto-N, is a botanical extract from a single plant with proven anti-inflammatory properties that acts via multiple targets and mechanisms. Phyto-N has a long history of human use, having treated thousands of patients with inflammatory diseases over 30 years in China, demonstrating favorable tolerability.

The Company has validated Phyto-N's effects in animal models of six inflammatory diseases: ulcerative colitis, atopic dermatitis, COVID-19, diabetes, nonalcoholic fatty liver disease, and gout. The primary indication is moderate to severe ulcerative colitis. The Company will advance its lead botanical drug candidate, Phyto-N, through FDA-required studies, IND submission, and into Phase I clinical trials.

For more information, visit the Company’s website at www.curanexpharma.com .

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Curanex Pharmaceuticals Inc

Attn: Liqin Xie, Chief Operating Officer

info@curanexpharma.com

Elite Express Holding Inc. Announces Closing of $15.2 Million Initial Public Offering

Fri, 22 Aug 2025 14:35:42 GMT

Elite Express Raises $15.2M in IPO, Begins Nasdaq Trading

LAGUNA HILLS, Calif., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Elite Express Holding Inc. (ETS), a California-based provider of last-mile delivery services, today announced the closing of its previously announced initial public offering of 3,800,000 shares of Class A common stock. Each share of Class A common stock was sold at an offering price of $4.00 for gross proceeds of approximately $15.2 million, before deducting underwriting discounts and offering expenses. In addition, ETS has granted the underwriters a 45-day option to purchase up to an additional 570,000 shares of Class A common stock at the initial public offering price.

The shares of Class A common stock began trading on The Nasdaq Capital Market on August 21, 2025 under the ticker symbol “ETS.”

Dominari Securities LLC is acting as the representative of the underwriters for the offering, with Revere Securities acting as co-underwriter for the offering. Pacific Century Securities, LLC is acting as the advisor to ETS.

A registration statement on Form S-1, as amended (File No. 333-286965) was filed with the U.S. Securities and Exchange Commission (the “SEC”), which became effective on August 20, 2025. The offering is being made only by means of a prospectus forming part of the effective registration statement. A final prospectus relating to the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this offering may be obtained from Dominari Securities LLC at 725 Fifth Avenue, 23rd Floor, New York, NY 10022, by calling (212) 393-4500 or (800) 299-7618, or by emailing info@dominarisecurities.com.

About Elite Express Holding Inc.

ETS is a Delaware holding company that conducts its operations through its wholly owned subsidiary, JAR Transportation Inc., based in California. ETS provides last-mile delivery services, primarily focused on transporting packages from distribution centers to end customers within defined service areas. Leveraging logistics software to support route planning, driver oversight, and regulatory compliance, ETS is committed to enhancing operational efficiency and service reliability through the use of technology-driven solutions.

Forward-Looking Statements

This press release contains forward-looking statements, including but not limited to statements about the anticipated timing of the offering. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ are detailed in ETS’ filings with the SEC, including the registration statement on Form S-1 under the section “Risk Factors.” ETS undertakes no obligation to update forward-looking statements except as required by law.

For more information, please contact:

Elite Express Holding Inc.

Investor Relations

(949) 758-0650

Thumzup to Acquire Dogehash Technologies, Inc., a Leader in DOGE Digital Asset Mining

Tue, 19 Aug 2025 14:50:19 GMT

Dogehash to become a publicly traded crypto mining company dedicated to utility-scale Dogecoin mining and digital assets treasury strategy

Recent $50 million all common stock offering to provide capital for mining and related infrastructure expansion, digital asset accumulation, and digital asset treasury strategy

LOS ANGELES, Aug. 19, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP ) and Dogehash Technologies, Inc. ("DogeHash") today jointly announced the entry into a series of agreements under which Thumzup will acquire Dogehash in an all-stock transaction. Dogehash is an industrial‑scale blockchain infrastructure company focused exclusively on mining Scrypt‑algorithm assets such as Dogecoin and Litecoin. The combined company aims to become the world's leading Dogecoin mining platform and will leverage Dogecoin Layer-2 infrastructure via staking in DeFi products within the DogeOS ecosystem to enhance miner economics and amplify yield beyond base block rewards.

DogeHash currently has an operating fleet of approximately 2,500 Scrypt ASIC miners in North America and has additional units expected to be placed in service later this year with the goal of materially increasing its production by year end and throughout 2026. The existing fleet of mining rigs includes units with best-in-class hash rate density and energy efficiency in the Scrypt mining industry.

Dogehash's mining operations are concentrated at a renewable-energy data center in North America, with secondary satellite sites now onboarding. The combined fleet is expected to deliver significant Dogecoin and Litecoin block rewards with a low-cost, high-uptime footprint. Detailed KPIs (performance metrics) will be reported periodically after the closing.

Dogecoin is among the most widely used cryptocurrencies thanks to fast block times, ultra-low transaction fees, and an inflationary but predictable issuance that resembles global fiat currency supply dynamics. It ranks among the largest cryptocurrencies by market capitalization and consistently records billions of dollars in daily trading volume. Built on a robust Layer-1, Dogecoin delivers fast, low-fee settlement for high-throughput transactions, a steady, non-halving issuance that supports stable miner economics, and Scrypt-based mining that typically delivers stronger power-to-revenue efficiency than Bitcoin mining alternatives.

Under the terms of the agreement, Dogehash shareholders will exchange 100% of their holdings for 30.7 million shares of Thumzup stock and the company will be renamed "Dogehash Technologies Holdings, Inc." and trade on the Nasdaq Stock Market under the new symbol "XDOG." Closing of the transaction is subject to various customary terms and conditions, including shareholder approval, expected in the fourth quarter of 2025. In July 2025, Thumzup completed a $50 million offering to expand its crypto strategies, a portion of which would be deployed to buy mining rigs and accumulate digital assets.

"This accelerates our evolution from a digital‑marketing platform into a diversified digital‑asset infrastructure and treasury company," said Robert Steele, Chief Executive Officer of Thumzup. "Dogehash brings world‑class mining expertise, low‑cost renewable power and access to cutting‑edge Scrypt miners. Our vision is not only to mine Dogecoin and Litecoin efficiently but also to explore utility‑driven use cases that leverage Dogecoin's fast settlement and low fees for everyday payments and rewards."

Parker Scott, Chief Executive Officer of Dogehash, added, "As mainstream interest in Dogecoin and decentralized technologies continues to expand, we believe we are ahead of the curve, having already built a platform and utility-scale Dogecoin mining operation. Unlike many companies that simply used their cash to buy cryptocurrency, we have invested in mining infrastructure. By owning and operating our own fleet of ASICs, we generate revenue directly from production, creating an ongoing, sustainable source of Dogecoin that fuels organic accumulation for years to come."

About Thumzup®

Thumzup Media Corporation is pioneering a new era of digital marketing and financial innovation. In parallel with the growth of its AdTech platform, Thumzup's Board of Directors has authorized the company to strategically expand its treasury strategy beyond Bitcoin to include leading cryptocurrencies, such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reinforcing the Company's commitment to financial agility and innovation.

Legal Disclaimer

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its potential growth, impacts on the advertising industry, plans for potential uplisting, and planned expansion. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Investors and security holders are urged to read these documents free of charge on the SEC's website at: http://www.sec.gov . Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

SOURCE Thumzup Media Corporation

How an Obscure Firm Bet on the Trumps and Became Their Go-To Dealmaker

Mon, 18 Aug 2025 14:58:30 GMT

Dominari was new to the finance game when it took office space in Trump Tower; now it’s a key adviser on the first family’s ventures, from crypto to manufacturing

BUUU Group Limited Announces Closing of $6 million Initial Public Offering

Fri, 15 Aug 2025 15:14:31 GMT

BUUU Group Raises $6M in IPO, Begins Nasdaq Trading

Hong Kong, Aug. 15, 2025 (GLOBE NEWSWIRE) -- BUUU Group Limited (Nasdaq: BUUU) (the “Company”), an established meetings, incentives, conferences and exhibitions (“MICE”) solutions provider based in Hong Kong , today announced the closing of its initial public offering (the “Offering”) of 1,500,000 Class A ordinary shares (the “Class A Ordinary Shares”), at a price of $4.00 per Class A Ordinary Share (the “Offering Price”).

The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on August 14, 2025, under the symbol “BUUU.”

The Company received aggregate gross proceeds of US$6 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 225,000 Class A Ordinary Shares of the Company, at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering (the “Over-allotment Option”). If the Over-allotment Option is exercised in full, the gross proceeds will amount to $6.90 million, before deducting underwriting discounts and commissions and estimated offering expenses.

The Company intends to use the net proceeds for enhancing its brand recognition, strengthening its marketing initiatives, expanding service offerings, integrating advanced technologies to its operations, expansion into the U.S. and Southeast Asia markets, and general corporate purposes.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acts as the representative of the underwriters, with Revere Securities LLC and Pacific Century Securities LLC acting as the co-underwriters (collectively, the “Underwriters”) for the Offering. Ortoli Rosenstadt LLP, Ogier, David Fong & Co. acts as United States, British Virgin Islands, and Hong Kong legal counsels to the Company, respectively. Onestop Assurance PAC acts as the reporting accountants of the Company. Sichenzia Ross Ference Carmel LLP acts as legal counsel to the Underwriters for the Offering.

The Offering was conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333-286203) previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on August 13, 2025. A final prospectus describing the terms of the Offering was filed with the SEC on August 14, 2025, and is available on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus relating to the Offering may be obtained, when available, 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, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350; or from Pacific Century Securities LLC by email at project@pcsecurities.us , by standard mail to Pacific Century Securities, LLC, 60-20 Woodside Avenue Ste 211 Queens, NY 11377, or by telephone at 212-970-8868.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About BUUU Group Limited

Headquartered in Hong Kong, we have grown into a premier MICE solutions provider. Our comprehensive MICE solutions portfolio is designed to meet the diverse needs of our clients, spanning across two core areas – event management and stage production. Our diverse clientele includes public institutions, marketing and public relations firms, real estate corporations, and various established brands. We are committed to craft innovative and high-quality experiences that meet our clients’ unique specifications and drive their success.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company’s statements regarding its intended use of proceeds from the sale of Company’s Class A Ordinary Shares in the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Contacts

BUUU Group Limited

Investor Relations

Email: ir@buuugroup.com

Dominari Holdings Inc. Rings the Opening Bell

Thu, 14 Aug 2025 15:16:03 GMT

Dominari Holdings Inc., (Nasdaq: DOMH), visits the Nasdaq MarketSite in Times Square. In honor of the occasion, Kyle Wool, President rings the Opening Bell.

Dominari Marks Inflection Point with Second Quarter 2025 Financial Results

Tue, 12 Aug 2025 15:33:42 GMT

Revenue of $34.1 Million, up 520%

Closed 46 Transactions in Q2 with Total Raise Amount of More Than $288.9 Million between both our Private & Public Transactions

NEW YORK, Aug. 12, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH ), today announced financial results for the quarter that ended June 30, 2025. The results underscore a significant inflection point for the Company, which delivered breakout performance during the quarter.

"This quarter marks a turning point for Dominari," said Anthony Hayes, Chief Executive Officer of Dominari Holdings. "Revenue reached $34.1 million, up 520% year-over-year, driven by strong execution and the closing of several impactful transactions. We also delivered positive operating income and are generating positive cash from operations, key milestones that validate our strategy and reflect the strength of our platform and growing demand for our advisory and brokerage services. With a strong foundation, a healthy pipeline and disciplined execution, we are delivering financial results that we believe are sustainable and will continue to strengthen over time."

Second Quarter 2025 Highlights for Dominari

Revenue of $34.1 million, up 520% year-over-year.
Income from operations of $3.4 million compared to a loss from operations of ($826,000) in the year ago quarter.
Raised a Total of $288.9 Million between both our Public & Private Transactions

Select Transaction Highlights

June 16, 2025 – Dominari Securities served as sole placement agent for SRM Entertainment's rebrand to Tron Inc., closing a $100 million equity investment with potential to reach $210 million upon full warrant exercise. The transaction positions Tron Inc. as the largest publicly traded corporate holder of TRX tokens, with plans for a staking program and shareholder dividends, underscoring Dominari's ability to execute high-profile, strategic financings in the digital asset sector.

June 24, 2025 – Played a pivotal role in American Bitcoin' $225 million capital raise, contributing $92.5 million to the total raise. As a result of the transaction, American Bitcoin had a post money valuation of approximately $1.25 Billion dollars and Dominari owns in excess of 3% of American Bitcoin. This transaction demonstrates significant value creation for Dominari shareholders and underscores Dominari's commitment to advancing American Bitcoin's growth and its upcoming listing currently scheduled for September 3rd.

Mr. Hayes stated, "In 2024, for the entire year, we achieved top line revenue of $18 million. That achievement was a notable improvement over 2023. But by contrast, just for the month of June 2025, we generated $20 million in top line revenue. Further, we generated $34 million for the quarter and became cash flow positive as a Company. I could not be prouder of our entire Company and especially the President of Dominari Holdings and CEO of Dominari Securities, Mr. Kyle Wool. Under Mr. Wool's leadership, our investment bank has become the go to location for crypto and traditional companies a like. Mr. Wool's creative financial structuring brings accretive value to the companies we serve and their shareholders. And for our shareholders, a 520% year over year grow for the quarter is a significant achievement. At Dominari, we are grateful to all of our shareholders and hope that this type of growth affirms the faith they have shown in us. Thank you for being a Dominari shareholder. We are working hard every day to deliver value to you and build a brand that we can all be proud of."

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

About Dominari Holdings Inc.

Dominari Securities LLC's Mission Statement :

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, 2023 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.

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

kevin@newamericaacquisition.com

SOURCE Dominari Holdings Inc.

Thumzup Media Corporation Announces Pricing of $50 Million Confidentially Marketed Public Offering at $10 per Share

Mon, 11 Aug 2025 15:47:20 GMT

Thumzup Media Corporation announced the pricing of its $50 million confidentially marketed public offering at $10 per share, with proceeds intended for cryptocurrency acquisitions, mining equipment, and general corporate purposes.

LOS ANGELES, Aug. 11, 2025 /PRNewswire/ -- Thumzup Media Corporation (Nasdaq: TZUP ) ("Thumzup" or the "Company"), a digital asset accumulator and advertising industry disruptor, today announced the pricing of its confidentially marketed public offering of common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock, at a public offering price of $10 per share (the "Offering").

The Company expects to receive aggregate gross proceeds of $46.5 million from the Offering, before deducting placement agent fees and other related expenses. The Offering is expected to close on or about August 12, 2025, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds from the Offering to explore the accumulation of cryptocurrencies and mining equipment, working capital and general corporate purposes.

Dominari Securities LLC is acting as the exclusive placement agent for the Offering.

This Offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-286951), including a base prospectus, initially filed with the U.S. Securities and Exchange Commission (the "SEC") on May 2, 2025, and declared effective by SEC on May 30, 2025.

A preliminary prospectus supplement and accompanying shelf prospectus relating to the Offering and describing the terms of thereof has been filed with the SEC on August 11, 2025 and forms a part of the effective registration statement, and is available on the SEC's website located at http://www.sec.gov . Electronic copies of the preliminary prospectus supplement and the accompanying base prospectus may be obtained, by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave., 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com , or by telephone at (212) 393-4500. The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC, which will be available for free on the SEC's website at www.sec.gov .

About Thumzup®

Thumzup Media Corporation is pioneering a new era of digital marketing and financial innovation. The Company operates a proprietary platform that empowers users to earn cash for sharing branded content on social media, seamlessly managed through a programmatic advertiser dashboard. Payments are made via PayPal and other leading digital channels.

In parallel with the growth of its AdTech platform, Thumzup has strategically expanded its treasury strategy beyond Bitcoin to include leading cryptocurrencies, such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reinforcing the Company's commitment to financial agility and innovation.

Thumzup is also developing its patent-pending Lifestyle AI Agent Marketplace, which aims to enhance lifestyle planning by offering curated, AI-powered experiences.

The Thumzup app is available for download on the App Store and Google Play . The Company has been featured on CBS Los Angeles and KTLA .

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to the Offering including, but not limited to, the satisfaction of customary closing conditions related to the Offering, the intended use of proceeds from the Offering including to acquire digital assets and a change of circumstances and adverse changes in the crypto market including federal legislation and adverse regulations, market and other conditions. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements. Other risks are contained in the Company's filings with the SEC, including in the Company's Annual Report on Form 10-K. Investors and security holders are urged to read these documents free of charge on the SEC's website at: http://www.sec.gov . Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

SOURCE Thumzup Media Corporation

New America Acquisition I Corp. Files Registration Statement for a $300 Million Proposed Initial Public Offering

Mon, 04 Aug 2025 16:00:42 GMT

New America Acquisition I Corp. has filed a registration statement with the SEC for a proposed $300 million IPO, offering 30 million units at $10 each as it positions itself as a SPAC targeting U.S. businesses in manufacturing, innovation, and critical supply chains.

PALM BEACH, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) -- New America Acquisition I Corp. ("NAA" or the "SPAC"), a blank check company targeting businesses with a focus on American values and priorities, announced today that it has filed a registration statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC") in connection with a proposed initial public offering of its units. The Florida-based company plans to raise $300 million by offering 30 million units at $10 per unit. Each unit consists of one share of Class A common stock and one-half of a warrant, with each whole warrant exercisable for one share of Class A common stock at $11.50 per share.

New America Acquisition I Corp. is led by Chairman, Chief Executive Officer and Chief Financial Officer Kevin McGurn. The SPAC is further supported by a distinguished advisory board that shares NAA’s mission, including Donald J. Trump Jr., Executive Vice President of The Trump Organization, Eric Trump, Executive Vice President of The Trump Organization and Kyle Wool, President of Dominari Holdings Inc. and chief executive officer of Dominari Securities. Together, these advisors bring decades of leadership, business expertise, and a shared commitment to advancing American strength, security, and prosperity across critical industries.

The SPAC plans to target businesses that are not only well-positioned for long-term, sustainable growth, but also deeply aligned with the advancement of U.S. industrial capacity, technological leadership and innovation, and economic resilience. The core focus will be on companies headquartered or primarily operating in the United States that play a meaningful role in revitalizing domestic manufacturing, expanding innovation ecosystems, and strengthening critical supply chains. Through this strategy, the SPAC aims to generate long-term value while reinforcing America’s economic foundation and global competitiveness.

New America Acquisition I Corp. intends to apply to have the units listed on the New York Stock Exchange.

Dominari Securities and D. Boral Capital are acting as co-book-running managers and the representatives of the underwriters of this offering.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained free of charge by visiting EDGAR on the SEC’s website at www.sec.gov, or 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 D. Boral Capital LLC, Attention: 590 Madison Avenue 39th Floor, New York, NY 10022, or by email at dbccapitalmarkets@dboralcapital.com, or by telephone at +1 (212) 970-5150.

There can be no assurance the public filing of a registration statement on Form S-1 will result in any transaction or other action by NAA. NAA does not intend to comment on or provide updates regarding these matters unless and until it determines that further disclosure is appropriate or required based on the then-current facts and circumstances.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security, nor shall there be any sales of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction.

Cautionary Statement Concerning Forward-Looking Statements

This press release includes forward-looking statements, including statements relating to the proposed initial public offering of NAA, including the terms thereof. There can be no assurance that the proposed offering will be completed as anticipated or at all, and there are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein, including risks relating to unanticipated developments that prevent, delay or negatively impact the proposed offering and other risks and uncertainties disclosed by NAA from time to time in its filings with the SEC. The forward-looking statements contained in this press release reflect management's estimates and beliefs as of the date of this press release. NAA expressly disclaims any obligation to update these forward-looking statements except as may be required by law.

Contact:

Kevin McGurn

Eric and Donald Trump Jr. to Own Millions of Shares in New U.S. Manufacturing SPAC

Mon, 04 Aug 2025 15:53:17 GMT

Trump brothers are backing the New America SPAC, which aims to merge with companies ‘revitalizing domestic manufacturing’

Justin Sun-backed Tron Inc. TRX treasury company files for $1 billion shelf statement with SEC

Mon, 28 Jul 2025 16:05:41 GMT

Tron Inc., the newly formed firm meant to act as a Nasdaq-listed TRON treasury play, has filed a shelf statement to issue up to $1 billion in mixed securities with the SEC.

The firm rebranded as Tron Inc. and adopted the Nasdaq ticker TRON on July 17, with Justin Sun ringing the Nasdaq’s morning bell last Thursday.

Tron (TRX -2.36% Inc.), the newly formed firm meant to act as a Nasdaq-listed TRON treasury play, has filed a shelf statement to issue up to $1 billion in mixed securities with the U.S. Securities and Exchange Commission.

The firm is joining a tidal wave of so-called crypto treasury firms investing in various tokens using capital raised through equity and debt sales. Michael Saylor’s Strategy pioneered the trend through its Bitcoin investment play, though it has since spread to most of the other large-cap crypto assets like Ethereum and Solana.

According to Monday’s filing, it is "the public company with the largest TRON (TRX) token holdings" with over 365 million TRX on its balance sheet. TRX is trading at $0.32, up about 2% on the day, according to The Block’s price data.

Tron Inc. was formed through a reverse merger between SRM Entertainment approximately two weeks ago. The deal involved a $100 million equity investment from a private investor in the form of TRX tokens.

The firm rebranded as Tron Inc. and adopted the Nasdaq ticker TRON on July 17, with Tron founder Justin Sun ringing the Nasdaq’s morning bell last Thursday. Tron Inc. maintains a subsidiary that continues SRM’s original business of manufacturing merchandise for theme parks.

With the shelf statement, a regulatory filing with the SEC that allows a company to register securities in advance, the firm can now sell up to $1 billion in mixed securities, including common stock, preferred stock, debt instruments, and warrants.

"Our TRX token strategy generally involves from time to time, subject to market conditions, (i) issuing debt or equity securities or engaging in other capital raising transactions with the objective of using the proceeds to purchase TRX tokens, and (ii) acquiring TRX tokens with our liquid assets that exceed working capital requirements," the company wrote.

Tron, a high-throughput Layer 1 blockchain launched in 2017, is one of the most used networks for USDT transfers.

Safety Shot prices 22.99M shares at 46.1c in registered direct offering

Wed, 23 Jul 2025 16:17:42 GMT

Safety Shot, Inc. has successfully priced a $22.99 million registered direct offering, issuing shares at $0.461 per share to bolster its capital base and support ongoing corporate initiatives.

Safety Shot ( SHOT ) announced the pricing of a registered direct offering with an institutional investor for the purchase and sale of 22,993,492 shares of its common stock at a purchase price of $0.461 per share. In a concurrent private placement, the Company also issued warrants to purchase up to 45,986,984 shares of common stock. The warrants have a purchase price of $0.125 per warrant and an exercise price of $0.461 per share, are exercisable immediately, and will expire five years from the date of issuance. The gross proceeds to the Company from the registered direct and concurrent private placement are expected to be approximately $16.3 million, before deducting the placement agent’s fees and other offering expenses. The closing of the registered direct offering and concurrent private placement is expected to occur on or about July 23, 2025. Dominari Securities acted as the exclusive placement agent for the offering.

UPDATED - Aureus Greenway Holdings , Inc. Announces Twenty Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules

Wed, 23 Jul 2025 16:13:22 GMT

Aureus Greenway Holdings has closed a $26 million at-the-market private placement, issuing units comprised of common stock and A/B warrants at $0.87 per unit, to support working capital and general corporate purposes.

Kissimmee, FL, July 23, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”, “Aureus Greenway”, “we”, “us”, “our”) (Nasdaq: AGH), an owner and operator of daily fee golf country clubs in the state of Florida, today announced that it has entered into definitive securities purchase agreements dated July 23, 2025 with accredited and institutional investors for the issuance and sale of units consisting of common stock (each a share of “Common Stock”) (or pre-funded warrants (“Pre-funded Warrants”) to purchase in lieu thereof) together with common A warrants and common B warrants (each of the common A and common B warrants a "Common Warrant") to purchase the same number of shares of common stock (or Pre-funded Warrants) of the Company at a price of 0.87 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately $26 million, before deducting fees and offering expenses.

The Company will be issuing a combination of 29,885,057, shares of common stock (or Pre-funded Warrants in lieu thereof), common warrants A to purchase 29,885,057 shares of common stock, and common warrants B to purchase 29,885,057 shares of common stock. Each Pre-funded Warrant will entitle the holder to acquire one share of common stock at an exercise price of $0.0001 per share, each common warrant A will be immediately exercisable and entitle the holder to acquire one share of common stock at an exercise price of $1.00 per share, for a period of five years following the closing of the Offering and each common warrant B will be immediately exercisable and entitle the holder to acquire one share of common stock at an exercise price of $1.25 per share, for a period of five years following the closing of the Offering. The private placement is expected to close on July 25, 2025, subject to customary closing conditions.

The Company intends to use the proceeds from the offering for working capital and general corporate purposes.

Revere Securities LLC and Dominari Securities LLC are acting as co- placement agents for the Offering.

The securities offered and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the "SEC") or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock and shares underlying the Pre-funded Warrants and Common Warrants to be issued in the private placement. Any resale of the Company’s shares under such resale registration statement will be made only by means of a prospectus.

About Aureus Greenway Holdings Inc.

Aureus Greenway Holdings Inc. (Nasdaq: AGH), owns and operates daily fee golf country clubs in the state of Florida that are designed to appeal to a wide-ranging population. The combination of our strategic locations and approachable golf-courses attracts both local and tourist demographics, allowing us to offer a variety of golf experiences while capturing a broad share of discretionary leisure spending. For more information, please visit our website at www.aureusgreenway.com .

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Aureus Greenway’s Annual Report on Form 10-K for the year ended December 31, 2024, and its periodic filings with the SEC provide a detailed discussion of these risks and uncertainties.. Aureus Greenway does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, as required by law.

Contact:

Aureus Greenway Holdings Inc.

aureus@golfkissimmeebay.com

Aureus Greenway Holdings , Inc. Announces Closing of Twenty-Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules

Wed, 23 Jul 2025 12:11:49 GMT

Kissimmee, FL, July 25, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”, “Aureus Greenway”, “we”, “us”, “our”) (Nasdaq: AGH), an owner and operator of daily fee golf country clubs in the state of Florida, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common stock (each a share of “Common Stock”) (or pre-funded warrants (“Pre-funded Warrants”) to purchase in lieu thereof) together with common A warrants and common B warrants (each of the common A and common B warrants a "Common Warrant") to purchase the same number of shares of common stock (or Pre-funded Warrants) of the Company at a price of $0.87 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately $26 million, before deducting fees and offering expenses.

As part of the offering, the Company issued a combination of 29,885,057, shares of common stock (or Pre-funded Warrants in lieu thereof), common warrants A to purchase 29,885,057 shares of common stock, and common warrants B to purchase 29,885,057 shares of common stock. Each Pre-funded Warrant entitles the holder to acquire one share of common stock at an exercise price of $0.0001 per share, each common warrant A is immediately exercisable and entitles the holder to acquire one share of common stock at an exercise price of $1.00 per share, for a period of five years following the closing of the Offering and each common warrant B is immediately exercisable and entitles the holder to acquire one share of common stock at an exercise price of $1.25 per share, for a period of five years following the closing of the Offering.

The Company intends to use the proceeds from the offering for working capital and general corporate purposes.

Revere Securities LLC and Dominari Securities LLC acted as co-placement agents for the Offering.

About Aureus Greenway Holdings Inc.

Forward-Looking Statements

Contact:

Aureus Greenway Holdings Inc.

aureus@golfkissimmeebay.com

SRM Entertainment rebrands as Tron Inc., to adopt ‘TRON’ ticker after staking 365 million TRX for crypto treasury

Wed, 16 Jul 2025 16:20:48 GMT

The company will begin trading as TRON on July 17, completing a shift from toy design and entertainment to crypto treasury management.

SRM has staked about 365 million TRX and brought on Tron founder Justin Sun as an adviser to its $100 million Tron balance‑sheet strategy.

SRM Entertainment said Wednesday it has rebranded as Tron Inc. and will change its Nasdaq ticker to TRON on Thursday, formalizing the pivot into managing a large corporate treasury of the Tron blockchain’s TRX -2.15% token.

The name change caps a shift for the toy maker that drew headlines last month when reports said Tron founder Justin Sun planned to take his crypto group public in the United States via a reverse merger with SRM. Sun joined the company as an advisor on June 16, while SRM also secured $210 million to fund its TRX treasury strategy.

Dominari Securities, a New York investment bank tied to Donald Trump Jr. and Eric Trump, arranged the now-finalized deal. Eric Trump later said he would have no role at the company.

SRM holds more than 365 million TRX tokens, making it the largest publicly traded holder of the cryptocurrency, according to its statement. The firm launched the strategy with a $100 million equity raise and has since staked its TRX holdings through Tron‑based lending platform JustLend in pursuit of up to 10% in annual returns, The Block previously reported.

SRM CEO Rich Miller said the rebrand aligns with the company's goal to create long‑term value for shareholders by holding and deploying TRX.

"We believe that TRX will continue to play a critical role in building the next generation global payment rail and a more inclusive financial infrastructure with 24/7 low-cost and fast transaction capability," he stated in a press release.

Shares of SRM rose 25% following the announcement, while TRX posted a modest increase during a broader altcoin uptrend, according to The Block’s price data .

Unusual Machines Announces Pricing of $48.5 Million Registered Direct Offering of Common Stock

Mon, 14 Jul 2025 16:26:03 GMT

Unusual Machines, Inc. announced the pricing of a registered direct offering of 5 million shares at $9.70 per share to raise $48.5 million for U.S.-based manufacturing expansion and working capital.

ORLANDO, FL / ACCESS Newswire / July 14, 2025 / Unusual Machines, Inc. (NYSE American:UMAC) (the "Company" or "Unusual Machines"), a leader in drone technology and component manufacturing, today announced it has entered into a securities purchase agreement with certain investors for the purchase and sale of 5,000,000 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering (the "Offering") at a public offering price of $9.70 per share.

Dominari Securities LLC is acting as the exclusive placement agent for the Offering.

The closing of the Offering is expected to occur on or about July 15, 2025, subject to the satisfaction of customary closing conditions.The Company expects to receive aggregate gross proceeds of $48.5 million from the Offering, before deducting placement agent fees and other related expenses. The Company intends to use the net proceeds from the Offering to support U.S.-based manufacturing expansion, working capital needs, and general corporate purposes.

The common stock (or pre-funded warrants in lieu thereof) will be issued in a registered direct offering pursuant to an effective shelf registration statement on Form S-3 (File No. 333-286413), previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on April 21, 2025. A prospectus supplement describing the terms of the proposed registered direct offering will be filed with the SEC and once filed, will be available on the SEC's website located at http://www.sec.gov or by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com, or by telephone at (212) 393-4500.

About Unusual Machines, Inc.

Unusual Machines, Inc. manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in first-person view (FPV) () ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032.

For more information, please visit www.unusualmachines.com . Information on the Company's website does not constitute a part of and is not incorporated by reference into this press release.

Safe Harbor Statement

This press release contains forward-looking statements which involve substantial risks and uncertainties relating to closing the Offering and use of proceeds. Forward-looking statements are often identifiable by the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "ongoing," "plan," "predict," "project," "potential," "should," "will," or "would," or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for making each forward-looking statement contained in this press release, the Company cautions that these statements are based on a combination of facts and factors currently known by the Company and its expectations of the future, about which the Company cannot be certain. Forward-looking statements are subject to considerable risks and uncertainties, as well as other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation, risks and uncertainties related to market conditions; the failure to meet customary closing conditions related to the Offering; and other risks and uncertainties, including those described within the section entitled "Risk Factors" in the Company's 2024 Annual Report on Form 10-K, changes in its business which affect the planned use of proceeds and the Risk Factors contained in the Prospectus Supplement. There can be no assurance that the Company will be able to complete the Offering on the anticipated terms, or at all. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances, except as required by law.

Investor Contact :

CS Investor Relations

investors@unusualmachines.com

Media Contact:

media@unusualmachines.com

SOURCE : Unusual Machines, Inc.

Markets are finally shaking off from its ‘tariff tantrum,’ financial expert says

Thu, 10 Jul 2025 16:29:15 GMT

Dominari Financial CEO Kyle Wool discusses President Donald Trump’s tariff agenda and its expected impact on the markets.

Thumzup Media Corporation Announces Closing of $6.5 Million Registered Direct Offering of Series C Preferred Stock at $60.00 Per Share (The Functional Equivalent of $6.00 Per Share of Common Stock)

Mon, 07 Jul 2025 17:58:00 GMT

Thumzup Media Corporation, an advertising industry disruptor and digital asset accumulator, has successfully closed its registered direct offering, securing approximately $6.04 million in net proceeds from the sale of Series C Convertible Preferred Stock to fund general corporate purposes and the accumulation of additional cryptocurrencies.

LOS ANGELES, July 7, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP ), a digital asset accumulator and advertising industry disruptor, today announced it has closed its previously announced registered direct offering with investors for the sale and purchase of 108,333 shares of Series C Convertible Preferred Stock (the "Series C") convertible into an aggregate of 1,083,333 shares of common stock, at a purchase price of $60.00 per share of Series C (functional equivalent of $6.00 per share of common stock) (the "Offering"). Each share of Series C converts into 10 shares of common stock. We do not expect that a trading market will develop for the Series C. The Series C is non-voting and its conversion is subject to 4.99% or 9.99% beneficial ownership limitations at the election of the holder. The net proceeds to the Company from the Offering were approximately $6.04 million after deducting placement agent fees and estimated offering expenses payable by the Company.

The Company intends to use the net proceeds from this proposed Offering for general corporate purposes and to explore accumulating other cryptocurrencies.

Dominari Securities LLC acted as the sole placement agent for the Offering.

This Offering was made pursuant to an effective shelf registration statement on Form S-3, as amended (No. 333-286951), declared effective by the U.S. Securities and Exchange Commission (the "SEC") on May 30, 2025. Such securities were offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying shelf prospectus describing the terms of the Offering has been filed with the SEC and is available on the SEC's website located at http://www.sec.gov . Electronic copies of the final prospectus supplement and the accompanying shelf prospectus may be obtained by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com , or by telephone at (212) 393-4500.

About Thumzup®

Thumzup Media Corporation (Thumzup) is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.

Thumzup was featured on CBS Los Angeles and in KTLA .

Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to the Offering. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements including: the intended use of proceeds to acquire digital assets and a change of circumstances and adverse changes in the crypto market including federal legislation and adverse regulations. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements. Other risks are contained in the Company's filings with the SEC, including in the Company's Annual Report on Form 10-K. Investors and security holders are urged to read these documents free of charge on the SEC's website at: http://www.sec.gov . Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

SOURCE Thumzup Media Corporation

Kandal M Venture Limited Announces Closing of Initial Public Offering

Thu, 26 Jun 2025 18:08:10 GMT

Kandal M Venture Limited announced the closing of its initial public offering (the “Offering”) of 2,000,000 Class A ordinary shares (the “Class A Ordinary Shares”) at a public offering price of $4.00 per share (the “Offering Price”).

New York, June 26, 2025 (GLOBE NEWSWIRE) -- Kandal M Venture Limited (Nasdaq: FMFC) (the “ Company ”), a contract manufacturer of affordable luxury leather goods with manufacturing operations in Cambodia, today announced the closing of its initial public offering (the “ Offering ”) of 2,000,000 Class A ordinary shares (the “ Class A Ordinary Shares ”) at a public offering price of $4.00 per share (the “Offering Price”). The Class A Ordinary Shares began trading on the Nasdaq Capital Market on June 25, 2025, under the symbol “FMFC.”

The aggregate gross proceeds from the Offering were $8.0 million, before deducting underwriting discounts and other related expenses. The Company intends to use the net proceeds for (i) broadening its customer base by expanding its geographical reach to other key markets, including the European markets, (ii) enhancing its production capacity, (iii) establishing a new design and development center for enhancing its product development capabilities, and (iv) additional working capital and other general corporate purposes.

In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 Class A Ordinary Shares at the Offering Price, less underwriting discounts.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as the representative of the underwriters, and Revere Securities LLC acted as the co-underwriter (collectively, the “ Underwriters ”) for the Offering. Loeb & Loeb LLP acted as U.S. legal counsel to the Company and The Crone Law Group, P.C. acted as legal counsel to the Underwriters for the Offering.

A registration statement on Form F-1 relating to the Offering has been filed with the U.S. Securities and Exchange Commission (the “ SEC ”) (File Number: 333-282786) and was declared effective by the SEC on June 23, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement, and a free writing prospectus. A final prospectus relating to the Offering was filed with the SEC on June 25, 2025 and is available on the SEC’s website at www.sec.gov . Alternatively, electronic copies of the final prospectus relating to this Offering 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 +1 (212) 393-4500; or from Revere Securities LLC by email at contact@reveresecurities.com, by standard mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering.

This press release has been prepared for informational purposes only and shall not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Kandal M Venture Limited

Kandal M Venture Limited is a contract manufacturer of affordable luxury leather goods with its manufacturing operations in Cambodia. Kandal M Venture Limited primarily manufactures handbags, such as shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, satchels, and other smaller leather goods, such as wallets.

For more information, please visit the Company’s website at www.kandalmv.com .

Forward-Looking Statements

Contacts :

Company:

Kandal M Venture Limited Investor Relations Contact:

Padachi Village, Prek Ho Commune, Takhmao Town, Kandal Province,

Kingdom of Cambodia

Email: enquiry@fmfco.com

Telephone: +855 23425205

Investor Relations Contact:

Skyline Corporate Communications Group, LLC

Scott Powell, President

1177 Avenue of the Americas, 5th Floor

New York, New York 10036

Office: (646) 893-5835 x2

Email: info@skylineccg.com

Website: www.skylineccg.com

Happy City Holdings Limited Announces Closing of Initial Public Offering

Wed, 25 Jun 2025 18:20:18 GMT

Hong Kong-based hotpot restaurant operator Happy City Holdings Limited (HCHL) announced the closing of its Initial Public Offering (IPO) of 1,100,000 Class A ordinary shares at $5.00 per share, raising $5.5 million in gross proceeds for business expansion and general corporate purposes.

Hong Kong, June 25, 2025 (GLOBE NEWSWIRE) -- Happy City Holdings Limited (Nasdaq: HCHL) (the “Company”), an established all-you-can-eat hotpot restaurant operator in Hong Kong , announced the closing of its initial public offering (the “Offering”) of 1,100,000 Class A ordinary shares (the “Class A Ordinary Shares”), at a price of $5.00 per Class A Ordinary Share (the “Offering Price”)

The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on June 24, 2025 under the symbol “HCHL.”

The Company received aggregate gross proceeds of US$5.5 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 165,000 Class A Ordinary Shares of the Company, at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering (the “Over-allotment Options”).

The Company intends to use the net proceeds from the Offering for its business expansion in Hong Kong and Southeast Asia region and working capital and general corporate purposes.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acts as the representative of the underwriters, with Revere Securities LLC and Pacific Century Securities LLC acting as the co-underwriters (collectively, the “Underwriters”) for the Offering. Ortoli Rosenstadt LLP, Ogier, David Fong & Co. and China Commercial Law Firm act as United States, British Virgin Islands, Hong Kong and People’s Republic of China legal counsels to the Company, respectively. AOGB CPA LIMITED acts as the reporting accountants of the Company. VCL Law LLP acts as legal counsel to the Underwriters for the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333- 285856), as amended, and was declared effective by the SEC on May 30, 2025. The Offering was made by means of a prospectus, forming a part of the registration statement. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov . Alternatively, copies of the prospectus relating to the Offering may be obtained, when available, 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, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350; or from Pacific Century Securities LLC by email at project@pcsecurities.us , by standard mail to Pacific Century Securities, LLC, 60-20 Woodside Avenue Ste 211 Queens, NY 11377, or by telephone at 212-970-8868.

About Happy City Holdings Limited

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurants in Hong Kong serving mixed style, Shabu Shabu-style and Thai-style specialty hotpot. Through our restaurants that are located in various prime locations in Hong Kong, our unique brand image, and our strong commitment to food quality, we offer an immersive dining experience to our customers.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations, including the trading of its Class A Ordinary Shares or the closing of the Offering. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports it files with the SEC before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

Contacts

Happy City Holdings Limited

Investor Relations

Email: info@happycitys.com

Dominari Securities Serves as Exclusive Placement Agent to SRM Entertainment on a $100 Million Equity Investment

Tue, 17 Jun 2025 18:36:13 GMT

SRM Launches TRON Treasury Strategy

NEW YORK , June 17, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) today announced that its wholly owned subsidiary, Dominari Securities LLC, served as the exclusive placement agent, successfully leading the placement of a $100 million equity investment for SRM Entertainment, Inc. (Nasdaq: SRM).

The transaction, which included the issuance of 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants, represents a total potential investment of $210 million upon full warrant exercise. As part of the deal, Justin Sun , founder of the TRON blockchain, will join SRM as an advisor.

TRON is the native cryptocurrency of the TRON blockchain, founded by Justin Sun in 2017. TRON supports smart contracts and decentralized applications with an emphasis on low-cost, high-speed transactions, particularly for stablecoin transfers like USDT.

"This landmark deal not only provides substantial capital to SRM but also strategically positions Dominari at the forefront of blockchain-driven finance," said Anthony Hayes , CEO of Dominari Holdings. "The proceeds will enable SRM to initiate a TRON Token ("TRX") Treasury Strategy and capitalize on the accelerating global adoption of blockchain and digital assets. TRON is recognized by many as one of the most innovative forces in blockchain technology, and this transaction underscores growing institutional confidence in blockchain as a foundational layer for global finance. We are honored to have facilitated this high-impact equity investment, which bridges traditional finance with next-generation digital asset strategies and reflects our mission to connect visionary companies with capital partners who share their ambition."

For additional information about the transaction, please see SRM's official press release at https://srmentertainment.com/srm-launches-tron-treasury-strategy-with-100000000-equity-investment/

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

Dominari Securities LLC's Mission Statement :

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.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world's largest theme parks and other entertainment venues. Many of SRM's creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM's products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM's design team developed specialty dolls, plush and toys for one of New York City's landmarks that features a popular holiday show. SRM's design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM's exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

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, 2023 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.

Investor Relations

Hayden IR

Brett Maas , Managing Partner

Phone: (646) 536-7331

Info@SRMentertainment.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/dominari-securities-serves-as-exclusive-placement-agent-to-srm-entertainment-on-a-100-million-equity-investment-302483642.html

SOURCE Dominari Holdings Inc.

The Trumps Promote a New Crypto Venture: Bitcoin Mining

Mon, 16 Jun 2025 18:44:43 GMT

The debut of American Bitcoin, a mining firm backed by Eric Trump and Donald Trump Jr., has heightened the ethical concerns swirling around the Trump presidency.

SRM Launches TRON Treasury Strategy with $100,000,000 Equity Investment

Mon, 16 Jun 2025 18:39:24 GMT

Justin Sun - Founder of TRON Blockchain Signs Advisory Agreement with SRM

Winter Park, Florida, June 16, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), announced today that it has entered into a Securities Purchase Agreement (“SPA”) with a private investor for a $100,000,000 equity investment that will be used by SRM to initiate a TRON Token (“TRX”) Treasury Strategy. Along with the strategic investment - Justin Sun, founder of TRON blockchain, has been named as an advisor to the Company.

Pursuant to the terms and conditions of the SPA, the Company will issue an aggregate of 100,000 shares of its Series B Convertible Preferred Stock, convertible into a total of 200 million shares of common stock at a conversion price of $0.50 per share, and 220 million warrants, to acquire up to an aggregate of 220 million shares of common stock at an exercise price of $0.50 per share (the “Offering”). In addition, the Company plans to change its name to Tron Inc.

Dominari Securities LLC is acting as the exclusive placement agent for the Offering.

The strategic investment, valued at $210,000,000 upon full exercise of the warrants, enables SRM to build a substantial TRON Treasury Strategy. This transaction aligns with the Company’s vision of creating long-term value for shareholders by capitalizing on the global adoption of blockchain and digital innovation. As a part of its TRON Treasury Strategy, the Company intends to implement a dividend policy upon the successful implementation of the TRX staking program.

"Stablecoins and blockchain are revolutionizing global payments, enabling faster, cheaper, and more transparent transactions. With over 310 million international user accounts and average daily transactions YTD exceeding $20 billion, TRON strives to be the protocol of choice for onchain settlement serving the mass populations worldwide”, said Justin Sun, founder of TRON blockchain.

“As blockchain technology gains wider adoption globally, TRON has become the industry leader for cross border settlement in US dollar stablecoin. We are excited to invest into the future of the world’s next generation financial infrastructure,” said Rich Miller, Chief Executive Officer of SRM.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world’s largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions.

About TRON blockchain

Founded in 2017, TRON is a decentralized blockchain that supports smart contracts and decentralized applications, with lower fees and faster transaction time than other leading blockchains such as Bitcoin and Ethereum. It has since become one of the world’s most popular Layer-1 Protocols, hosting approximately 78.7 billion in US dollar stablecoins as of June 15, 2025.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements include, but are not limited to, statements regarding the Company’s possible name change, the possible exercise of warrants issued in the Offering, and the Company’s plans to implement a dividend policy. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.go v . Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

(407)-230-8100

website: SRMentertainment.com

Trump-backed American Bitcoin mining firm acquires first $23 million worth of BTC

Tue, 10 Jun 2025 18:47:37 GMT

American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., has acquired at least 215 BTC — worth nearly $24 million — as of May 31, according to an SEC filing.

The firm intends to go public this year through a stock-for-stock merger with Gryphon Digital Mining.

American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., has acquired at least 215 BTC -1.93% — worth nearly $24 million — as of May 31, according to a filing with the U.S. Securities and Exchange Commission dated June 6. Notably, the firm mined these tokens, a representative told The Block.

This marks the company's first sizable Bitcoin exposure since announcing a Bitcoin treasury strategy, inspired by Michael Saylor's Strategy.

President Donald Trump's eldest sons partnered with Bitcoin mining firm Hut 8 to form American Bitcoin. The newly established entity expects to go public in the second half of the year through a SPAC merger with Gryphon Digital Mining and will trade on the Nasdaq under the ticker symbol ABTC.

In the filing, the firm noted its first priority is building "efficient operations to produce Bitcoin below market cost" that will fund continued Bitcoin treasury purchases and "ecosystem leadership" efforts — three "distinct layers" of operation.

ABTC employs one full-time employee and operates three facilities in Niagara Falls, NY, Medicine Hat, AB, and Orla, TX, through a services agreement with Hut 8 as of the end of May, according to the filing.

Editor's note (June 11, 2025 — 4:00 p.m. ET): Notes the firm mined rather than purchased the tokens.

Dominari Holdings Is On The Leading Edge Of America's Next Technology Boom

Wed, 04 Jun 2025 12:28:00 GMT

A publicly traded company in America is on the forefront of the some of the largest disruptive new trends in technology. And it might be just the very beginning.

What’s happening :

Dominari Holdings (NASDAQ: DOMH) has been raising capital at a relentless pace for publicly traded technology companies, successfully completing 35 different deals in the past year

By the numbers :‍

Over the past year, Dominari Holdings has raised approximately $287.5M USD in capital for companies with a focus on disruptive technology
The average return of IPOs backed by Dominari Holdings has been roughly +344% from initial pricing to the all time high share price
Dominari Holdings also has roughly $2M USD in direct Bitcoin exposure through the BlackRock iShares Bitcoin Trust (NASDAQ: IBIT)

Why it matters :‍

Dominari Holdings has been deeply involved in the formation of Trump family backed Bitcoin mining company American Bitcoin, which just recently announced a merger agreement with Gryphon Digital Mining (NASDAQ: GRYP) in a deal that could potentially value the company at multiple billions of dollars

Going deeper :‍

Dominari Holdings has been one of the prominent backers of Unusual Machines (NASDAQ: UMAC), including just recently leading their $40M USD equity financing round to scale up domestic drone production at their manufacturing facility located in Orland, Florida
Dominari Holdings also recently led multiple financing rounds for authID (NASDAQ: AUID) to scale up their biometric identity technology, which has important applications for preventing fraud as well as blocking deepfakes

The intrigue :‍

Eric Trump and Donald Trump Jr also previously made waves in the public markets when they joined Dominari Holdings as strategic advisors and both participated in a $13.5M USD financing round to focus on Dominari Holdings beginning to expand their operations into data centres and high performance computing

How Dominari Holdings (Nasdaq: DOMH) Big Bet on American Bitcoin will Pay Off

Wed, 28 May 2025 12:36:28 GMT

Dominari Holdings (ticker DOMH) is positioning itself as a strategic investor in the Bitcoin mining / accumulation space via its stake in American Bitcoin.

May 28, 2025 (Investorideas.com Newswire) Investorideas.com, a go-to platform for big investing ideas, including bitcoin and crypto stocks reports on Dominari Holdings Inc. ( Nasdaq: DOMH ), following the recent news that Gryphon Digital Mining, Inc. ( NASDAQ:GRYP ) entered into a definitive merger agreement with American Bitcoin Corp.

With a news headline - "Transaction expected to provide Gryphon stockholders equity in a public vehicle with the goal of building the world's largest, most efficient pure-play Bitcoin miner alongside a robust strategic Bitcoin reserve", crypto investors paid attention and the stock ran.

But behind the American Bitcoin story is a holding company that that bets early on the key trends from bitcoin to cybersecurity and drones. It does not "follow the money"; the money follows its investments.

Dominari Holdings Inc. ( Nasdaq: DOMH ) a strategic investor in American Bitcoin commented on the news on May 13th noting:

"American Bitcoin was launched earlier this year, in partnership with Eric Trump, who will remain an advisor and chief strategy officer, with the goal of building the world's largest, most efficient pure-play Bitcoin miner alongside a robust strategic Bitcoin reserve. American Bitcoin is purpose-built to enable Bitcoin accumulation at scale through low-cost Bitcoin mining and other complementary strategies."

"As an early investor in American Bitcoin, we are proud to support its journey toward becoming a public market leader," said Kyle Wool, President of Dominari Holdings Inc. "This merger marks a significant milestone not only for American Bitcoin, but also for Dominari. American Bitcoin was formed as a joint venture between American Data Centers, an independent company that we created a few short months ago, and Hut 8. From the outset, we recognized its potential to become a formidable force in the digital asset mining sector. The merger between American Bitcoin and Gryphon Digital Mining validates that vision and highlights the strength of our broader strategy and business model. We believe the combined company is exceptionally well-positioned to capitalize on structural tailwinds in Bitcoin mining and digital infrastructure, and we look forward to supporting its continued growth as a strategic partner. For Dominari shareholders, this is notable value creation."

Dominari Holdings owns over 3% of American Bitcoin, and as bitcoin runs to new highs and analysts are predicting $250K BTC Price in 2025 and $1M by 2030 , this investment can pay off big. Its stake in the company has also increased in value based on the terms of the merger and the rise in Gryphon Digital Mining, Inc. ( NASDAQ:GRYP ) stock price following the news.

According to the Gryphon press release , "Following the completion of the transaction, current Gryphon stockholders are expected to own approximately 2% of the combined company, and former American Bitcoin stockholders will own approximately 98%. The transaction is expected to close as early as the third quarter of 2025, subject to satisfaction of specified closing conditions, including receipt of Gryphon stockholder approval."

Investorideas issued a trading and news for Gryphon Digital Mining, Inc. ( NASDAQ:GRYP ), following the news of the American Bitcoin merger -" Bitcoin Stock Gryphon Digital Mining, Inc. (NASDAQ: GRYP) Stock Soars on Merger Tied to Eric Trump and Hut 8 "

Gryphon Digital Mining trended on the news, closing at $1.4200, up 0.9000, gaining 173.08% on volume of over 259 Million shares.

Gryphon announced that it has entered into a definitive merger agreement with American Bitcoin Corp., a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction. Upon closing, the combined company will operate under the American Bitcoin brand, led by the management and board of directors of American Bitcoin. The combined company is expected to trade on Nasdaq under the ticker symbol "ABTC."

"The Gryphon team is pleased to offer our stockholders the opportunity to participate in what we believe will be the next era of public Bitcoin mining through this combination," said Steve Gutterman, Chief Executive Officer of Gryphon. "American Bitcoin brings together an outstanding leadership team and a clear strategy to build a premier institution in this fast-evolving industry."

From the news : Hut 8 Corp. ( NASDAQ:HUT ) launched American Bitcoin earlier this year in partnership with Eric Trump, with the goal of building the world's largest, most efficient pure-play Bitcoin miner alongside a robust strategic Bitcoin reserve. American Bitcoin is purpose-built to enable Bitcoin accumulation at scale through low-cost Bitcoin mining and other complementary strategies.

"Taking American Bitcoin public is a critical step toward scaling the business at the pace and magnitude we envision," said Asher Genoot, Board Member of American Bitcoin and CEO of Hut 8. "Time-to-market was a critical factor, and this transaction enables an efficient path to public markets by combining with an entity that is structurally aligned with American Bitcoin's mining-focused launch strategy."

As the American Bitcoin transaction with Gryphon closes, Dominari Holdings’ value will increase substantially if the current trend in bitcoin and related stock continues. But as a holding company it does not have all its eggs in one basket.

Two other emerging trend investments of Dominari Holdings Inc. ( Nasdaq: DOMH ) include biometric cybersecurity stock authID Inc. ( NASDAQ:AUID ) and drone stock Unusual Machines ( NYSE American: UMAC ).

The company says in its mission statement it "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."

Company news

https://feeds.issuerdirect.com/news-release.html?newsid=6241883491978817&symbol=DOMH

previous coverage

https://www.investorideas.com/news/2025/cryptocurrency/05131Gryphon-Digital-Mining-GRYP.asp

original GRYP news

https://finance.yahoo.com/news/gryphon-digital-mining-announces-merger-103000294.html

Research more bitcoin and crypto stocks with Investorideas.com free stock directory

https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

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SRM Entertainment Announces Closing of $5 Million Private Placement

Tue, 27 May 2025 12:45:14 GMT

SRM Entertainment, Inc. (Nasdaq: SRM) completed a private investment in public equity (PIPE) financing, raising $5 million in gross proceeds.

Winter Park, Florida, May 27, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), a leading provider of creative and high-quality licensed media-themed merchandise, announces today the closing of its previously announced private investment in public equity (“PIPE”) financing with an institutional investor for gross proceeds to the Company of $5,000,000, before deducting placement agent fees and offering expenses.

Pursuant to the terms of the securities purchase agreement, the Company sold an aggregate of 5,000 shares of its Series A Convertible Preferred Stock, convertible into an aggregate of 8,928,571 shares of common stock at a conversion price of $0.56 per share (not at $0.50 per share as previously reported), and warrants, each having the right to purchase one share of common stock, to acquire up to an aggregate of 8,928,571 shares of common stock, subject to beneficial ownership limitations. The purchase price for one unit (consisting of one share of Series A Convertible Preferred Stock convertible into approximately 1,785 shares and the same number of warrants) was $1,000. The warrants issued at the closing of the offering are exercisable immediately at an exercise price of $0.65 per share and will expire two years from the date of issuance. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital.

Dominari Securities LLC acted as the sole placement agent for the PIPE financing.

The securities being offered and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the "SEC") or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. The Company has agreed to file one or more registration statements with the SEC covering the resale of the unregistered shares issuable upon the conversion of the Series A Preferred Stock and the shares issuable upon exercise of the unregistered warrants.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world's largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov . Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.

Media and Investor Relations

Info@SRMentertainment.com

(407)-230-8100

website: SRMentertainment.com

PicoCELA Inc. Announces Closing of Public Offering

Tue, 27 May 2025 08:42:03 GMT

PicoCELA Inc. completed a best-efforts public offering of 6,100,000 American Depositary Shares (ADSs) at $0.30 per ADS

TOKYO, May 27, 2025 /PRNewswire/ -- PicoCELA Inc. ("PicoCELA" or the "Company,") (Nasdaq: PLCA ), a Tokyo-based provider of enterprise wireless mesh solutions, today announced the closing of its previously announced best-efforts public offering (the "Offering") of 6,100,000 American Depositary Shares ("ADSs") at a public placement price of $0.30 per ADS. The Company received aggregate gross proceeds of $1,830,000, before deducting placement agent commission and other offering expenses. Each ADS represents one common share of the Company.

The Company intends to use approximately 70% of the net proceeds from the Offering for working capital and general corporate purposes and approximately 30% for product development and research.

Revere Securities LLC acted as the lead placement agent and Dominari Securities LLC acted as the co-placement agent in connection with the Offering. Hunter Taubman Fischer & Li LLC acted as U.S. counsel to the Company, and Winston & Strawn LLP acted as U.S. counsel to the placement agents in connection with the Offering. Spirit Advisors LLC acted as the financial advisor for the Company.

A registration statement on Form F-1, as amended (File No. 333-285764), relating to the Offering was filed with the U.S. Securities and Exchange Commission (the "SEC") and was declared effective by the SEC on May 22, 2025. The Offering was made only by means of a prospectus, forming part of the effective registration statement. A copy of the final prospectus relating to the Offering was filed with the SEC on May 27, 2025 and is available on the SEC's website at www.sec.gov . Copies of the prospectus may be obtained from: Revere Securities LLC, 560 Lexington Ave, 16th Floor, New York, NY 10022, or by email at contact@reveresecurities.com .

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About PicoCELA Inc.

PicoCELA is a Tokyo-based provider of enterprise wireless mesh solutions, specializing in the manufacturing, installation, and services of mesh Wi-Fi access point devices. PicoCELA Backhaul Engine, the Company's proprietary patented wireless mesh communication technology software, eliminates the need for extensive LAN cabling and enables flexible and easy installation of Wi-Fi network devices. PicoCELA also offers a cloud portal service, PicoManager, which allows users to monitor connectivity and communication traffic, as well as install edge-computing software on the Company's PCWL mesh Wi-Fi access points.

Forward-Looking Statements

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

For investor and media inquiries, please contact:

global@picocela.com

Logo: https://mma.prnewswire.com/media/2599954/5340089/PicoCELA_Logo.jpg

SOURCE PicoCELA Inc.

SRM Entertainment Announces $5 Million Private Placement

Thu, 22 May 2025 12:52:48 GMT

SRM Entertainment (ticker: SRM) is planning a private placement financing expected to generate about $5 million in gross proceeds, before fees.

Winter Park, Florida, May 22, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), a leading provider of creative and high-quality licensed media-themed merchandise, announces today that it has entered into a securities purchase agreement with an institutional investor for a private investment in public equity (“PIPE”) financing that is expected to result in gross proceeds to the Company of approximately $5 million, before deducting placement agent fees and offering expenses.

The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital.

Pursuant to the terms of the securities purchase agreement, the Company is selling an aggregate of 5,000 shares of its Series A Convertible Preferred Stock, convertible into an aggregate of 10 million shares of common stock at a conversion price of $0.50 per share, and warrants, each having the right to purchase one share of common stock, to acquire up to an aggregate of 10 million shares of common stock, subject to beneficial ownership limitations. The purchase price for one share of Series A Convertible Preferred Stock and one warrant was $1,000. The warrants to be issued at the closing of the offering are exercisable immediately upon issuance at an exercise price of $0.65 per share and will expire two years from the date of issuance.

Dominari Securities LLC acted as the sole placement agent for the PIPE financing.

The securities being offered and sold by the Company in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the “SEC”) or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. The Company has agreed to file one or more registration statement with the Securities and Exchange Commission (“SEC”) covering the resale of the unregistered shares issuable upon the conversion of the Series A Convertible Preferred Stock and the shares issuable upon exercise of the warrants.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world's largest theme parks and other entertainment venues. Many of SRM’s creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM’s design team developed specialty dolls, plush and toys for one of New York City’s landmarks that features a popular holiday show. SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Caution Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in the Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other reports filed with the SEC and available at www.sec.gov . Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. The forward-looking statements contained herein are made only as of the date hereof.

Media and Investor Relations

Info@SRMentertainment.com

(407)-230-8100

website: SRMentertainment.com

Donald Trump Jr.'s transformation into Washington power broker

Fri, 16 May 2025 13:00:00 GMT

With his father back in the White House, Donald Trump Jr. has significantly elevated his role—transitioning from a relatively lower-profile figure to a central player in Washington’s power and business circles.

When the crypto mining firm American Bitcoin announced plans to go public on the Nasdaq stock exchange this week, the company called it a "major milestone" for a key stakeholder, Dominari Holdings — a little-known investment house that recently added a very recognizable name to its advisory board: Donald Trump Jr.

It was the latest maneuver in a series of high-stakes, and potentially lucrative business deals Trump Jr. and his younger brother Eric, also a Dominari adviser, stand to benefit from.

Since his father won the 2024 election, Trump Jr. has joined at least eight corporate boards or advisory committees, adding political clout and his famous family brand to companies that sell handguns, make drones, and offer healthcare services online.

During President Trump's second term, his son Donald Jr. has morphed from a lower profile presence in Washington to what Trump first term press secretary Sean Spicer, who knows Trump Jr. well, describes as the "most prominent non-elected representative of the MAGA base hands down, the No. 1 surrogate and power player in the ecosystem outside of his father." The most overt symbol of that ascendence – and of the Trump family's unique blend of governing and deal-making, went public last month, with the announcement of a highly exclusive private club, which is named "Executive Branch."

At the coming-out event, the cocktails flowed and servers passed caviar to A-list guests that included Secretary of State Marco Rubio; Attorney General Pam Bondi; Paul Atkins, the chairman of the Securities and Exchange Commission and FCC chair Brendan Carr. The Capital's buzzy newsletters revealed the club's eye-popping club membership fee: $500,000.

Private clubs have long been a fixture of official Washington, where lobbyists and well-heeled donors can mingle with members of Congress and high-ranking officials. But this venture launched by the president's oldest son is something new — and, according to critics, serves as the latest example of how the Trump family has turbo-charged Washington's pay-to-play culture.

"I don't think there has ever been anything comparable to this use of the presidency to advance private business interests," said Richard Briffault, a law professor who specializes in government ethics at Columbia Law School.

Critics fear a pay-to-play culture

To government watchdogs, the members-only social club embodies what they say is an increasingly brazen mingling of private business interests and government policy.

"It's unseemly and it undermines the public's faith that the government is operating in the public interest," said Brett Kappel, a veteran Washington, D.C., election lawyer.

Melanie Sloan, a former federal prosecutor who has for years advocated for stronger ethics rules in the nation's capital, told CBS News she views the club as a blatant play to cash in with interest groups seeking access to the Trump administration.

"This is literally members bringing money into the pockets of Donald Trump Jr, and his business partners," Sloan said.

Trump Jr.'s allies disagree. They argue the extravagant membership fee actually cuts against the claim that it is a vehicle for influence peddling — because members are already so well connected.

"If your goal was to let as many people in as possible, you'd have every lobbyist in D.C. join," said one source familiar with the concept behind the club, pointing out that members who could afford the sky-high admission fee would likely already be well known in Washington's power corridors.

For his part, Trump Jr. disputes suggestions that he is cashing in on his father's name or testing any ethical boundaries.

"I'm a private citizen who has been a businessman my entire life," he said in a statement provided to CBS News. "It's laughable that the left-wing media thinks that I should lock myself in a padded room and cease what I've been doing for over 25 years to earn a living and provide for my five children," Trump Jr. added.

The White House calls Trump Jr.'s private sector dealings ethically sound, pointing out that President Trump's assets are held in a trust controlled by his family

The "Executive Branch" club is only one of the ways Trump Jr. has raised his profile during his father's second term. The president's son has rapidly expanded the family's crypto profile and continued to pursue real estate investments. He has also been a front-facing leader of the MAGA empire, supplanting his sister Ivanka and brother-in-law, Jared Kushner, as the most high-profile — and politically astute — Trump scion in Washington.

The "Trump bump"

The family business is a global enterprise. Recently, Trump Jr. made a whirlwind tour of several foreign nations, including Serbia, Hungary and Bulgaria, where he looked in on real estate interests, delivered lucrative speeches and met with government leaders, according to The New York Times.

At home, Trump Jr.'s move to join a spree of corporate boards in the role of adviser or board member traces in part to his relationship with Omeed Malik, the financier and mega Trump donor who is also Trump Jr.'s co-founder in the D.C. social club.

Just days after the election, Malik brought on Trump Jr. as a partner in his venture capital firm, 1789 Capital, which says on its website that it invests in conservative companies and eschews "woke capitalism" and other left-wing causes, a deal a knowledgeable source said was in the works before the election. Trump Jr. soon joined the boards of arms retailer GrabAGun as well as the online health care company BlinkRX, both 1789 Capital properties.

It is not hard to see the impact when a company adds Trump Jr. to its board. When Dominari Holdings inc., a wealth management and banking services company, announced that it was bringing on both of the president's sons, its stock price shot up 83% to a record high, eventually settling down to 30% above where it was before Trump Jr. joined. Shortly thereafter, Dominari's CEO announced that the company was planning investments in AI and data centers, growth industries where the Trump administration has been massively rolling back regulations. In a company press release, CEO Kyle Wood he cited Trump Jr.'s and Eric Trump's "strategic insight" in both of those sectors.

And this week, the Bitcoin mining company owned partly by Trump sons Donald Jr. and Eric engineered a listing on the NASDAQ after merging with a smaller, publicly traded mining firm called Gryphon Digital Mining Inc. Dominari Holdings is effectively acting as the banker for the deal and has been reaching out to potential investors.

In another example of the so-called "Trump bump," the stock price of Unusual Machines, a Florida-based drone manufacturer, nearly doubled when the news hit that Trump Jr. was joining the board.

Unusual Machines, which manufactures its unmanned aerial vehicles and components in the U.S., is aiming to reduce American dependence on Chinese drones. But for the time being the company is reliant on Chinese parts, which means that the Trump administration's yo-yoing tariffs on China could hurt the company's bottom line. CEO Allan Evans has said he would not ask Trump Jr. to intervene with the federal government on the company's behalf for relief.

"I would never ask him to do anything or facilitate anything like that," Evans told the Wall Street Journal.

Trump Jr. and his defenders clap back at critics who suggest his moves to join board seats and champion business interests carry the echoes of past ventures by presidential relatives like Billy Carter, Neil Bush or Hunter Biden. They call him a skilled entrepreneur with a long record of business success who has capitalized on his position by making shrewd business decisions, cultivating lucrative connections among tech and finance leaders, all while building up a powerful political operation in Washington.

The Hunter Biden comparisons, in particular, have drawn a sharp response: "He became a 'businessman' after his dad got elected," Trump Jr. said in a social media post. "I joined a Venture Capital Firm that invests in private American companies — Nothing to do with the government."

MAGA power broker

"Don Jr. was an accomplished businessman long before his father got into politics and just continues to grow," said Sean Spicer, who served the president as press secretary in his first term and now hosts the Sean Spicer podcast.

Today, Spicer says Trump Jr. is the man to see. Spicer, who worked closely with the president's son during the first term, says has seen the evolution up close.

"If the phone rings and it's Don Jr., you better pick it up on the first ring," Spicer said. During the 2020 campaign Trump Jr. emerged as a potent asset for his father, stumping on the trail and fully embodying the MAGA brand. He flung "red meat" to the rapturous crowds at Trump rallies and showed an instinct for the jugular that reminded observers of Trump senior.

A big part of his success, his friends say, is an ability to blend with the grassroots MAGA world.

"Don Jr. isn't just a billionaire's son, he's one of us," said Andrew Kolvet, spokesman for Turning Point USA, the preeminent MAGA aligned youth organization and an associate of Trump Jr.

Trump Jr.'s inside and outside game makes him a unique player in Trump's Washington, his allies say — someone with unparalleled clout within the administration who is also able to operate freely in the private sector.

He has forged close ties with powerful tech titans like Elon Musk and David O. Sacks, the angel investor who was a key figure in bringing a powerful and wealthy contingent of Silicon Valley over to Trump. Sacks is currently serving as the White House Czar for both Crypto and AI. Last month, he became member #1 of the Executive Branch club.

Gryphon Digital To Take Trump-Affiliated American Bitcoin Public In Merger Deal, Stock Soars

Mon, 12 May 2025 13:24:53 GMT

Gryphon Digital Mining, Inc. (NASDAQ: GRYP ) announced a definitive all-stock merger with American Bitcoin, a Trump family-affiliated entity majority owned by Hut 8.

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) shares are trading higher premarket at the last check on Monday after it disclosed a definitive stock-for-stock merger deal with American Bitcoin, a majority-owned subsidiary of Hut 8 Corp. (NASDAQ: HUT ) for an undisclosed amount .

Upon closing, the combined entity will operate under the American Bitcoin brand and is expected to trade on Nasdaq under the ticker “ABTC.”

Notably, in collaboration with Eric Trump, Hut 8 launched American Bitcoin earlier this year.

This venture aims to establish the world’s largest and most efficient pure-play Bitcoin mining operation, complemented by a substantial strategic Bitcoin reserve.

American Bitcoin is specifically designed to facilitate Bitcoin accumulation at scale through cost-effective mining practices and other synergistic strategies.

The transaction is projected to close as early as the third quarter of 2025, contingent upon fulfilling certain closing conditions.

Upon the transaction’s completion, it is anticipated that existing Gryphon stockholders will hold roughly 2% of the combined company, while former American Bitcoin stockholders will own approximately 98%.

Asher Genoot , Board Member of American Bitcoin and CEO of Hut 8 said, “Time-to-market was a critical factor, and this transaction enables an efficient path to public markets by combining with an entity that is structurally aligned with American Bitcoin’s mining-focused launch strategy.”

As of March 31, cash and cash equivalents stood at $735k .

Price Action : GRYP shares are up 303.9% to $2.10 premarket at the last check on Monday.

American Bitcoin Is Coming Soon To Wall Street

Mon, 12 May 2025 13:13:09 GMT

The new Bitcoin mining company backed by Hut 8 and the Trump family is coming to the Nasdaq next.

What’s happening :

American Bitcoin has announced a merger agreement with Gryphon Digital Mining (NASDAQ: GRYP) to go public on the Nasdaq

By the numbers :‍

American Bitcoin shareholders will own 98% of the company following the completion of the merger
Gryphon Digital Mining shareholders will own 2% of the newly combined company following the successful completion of the merger

Why it matters :‍

American Bitcoin Corp is a subsidiary of Hut 8 (NASDAQ: HUT) and is co-founded by Eric Trump and Donald Trump Jr

Going deeper :‍

Hut 8 previously made waves when they contributed 61,000 ASIC mining rigs to American Bitcoin in exchange for an 80% equity stake in the company

The fine print:

The merger between Gryphon Digital Mining and American Bitcoin will still ultimately require approval from the United States Securities and Exchange Commission before it can officially close

Dominari Securities Leads $40 Million Public Offering Providing Continued Capital Markets Support to Established Client, Unusual Machines

Fri, 09 May 2025 13:42:44 GMT

Dominari Securities LLC acted as the exclusive placement agent in a $40 million public offering for Unusual Machines, Inc.

NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Dominari Securities LLC, a wholly owned subsidiary of Dominari Holdings Inc. (Nasdaq:DOMH), today announced it served as the exclusive placement agent successfully leading the placement of a $40 million public offering for Unusual Machines, Inc. (NYSE American:UMAC), an existing client.

"We are honored to continue to support Unusual Machines as they scale and innovate in the rapidly growing American drone sector," said Kyle Wool, CEO of Dominari Securities LLC. "At Dominari, we are focused on helping build great American companies by combining smart capital solutions with strategic insight and long-term vision. Our relationship with Unusual Machines reflects our commitment to creating lasting value both for our clients and our shareholders."

This transaction builds on Dominari's deep relationship with Unusual Machines. Principals of Dominari were founding shareholders of the company raising $2.08 million in a pre-IPO round and leading its successful $5 million IPO on the NYSE American. Subsequently, Dominari acted as the exclusive placement agent for a private placement in October 2024, which generated approximately $1.96 million in gross cash proceeds. Now, the company lead this $40 million public offering, further demonstrating its long-term commitment to its client and capital markets leadership.

Unusual Machines, a leading U.S.-based manufacturer and distributor of drone components, priced its offering of 8,000,000 shares of common stock at $5.00 per share. The offering closed on May 7, 2025, subject to customary closing conditions. The company intends to use the net proceeds to accelerate the completion of its Orlando, Florida drone motor facility and support general corporate purposes, including working capital.

Dominari Securities LLC's Mission Statement:

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.

About Unusual Machines, Inc.

The Company manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in first-person view ("FPV") ultra-low latency video goggles for drone pilots. Several of the Company's products have been approved for and listed on the Defense Innovation Unit's Blue Framework list. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, The Company seeks to be a dominant component supplier to the fast-growing multi-billion-dollar US drone industry and the global defense business. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information visit Unusual Machines at https://www.unusualmachines.com/ .

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 Securities LLC

(212) 393-4500

http://www.dominarisecurities.com/

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

investors@unusualmachines.com

SOURCE : Dominari Securities LLC

authID Announces Pricing of Approximately $2,100,000 Million Registered Direct Offering

Tue, 06 May 2025 13:51:29 GMT

authID Inc., a provider of biometric identity verification & authentication solutions, has entered into a definitive agreement to sell approximately 373,060 shares of its common stock in a registered direct offering.

DENVER, May 06, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell approximately 373,060 shares of its common stock (the “Shares”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share will be $5.60. The aggregate gross proceeds from the Offering are expected to be approximately $2,100,000 million before deducting placement agent fees and other offering expenses.

The closing of the Registered Direct Offering is expected to occur on or about May 7, 2025, subject to the satisfaction of customary closing conditions.

Dominari Securities LLC and Madison Global Partners, LLC, acted as Co-Placement Agents for the offering.

authID intends to use the net proceeds for working capital and general corporate purposes.

The Shares offered in the Registered Direct Offering are being offered by the Company pursuant to a shelf registration statement (Registration No. 333-283580) filed with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on December 13, 2024. The offering is being made only by means of a prospectus supplement and accompanying prospectus. A prospectus supplement and accompanying prospectus relating to the Registered Direct Offering will be filed with the SEC and, when available, may be obtained for free on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and accompanying prospectus relating to the Registered Direct offering may be obtained by contacting Madison Global Partners, LLC, Attention: David S. Kaplan, 350 Motor Parkway, Suite 205, Hauppauge, NY 11788, by email at info@madisonglobalpartners.com , or by telephone at (646) 690-0330.

About authID Inc.

authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey Solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem.

For further information please visit authid.ai

Media Contacts

NextTech Communications

Walter Fowler

1-631-334-3864

wfowler@nexttechcomms.com

Investor Relations Contacts

Investor-Relations@authid.ai

Cautionary Statement Regarding Forward-Looking Statements:

This Press Release includes “forward-looking statements.” All statements other than statements of historical facts included herein are forward-looking statements. Actual results may vary materially from the results anticipated by these forward-looking statements as a result of a variety of risk factors. See the Company’s Annual Report on Form 10-K for the Fiscal Year ended December 31, 2024, filed at www.sec.gov and other documents filed with the SEC for risk factors which investors should consider. These forward-looking statements speak only as to the date of this release and cannot be relied upon as a guide to future performance. authID expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release to reflect any changes in its expectations with regard thereto or any change in events, conditions, or circumstances on which any statement is based.

Unusual Machines, Inc. Announces Pricing of $40.0 Million Confidentially Marketed Public Offering of Common Stock

Mon, 05 May 2025 13:56:41 GMT

Unusual Machines, Inc. Announces $40 Million Public Offering Unusual Machines, Inc. (UMAC) has priced a $40 million public offering of 8 million common shares at $5.00 per share.

ORLANDO, FLORIDA / ACCESS Newswire / May 5, 2025 / Unusual Machines, Inc. ("Unusual Machines" or the "Company") (NYSE American:UMAC), a United States based manufacturer and distributor of drone parts announced today the pricing of its confidentially market public offering (the "Offering") of 8,000,000 shares of common stock at a public offering price of $5.00 per share.

The Company expects to receive aggregate gross proceeds of $40.0 million from the Offering, before deducting placement agent fees and other related expenses. The Offering is expected to close on or about May 6, 2025, subject to the satisfaction of customary closing conditions.

The Company intends to use net proceeds from the Offering to accelerate the completion of its Orlando, Florida drone motor facility and well as for general corporate purposes, including working capital.

Dominari Securities LLC is acting as the exclusive placement agent for the Offering.

This Offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-286413), previously filed with the U.S. Securities and Exchange Commission (the "SEC") on April 7, 2025 and subsequently declared effective by the SEC on April 21, 2025.

A preliminary prospectus supplement and accompanying shelf prospectus relating to the Offering and describing the terms of thereof has been filed with the SEC on May 5, 2025 and forms a part of the effective registration statement, and is available on the SEC's website located at http://www.sec.gov . Electronic copies of the preliminary prospectus supplement and the accompanying base prospectus may be obtained, by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave., 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com , or by telephone at (212) 393-4500. The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC, which will be available for free on the SEC's website at www.sec.gov .

About Unusual Machines, Inc.

The Company manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in first-person view ("FPV") ultra-low latency video goggles for drone pilots. Several of the Company' products have been approved for and listed on the Defense Innovation Unit's Blue Framework list. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, The Company seeks to be a dominant component supplier to the fast-growing multi-billion-dollar US drone industry and the global defense business. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information visit Unusual Machines at https://www.unusualmachines.com/ .

Forward-Looking Statements

This press release contains forward-looking statements which involve substantial risks and uncertainties relating to closing the Offering and use of proceeds. Forward-looking statements are often identifiable by the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "ongoing," "plan," "predict," "project," "potential," "should," "will," or "would," or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for making each forward-looking statement contained in this press release, the Company cautions that these statements are based on a combination of facts and factors currently known by the Company and its expectations of the future, about which the Company cannot be certain. Forward-looking statements are subject to considerable risks and uncertainties, as well as other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation, risks and uncertainties related to whether or not the Company will be able to raise the proceeds from the Offering; market conditions; satisfaction of customary closing conditions related to the Offering; and other risks and uncertainties, including those described within the section entitled "Risk Factors" in the Company's 2024 Annual Report on Form 10-K, changes in its business which affect the planned use of proceeds and the Risk Factors contained in the Prospectus Supplement. There can be no assurance that the Company will be able to complete the Offering on the anticipated terms, or at all. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances, except as required by law.

Investor Relations Contact :

CS Investor Relations

917-633-8980

SOURCE : Unusual Machines, Inc.

Everbright Digital Holding Limited Announces Closing of Initial Public Offering

Mon, 21 Apr 2025 14:08:38 GMT

Everbright Digital Holding Limited (Nasdaq: EDHL), a Hong Kong-based integrated marketing solutions provider specializing in metaverse and digital technologies, has closed its initial public offering of 1.5 million ordinary shares at $4.00 each, raising $6 million in gross proceeds.

HONG KONG, April 21, 2025 (GLOBE NEWSWIRE) -- Everbright Digital Holding Limited (the “Company” or “Everbright”), an integrated marketing solutions provider headquartered in Hong Kong, today announced the closing of its initial public offering (the “Offering”) of 1,500,000 ordinary shares, par value US$0.00004 per share (the “Ordinary Shares”), at a public offering price of US$4.00 per ordinary share. The Ordinary Shares began trading on the Nasdaq Capital Market on April 17, 2025, under the ticker symbol “EDHL.”

The Company received aggregate gross proceeds of US$6.0 million from the sale of Ordinary Shares offered by the Company in the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 225,000 ordinary shares at the public offering price, less underwriting discounts.

Net proceeds from the Offering will be used by the Company for marketing and business expansion, continued research and development of our core technologies, business development overseas, talent acquisition and training, as well as for general working capital and corporate purposes.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as the lead underwriter and Revere Securities LLC acted as co-underwriter for the Offering. Pacific Century Securities, LLC acted as an advisor to the Company. Ortoli Rosenstadt LLP acted as U.S. counsel to the Company, and Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to the underwriters.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-285191), as amended, and was declared effective by the SEC on March 31, 2025. 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 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 calling (212) 393-4500. In addition, copies of the final prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov .

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Everbright Digital Holding Limited

Everbright Digital Holding Limited is an integrated marketing solutions provider headquartered in Hong Kong. The Company conducts all operations in Hong Kong through its operating subsidiary, Hong Kong United Metaverse Limited. The Company is an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, providing one-stop digital marketing services to support businesses through every stage of their development, including metaverse stimulation, virtual reality (VR) and augmented reality (AR) design and creation, creative event planning and management, IP character creation and social media marketing.

For more information, please visit the Company’s website: https://umeta.hk/ .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

Everbright Digital Holding Limited

Leung Chun Yip, CEO

Email: michael@umeta.hk

MASTERBEEF GROUP Announces Closing of US$8.0 Million Initial Public Offering

Fri, 11 Apr 2025 14:14:34 GMT

MasterBeef Group has closed its initial public offering of 2 million ordinary shares at $4.00 per share, raising $8 million in gross proceeds.

Hong Kong, April 11, 2025 (GLOBE NEWSWIRE) -- MasterBeef Group (the “Company”), a full-service restaurant group in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares, par value US$0.0005 per share, at a public offering price of US$4.00 per ordinary share. The ordinary shares began trading on the Nasdaq Capital Market on April 10, 2025 under the ticker symbol “MB”.

The Company received aggregate gross proceeds of US$8.0 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the public offering price, less underwriting discounts.

Net proceeds from the Offering will be used for (i) the expansion of its restaurant network through the establishment of new restaurant outlets and its franchising endeavors in Hong Kong and overseas including Singapore and other Southeast Asian countries; (ii) its marketing and branding campaigns, including marketing and promotional activities to further expand its customer base and strengthen its brands; (iii) the production and sale of semi-finished food products such as packaged hotpot soup base and marinated food products; (iv) the investment in technology solutions for table service, inventory management and order processing, and the upgrade of the IT systems in its restaurant outlets; and (v) general corporate purposes that are beneficial in developing the business and its strategic direction.

The Company also registered an aggregate of 1,815,000 ordinary shares for the potential resale by certain shareholders of the Company. These shares were not underwritten by the underwriters and the Company will not receive any proceeds from the sale of the shares held by these resale shareholders.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as the lead underwriter for the Offering and Revere Securities LLC acted as a co-underwriter. Schlueter & Associates, P.C. acted as U.S. securities counsel to the Company, and Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to the underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-283142) and was declared effective by the SEC on March 31, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the prospectus relating to the Offering may be obtained from Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor, New York, NY 10022, or by email at investmentbanking@dominarisecurities.com , or by telephone at (212) 393-4500, or Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by email at contact@reveresecurities.com , or by telephone at (212) 688-2350. In addition, copies of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov .

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About MasterBeef Group

MasterBeef Group is a full-service restaurant group in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue. The Company, through its Hong Kong operating subsidiaries, operates 12 restaurant outlets under the Master Beef and Anping Grill brands. For more information, please visit the Company’s website: masterbeefgroup.com .

Forward-Looking Statements

Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the Registration Statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov .

For more information, please contact:

MasterBeef Group

Email: ir@masterbeefgroup.com

TOP WIN INTERNATIONAL LIMITED Announces Closing of Initial Public Offering

Thu, 03 Apr 2025 14:22:13 GMT

Top Win International Limited has successfully closed its initial public offering of 2,664,000 ordinary shares at $4.00 per share, raising approximately $10.6 million in gross proceeds.

Hong Kong, April 03, 2025 (GLOBE NEWSWIRE) -- TOP WIN INTERNATIONAL LIMITED (Nasdaq: TOPW) (the “Company” or “Top Win”), a Hong Kong-based wholesaler specializing in trading, distribution, and retail of luxury watches of international brands, today announced the successful closing of its initial public offering (the “Offering”) of 2,664,000 ordinary shares (the “Ordinary Shares”) at the price of $4.00 per share (the “Offering Price”).

The Ordinary Shares commenced trading on the Nasdaq Capital Market on April 2, 2025, under the ticker symbol “TOPW.”

The Company received gross proceeds of approximately US$10.6 million from the Offering, before deducting underwriting discounts and other offering expenses. In connection, the Company has granted the underwriters a 45-day option to purchase up to an additional 399,600 Ordinary Shares of the Company, at the Offering Price, representing 15% of the Ordinary Shares sold in the Offering.

The Company intends to use the net proceeds from the Offering for: (i) brand marketing and promotion; (ii) sales team expansion and regional growth, including Southeast Asia; (iii) sourcing and inventory diversification; and (iv) working capital and general corporate purposes.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acts as the representative of the underwriters, with Revere Securities LLC acting as the co-underwriter (collectively, the “Underwriters”) for the Offering. Ortoli Rosenstadt LLP, Harney Westwood & Riegels, and Stevenson, Wong & Co. act as the U.S., Cayman Islands, and Hong Kong legal counsels to the Company, respectively. Marcum Asia CPAs LLP acts as the independent registered public accounting firm of the Company. The Crone Law Group, P.C. acts as the U.S. counsel to the Underwriters for the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-283448), as amended, and was declared effective by the SEC on March 27, 2025. The Offering was made by means of a prospectus, forming a part of the registration statement, and a free writing prospectus. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov . Copies of the final prospectus relating to the Offering 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, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350.

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About TOP WIN INTERNATIONAL LIMITED

Headquartered in Hong Kong, TOP WIN INTERNATIONAL LIMITED is a holding company operating through its Hong Kong subsidiary, Top Win International Trading Limited, a wholesaler engaged in the trading, distribution, and retail of luxury watches. With strategic sourcing and a broad selection of over 30 internationally renowned watch brands, Top Win connects global suppliers with buyers across the Asia-Pacific luxury market, leveraging Hong Kong’s position as a premier regional hub.

For more information, please visit: https://topw.com.hk/ , https://ir-topw.com.hk/ .

Forward-Looking Statement

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the use of proceeds from the sale of the Company’s Ordinary Shares in the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Investor Relations

WFS Investor Relations Inc.

Janice Wang

Managing Partner

Email: jwang@wealthfsllc.com

Tel: +1 628 283 9214 | +86-1381-176-8559

Waton Financial Limited Announces Closing of Initial Public Offering with Simultaneous Full Exercise of the Over-Allotment Option

Wed, 02 Apr 2025 14:51:12 GMT

Waton Financial Limited has successfully closed its initial public offering of 4,375,000 ordinary shares at $4.00 per share, raising $17.5 million in gross proceeds.

HONG KONG, April 02, 2025 (GLOBE NEWSWIRE) -- Waton Financial Limited (“WTF” or the “Company”), a British Virgin Islands-incorporated holding company that provides securities brokerage and financial technology services primarily through its Hong Kong subsidiaries, Waton Securities International Limited and Waton Technology International Limited, today announced the closing of its initial public offering of 4,375,000 ordinary shares, no par value per share (the “Ordinary Shares”), at a public offering price of $4.00 per share (the “Offering”) on April 2, 2025 (the “Closing Date”). The gross proceeds of the Offering were $17,500,000, before deducting underwriting discounts and commissions and offering expenses. The Ordinary Shares began trading on the Nasdaq Capital Market under the ticker symbol “WTF” on April 1, 2025.

On the Closing Date, the Company also closed the sale of an additional 656,250 Ordinary Shares, pursuant to the full exercise of the over-allotment option granted to the underwriters in connection with the Offering, at the public offering price of $4.00 per share. As a result, the Company has raised additional gross proceeds of $2,625,000, before deducting underwriting discounts and offering expenses.

The Offering was conducted on a firm commitment basis. CATHAY SECURITIES, INC. acted as representative of the underwriters for the Offering, with Dominari Securities LLC acting as co-underwriter (collectively, the “Underwriters”). Carey Olsen Singapore LLP, Han Kun Law Offices LLP and Hunter Taubman Fischer & Li LLC acted as British Virgin Islands legal counsel, Hong Kong legal advisers and U.S. securities counsel, respectively, to the Company. Kaufman & Canoles, P.C. acted as U.S. securities counsel to the Underwriters for the Offering.

The Offering was conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333-283424) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 31, 2025. The Offering was made only by means of a final prospectus, copies of which may be obtained from Cathay Securities, Inc. at 40 Wall Street, Suite 3600, New York, NY 10005, or by telephone at +1 (855) 939-3888.

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About Waton Financial Limited Inc. (“Waton”)

Waton Financial Limited is a British Virgin Islands-incorporated holding company with operations primarily conducted through its wholly-owned subsidiaries in Hong Kong, Waton Securities International Limited and Waton Technology International Limited. Waton provides a suite of financial services, including securities brokerage, asset management, and software licensing and other support services, catering to a diverse clientele of retail and institutional investors. Waton leverages technology and a client-centric approach with the aim to deliver innovative and reliable financial solutions.

Cautionary Note Regardinig Forward-Looking Statements

Certain statements in this press release are “forward-looking statements” as defined under the federal securities laws, including, but not limited to, statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate”, or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For further information, please contact:

Waton Financial Limited

Investor Relations Department

Email: ir@waton.com

Eric Trump shares details of new Bitcoin mining venture, including planned Nasdaq ticker

Wed, 02 Apr 2025 14:44:36 GMT

Eric Trump and Donald Trump Jr. have partnered with Hut 8, a leading Bitcoin mining firm, to establish American Bitcoin, a new company focused on large-scale Bitcoin mining and strategic reserve development.

Eric Trump, President Donald Trump’s son, dove further into crypto Monday when he announced that he was launching American Bitcoin, a Bitcoin mining firm that wants to “become a publicly listed company,” according to a document filed with the Securities and Exchange Commission. And the new business is so confident it’ll go public that it’s already registered a ticker with the Nasdaq , according to Eric and Asher Genoot, the CEO of Hut 8, a publicly traded Bitcoin mining firm that has partnered with the Trumps.

The ticker will be $ABTC, the pair told Fortune in a Tuesday interview. A spokesperson for the Nasdaq said the exchange is not able to comment on specific companies or tickers. Once issuers reserve a ticker, they must “reasonably expect” to use it within two years, according to the Nasdaq’s website . “We can confirm that we have reserved the ticker with a U.S stock exchange,” said a spokesperson for American Bitcoin.

Eric Trump, the executive vice president of the Trump Organization, and Genoot have about “100 of the same friends,” said Trump, adding that the pair connected earlier this year after he and his brother, Donald Trump Jr., announced a plan to launch a data center company called American Data Centers. “Let’s bring these things together,” Genoot remembered thinking, in reference to his Bitcoin mining facilities and the Trumps’ new company.

Following a series of dinners, including pizza at the Trump family’s golf club in Jupiter, Fla., Genoot and Eric Trump decided to rebrand the data center as a new Bitcoin-focused company. “It has to have the word ‘American’ in it,” Trump said. After they settled on the American Bitcoin name, they registered the $ABTC ticker with the Nasdaq right after.

“I think ultimately it will become a Bitcoin proxy,” Trump told Fortune of the new company. “There’s no doubt about it.” There is precedence for this in the corporate world, most notably Michael Saylor’s Strategy, a onetime cybersecurity company that loaded its balance sheet with Bitcoin, and saw its market capitalization rise far above the value of the Bitcoin it itself holds.

Hut 8, the Bitcoin mining firm, owns 80% of the new company, with the other 20% owned by Eric Trump, Donald Trump Jr., and early investors in the original Trump-led data center firm.

American Bitcoin is the latest crypto venture from the Trump family. In December 2022, Donald Trump made his first foray into blockchain when he launched his own NFT collections . Since then, his family has launched its own crypto app World Liberty Financial , Trump has endorsed his own memecoin called TRUMP , and World Liberty Financial announced plans to release its own stablecoin , or cryptocurrency pegged to fiat currencies like the U.S. dollar.

Meanwhile, the White House, under Trump, has signaled a friendlier approach to the crypto industry compared to his predecessor, Joe Biden. He’s appointed an AI and crypto czar, pardoned crypto criminals, and authorized the creation of a strategic Bitcoin and digital assets reserve.

The close alignment between the Trump’s family’s crypto pursuits and the Trump administration’s pro-crypto politics has prompted critics to allege extensive conflicts of interest. Eric Trump, however, disputed those claims. He said that the Trump Organization started World Liberty Financial a year before Trump won office in November.

“This is something that our family believes,” said Trump. “It’s something our family speaks about with our heart and soul.”

‘The weaponization is real’: Eric Trump puts major banks in his crosshairs for ‘rude awakening’

Tue, 01 Apr 2025 14:55:25 GMT

Trump Organization Executive Vice President Eric Trump talks the family's crypto craze, President Donald Trump's deportation initiatives and allegations against bank companies discriminating politically against the First Family.

Eric Trump: 'We Are Reinventing the Financial System'

Tue, 01 Apr 2025 14:53:34 GMT

Trump Organization Executive Vice President, American Bitcoin Chief Strategy Office Eric Trump says "there is nothing that DeFi, there is nothing that cryptocurrency on blockchain can't do better, cheaper, in every way faster, more transparently, than the financial system we have right now." He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto."

The Trump Family Advances Its All-Out Crypto Blitz, This Time With Bitcoin Mining

Mon, 31 Mar 2025 14:56:52 GMT

A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled by Hut 8

Dominari Holdings adopts corporate Bitcoin strategy, invests $2 million in BlackRock’s Bitcoin ETF

Fri, 28 Mar 2025 15:04:18 GMT

Dominari, which trades under the ticker DOMH and has a $70 million market cap, is the latest public company to establish a corporate Bitcoin treasury strategy.

Dominari Holdings on Friday became the latest publicly traded company to enact a corporate Bitcoin BTC -0.42% treasury strategy. The holding company is engaged in wealth management, investment banking, trading and asset management, according to its website.

Dominari (ticker DOMH) will use a portion of its excess cash and earnings to buy shares of BlackRock's iShares Bitcoin Trust ETF (IBIT), the largest spot bitcoin exchange-traded fund. Dominari's management plans to continue this practice as the company's cash reserves continue to grow.

Dominari currently has $2 million in its Bitcoin treasury and expects to add further to its alternative coin treasury by year's end.

The announcement came in conjunction with Dominari's fourth-quarter earnings release. The company expects to report a total revenue of approximately $19 million for 2024, with over $8 million of the annual revenue recognized during the fourth quarter.

"As we continue to expand our capacity to provide comprehensive investment banking services, we remain committed to our broader strategy of transitioning into a dynamic holding company, strategically investing in emerging technologies that drive innovation and long-term value for our shareholders," CEO Anthony Hayes said in the release.

Strategy is the largest corporate holder of bitcoin, and thanks to MSTR's success and a crypto-friendly White House, several companies have established their own Bitcoin strategies in recent months.

Earlier this week, Japan-based Metaplanet added $12.6 million worth of bitcoin after appointing Eric Trump to its advisory board. The company aims to hold 10,000 BTC by the end of 2025 and is currently the largest corporate Bitcoin holder in Asia.

Meanwhile, video game retailer GameStop said it is issuing $1.3 billion in convertible notes to fund a corporate Bitcoin treasury. Investors remain divided, however, with some seeing potential for long-term gains while others worry about stock dilution and the company’s history of financial struggles.

DOMH shares traded down 8.2% to $4.80 at publication time. The company has a market cap of $70.4 million.

WF Holding Limited Announces Closing of Initial Public Offering

Fri, 28 Mar 2025 15:00:30 GMT

WF Holding Limited has successfully closed its initial public offering of 2,000,000 ordinary shares at $4.00 per share, raising $8 million in gross proceeds.

KUALA LUMPUR, March 28, 2025 (GLOBE NEWSWIRE) -- WF Holding Limited (“WF Holding” or “Company”), a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, announced today the successful closing of its initial public offering of 2,000,000 ordinary shares, par value $0.00005 per share (the “Ordinary Shares”), at a public offering price of $4.00 per share. The offering generated total gross proceeds of $8 million, before deducting underwriting discounts and other offering expenses. The Company’s Ordinary Shares started trading on the Nasdaq Capital Market on March 27, 2025 under the ticker symbol “WFF.”

In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 Ordinary Shares at the public offering price, less underwriting discounts. The Company intends to use the net proceeds from this offering for expanding the Company’s production capacity, hiring and training staff, working capital and general corporate purposes.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as the lead underwriter, with Revere Securities LLC acting as a co-underwriter for the Offering. Bevilacqua PLLC acted as U.S. counsel to the Company, and The Crone Law Group, P.C. acted as U.S. counsel to the underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-282294) and was declared effective by the SEC on March 26, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement, and a free writing prospectus. Copies of the final prospectus relating to the Offering 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 USA, or by telephone at +1 (212) 393-4500; or from Revere Securities LLC by email at contact@reveresecurities.com, by standard mail to Revere Securities LLC, 560 Lexington Ave, 16th Floor, New York, NY 10022 USA, or by telephone at (212) 688-2238. In addition, copies of the prospectus and free writing prospectus relating to the Offering may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

***

About WF Holding Limited

Based in Malaysia, WF Holding Limited is an ISO 9001:2015 certified manufacturer of fiberglass reinforced plastic (FRP) products including tanks, pipes, ducts and custom-made FRP products. With a track record of over 30 years, we design and fabricate products that meet the specific needs of our clients, ensuring high-quality and reliable performance. Our high-quality and durable products leverage the advantages of FRP to reinforce critical industrial infrastructure, driving resilience, longevity and sustainability. We also deliver a wide range of related services such as consultation, delivery, installation, repair and maintenance.

Forward-Looking Statements

Certain statements in this announcement are “forward-looking statements” as defined under the U.S. federal securities laws, including, but not limited to, the Company’s statements regarding the use of proceeds from the sale of the Company’s shares in the Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project” or “continue” or the negative of these terms or other comparable terminology in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

WF Holding Limited

Investor Relations

Email: corporate@winfung.com.my

Sense Consultancy Group

Yan Pheng Liang

Email: phengliang@leesense.com

Private AI sectors are attracting a ‘tremendous’ amount of money, expert says

Thu, 27 Mar 2025 15:10:26 GMT

Dominari Securities CEO Kyle Wool reacts to a recent report that OpenAI expects their 2025 revenue to triple to $12.7 billion.

Spectral AI Announces Public Filing of Registration Statement for Proposed Initial Public Offering of Spectral IP

Thu, 20 Mar 2025 15:15:57 GMT

The offering, which remains subject to SEC approval, is expected to raise capital to support the commercialization of Spectral AI’s DeepView® System—a multi-spectral imaging and AI-driven platform for predicting wound healing.

DALLAS, March 20, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”) , developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from the U.S. Food and Drug Administration in 2018 and uses multi-spectral imaging and AI algorithms to predict burn healing potential, today announced that its wholly-owned subsidiary, Spectral IP, Inc., has publicly filed a registration statement with the U.S. Securities and Exchange Commission (“SEC”) relating to its planned spinoff through an initial public offering of its shares of common stock. Spectral IP, Inc. will be renamed SIM IP Inc. (“SIM IP”) prior to the completion of this offering.

The number of shares of common stock to be offered and the price range for the proposed offering have not yet been determined. SIM IP has filed an application to list its common stock on the Nasdaq Capital Market under the ticker symbol “SMIP.”

The filing of these documents does not guarantee the listing of SIM IP’s common stock. SIM IP may withdraw its application due to future circumstances, stock market conditions, or other factors.

Dominari Securities LLC is acting as the representative of the underwriters, with Revere Securities LLC acting as the co-underwriter for the proposed offering.

The proposed offering will be made only by means of a prospectus forming a part of the registration statement. Copies of the registration statement and the preliminary prospectus included therein relating to the proposed offering, when available, may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov/search-filings, or from Dominari Securities LLC, 725 5th Ave, 23rd Floor, New York, NY 10022, Telephone: (212) 393-4500; Email: investmentbanking@dominarisecurities.com.

A registration statement on Form S-1 (File Number: 333-285935) relating to these securities was filed with the SEC on March 20, 2025, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of SIM IP’s securities, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The proposed offering is subject to market and other conditions and the completion of the SEC’s review process. There can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the offering.

About Spectral AI

Spectral AI, Inc. is a Dallas-based predictive AI company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, with initial applications involving patients with burns. The Company is working to revolutionize the management of wound care by “Seeing the Unknown®” with its DeepView® System. The DeepView® System is a predictive device that offers clinicians an objective and immediate assessment of a burn wound’s healing potential prior to treatment or other medical intervention. With algorithm-driven results and a goal of exceeding the current standard of care in the future, the DeepView® System is expected to provide faster and more accurate treatment insight towards value care by improving patient outcomes and reducing healthcare costs. For more information about the DeepView® System, visit www.spectral-ai.com.

Forward-Looking Statements

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including the statements regarding SIM IP’s proposed offering, statements regarding the Company’s strategy, plans, objectives, initiatives and financial outlook. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Company’s and SIM IP’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. As such, readers are cautioned not to place undue reliance on any forward-looking statements.

Investors should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” sections of the Company’s and SIM IP’s filings with the SEC, including the Registration Statement and the other documents filed by SIM IP and the Company. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

For Media and Investor Relations, please contact :

David Kugelman

Atlanta Capital Partners LLC

(866) 692-6847 Toll Free - U.S. & Canada

(404) 281-8556 Mobile and WhatsApp

Email: dk@atlcp.com

Dominari Securities Receives FINRA Approval to Expand Operations

brian.balbirnie@issuerdirect.com (Brian Balbirnie) — Tue, 04 Mar 2025 22:01:06 GMT

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 Wool, 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:

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.

Dominari Securities Receives FINRA Approval to Expand Operations

Tue, 04 Mar 2025 15:21:29 GMT

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.

Dominari Holdings Strategic Expansion into Emerging Technologies

Data Centers
Renewable Energy, Including Nuclear and Small Modular Reactors (SMRs)
Quantum Computing

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

Dominari Securities LLC's Mission Statement :

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.

Investor Relations

Hayden IR

Brett Maas , Managing Partner

Phone: (646) 536-7331

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.

Eric and Donald Trump Jr. Gave a Trump Bump to This Hot Stock

Fri, 28 Feb 2025 15:26:58 GMT

Dominari Holdings Adds Trump Sons to Advisory Board and Partners on New Venture

Investment and banking holding company Dominari Holdings announced on Feb. 11 that Donald Trump Jr. and Eric Trump, two sons of President Donald Trump, joined the company’s board of advisors and invested in Dominari. A week later, Dominari said it formed a new company with the Trump brothers to build data centers.

Dominari: How the Trump Family are Investing in Data Centres

Wed, 19 Feb 2025 15:34:56 GMT

Dominari Holdings has announced a strategic entry into the US data centre market with the backing of the US President’s sons Eric and Donald Trump Jr.

US investment firm Dominari Holdings has launched a high-performance computing (HPC) data centre unit, American Data Centers Inc (ADC), alongside two sons of US President Donald Trump.

This marks the firm’s first foray into the US data centre market, with ADC focusing on growing AI and HPC infrastructure in the US. Working alongside Eric Trump and Donald Trump Jr, Dominari will hold 32% ownership of the company.

“The demand for cloud computing, AI-driven applications, cryptocurrency mining and enterprise data storage is expanding at an unprecedented rate. Through this initiative, we aim to build a robust portfolio of cutting-edge, energy-efficient data centers strategically located in key markets across the US,” says Kyle Wool, President of Dominari Holdings.

“Strengthening American AI infrastructure is vital to support the global rise in demand for these technologies. This venture aligns with our broader strategy to invest in high-growth industries and deliver lasting value to our shareholders.”

Who are Dominari Holdings?

Dominari Holdings, Inc. is an investment company that aims to invest in ambitious companies that have the potential for significant growth and high returns for its shareholders.

As a result of the ADC announcement, the firm has witnessed its share prices rise by 1,118% since the start of 2025, as investors are eager to get involved after the Trump sons joined the company’s advisory board.

The company noted: “Their guidance is expected to be instrumental as we continue to seek attractive investment opportunities, particularly in the rapidly evolving AI and data centre sector .”

Formerly known as Aikido Pharma, Inc., the firm was initially formed in 1967 as Spherix Incorporated and has been operating as a biotechnology company with a portfolio of small-molecule anticancer and antiviral therapeutics in development.

Over the past year, the company has shifted its main focus away from biotechnology to focus more on the fintech and financial services industries.

Powering ahead in AI data centre development

Eric Trump and Donald Trump Jr. joined the Advisory Board of Dominari Holdings in February 2025, eager to highlight their shared goal of moving into the AI data centre sector.

“The establishment of ADC is crucial for the development of AI infrastructure in the United States,” Eric Trump shared. “With the soaring demand for data and an urgent need for scalable and efficient data solutions, ADC is poised to become a leading player in the rapidly advancing AI sector, ensuring that America can rely on homegrown solutions to power its AI backbone.”

This is not the first time the Trump family has invested in data centres. Eager to boost the US data centre market even further, President Trump signed an agreement with DAMAC Properties shortly before he retook office in January 2025.

US$20bn was pledged by DAMAC founder Hussain Sajwani to build new data centres across the US, with its global infrastructure company EDGNEX Data Centers by DAMAC simultaneously announcing its strategic entry into the US data centre market.

Dominari Is Skyrocketing After Eric and Donald Trump Jr. Become Advisers

Thu, 13 Feb 2025 15:41:24 GMT

Dominari Holdings Adds Trump Sons to Advisory Board and Partners on New Venture

Aureus Greenway Holdings Inc. Announces the Closing of its Initial Public Offering

Thu, 13 Feb 2025 15:38:51 GMT

Aureus Greenway Holdings Inc. (NASDAQ: AGH) has closed its initial public offering of 3,750,000 shares at $4.00 per share, raising $15 million in gross proceeds.

Kissimmee, FL, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”) (NASDAQ: AGH), an owner and operator of daily fee golf country clubs in the state of Florida, announced today the closing of its initial public offering (the “Offering”) of 3,750,000 shares of its common stock at a public offering price of $4.00 per share for total gross proceeds of $15,000,000, before deducting underwriting discounts and other offering expenses. The shares of common stock of the Company began trading on the Nasdaq Capital Market on February 12, 2025, under the ticker symbol “AGH.” The Offering consisted of 3,000,000 shares of common stock from the Company and 750,000 shares of common stock from certain selling stockholders. The Company did not receive any proceeds from any sale of shares by the selling stockholders.

Dominari Securities, LLC acted as lead underwriter, with Revere Securities LLC acting as the co-underwriter. Ortoli Rosenstadt LLP acted as U.S. securities counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as U.S. securities counsel to the underwriters, in connection with the Offering.

A registration statement on Form S-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333- 280340), as amended, and was declared effective by the SEC on November 12, 2024 and declared effective by the SEC on a post-effective basis on February 10, 2025. 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 calling (212) 393-4500. In addition, copies of the final prospectus relating to the Offering, when available, may be obtained via the SEC’s website at www.sec.gov .

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Aureus Greenway Holdings Inc.

Aureus Greenway Holdings Inc. owns and operates daily fee golf country clubs in the state of Florida that are designed to appeal to a wide-ranging population. The combination of our strategic locations and approachable golf-courses attracts both local and tourist demographics, allowing us to offer a variety of golf experiences while capturing a broad share of discretionary leisure spending. For more information, please visit our website at www.aureusgreenway.com .

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the expected trading of its common stock on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Investor Relations Contact:

Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

These AI data center stocks are breaking new highs every day

Tue, 11 Feb 2025 15:48:25 GMT

Dominari Securities CEO Kyle Wool and Aquinas Wealth Advisors President Chris McMahon analyze earnings and the A.I. sector on 'Mornings with Maria.'

Dominari Holdings shares surge 30% after Donald Trump Jr. and Eric Trump join advisory board

Tue, 11 Feb 2025 15:47:16 GMT

Dominari Holdings Inc. (NASDAQ: DOMH) experienced a significant increase in its stock price following the announcement that Donald Trump Jr. and Eric Trump have joined the company's advisory board.

Dominari Holdings shares shot up Tuesday after the holding company announced that President Donald Trump ’s sons — Donald Trump Jr. and Eric Trump — have joined its advisory board.

The stock surged as much as 83.9% to a record high before trading about 30% higher. Dominari is involved in wealth management, investment banking, sales and trading through its subsidiaries. It is a so-called microcap company with a market cap of roughly $51.5 million, per FactSet.

Trump Jr. and Eric Trump participated in a recent private placement funding round in the company. Dominari on Tuesday announced a $13.5 million registered direct and private placement offering, while its board also declared a special cash dividend of $4 million.

Dominari CEO Kyle Wool said his firm is looking for investment opportunities, particularly in the artificial intelligence and data center industries.

“AI is advancing at an unprecedented pace and has the potential to revolutionize industries and transform the way companies do business,” Trump Jr. said in a statement. “Harnessing this transformative technology is essential to the ‘America First’ agenda. It will require significant capital investment and strategic planning, and I look forward to contributing to those discussions at Dominari.”

This isn’t the first corporate board Trump Jr. has joined since his father’s election victory. In December, he was added to the board of PSQ Holdings, the owner of the online marketplace PublicSquare. He also joined the board of Unusual Machines , a small U.S. drone and drone component maker .

In November, the eldest son of Trump joined venture capital firm 1789 Capital as a partner. The firm invests in products and companies aimed at conservatives and its investments include Tucker Carlson’s media company.

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Skyline Builders Group Holding Limited Announces Closing of Approximately $6 Million Initial Public Offering

Fri, 24 Jan 2025 18:03:35 GMT

Skyline Builders Group Holding Limited (Nasdaq: SKBL) has successfully closed its initial public offering of 1.5 million Class A ordinary shares at $4.00 per share, raising approximately $6 million before underwriting fees.

Hong Kong, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQ: SKBL) (the “Company”), a civil engineering services provider in Hong Kong, today announced the closing of its initial public offering (“Offering”) of 1,500,000 Class A ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $6 million to the Company before underwriting discounts and commissions. Proceeds from the Offering will be used to enhance the Company’s capacities in hiring additional staff, strengthen its market position in the civil engineering industry, acquire machinery to enhance its capacity, enhance the Company’s brand, as well as to fund working capital and for other general corporate purposes.

All of the Class A Ordinary Shares are offered by the Company. The Offering closed on January 24, 2025 and the Class A Ordinary Shares commenced trading on Nasdaq Capital Market on January 23, 2025 under the ticker symbol “SKBL.” The Company has granted the Underwriters an option to purchase up to 225,000 additional Class A Ordinary Shares within 45 days of the effective date of the Company’s registration statement in relation to the Offering.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as representative of the underwriters with Revere Securities LLC acted as co-underwriter (collectively, the “Underwriters”) for the Offering. Loeb & Loeb LLP acted as counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as counsel to the Underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (“SEC”) (File Number: 333-282720) and was declared effective by the SEC on December 31, 2024. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor, New York, NY 10022. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation, or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Skyline Builders Group Holding Limited

Skyline Builders Group Holding Limited operates as an Approved Public Works Contractor undertaking roads and drainage to its customers in Hong Kong. Its construction activities mainly include public civil engineering works, such as road and drainage works, in Hong Kong. It mostly undertakes civil engineering works in the role of subcontractor, while it is also fully qualified to undertake such works in the capacity of main contractor. The Company’s public sector projects mainly involve infrastructure developments while private sector projects mainly involved residential and commercial developments.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Skyline Builders Group Holding Limited
Investor Relations Department
Email: ir@skylinebuilders.cc

Diginex Limited Announces Closing of $9.2 Million Initial Public Offering

Thu, 23 Jan 2025 18:08:27 GMT

Diginex Limited (Nasdaq: DGNX) has closed its initial public offering, raising approximately $9.2 million through the sale of 2,250,000 ordinary shares at $4.10 each.

HONG KONG, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (“Diginex Limited” or the “Company”), incorporated in the Cayman Islands, is an impact technology business that helps organizations to address the some of the most pressing Environmental, Social and Governance (“ESG”), climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action, today announced the closing of its initial public offering (the “Offering”) of 2,250,000 ordinary shares at a public offering price of $4.10 per ordinary share, for total gross proceeds of $9,225,000, before deducting underwriting discounts, commissions, and other related expenses.

The Company has granted Dominari Securities LLC (“Dominari” or “Representative”), the underwriter, an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 337,500 ordinary shares at the initial public offering price, less underwriting discounts to cover over-allotments, if any. Shares of the Company’s common stock began trading on the Nasdaq Capital Market under the symbol “DGNX” on January 22, 2025.

The Offering was conducted on a firm commitment basis. The Company intends to use the proceeds from the Offering for working capital and general corporate purposes.

Dominari Securities, LLC acted as the representative of the underwriters to the Offering, and Revere Securities, LLC was a co-underwriter. Loeb & Loeb LLP acted as U.S. counsel to Diginex, and Robinson & Cole LLP acted as U.S. counsel to Dominari Securities LLC in connection with this Offering.

A registration statement on Form F-1 (File No. 333-282027) was filed with the Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on December 20, 2024. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this offering, when available, may be obtained from Dominari Securities LLC, 725 5th Ave, 23rd Floor, New York, NY 10022, Telephone: (212) 393-4500; Email: investmentbanking@dominarisecurities.com .

Before you invest, you should read the registration statement (including the post-effective amendment) and the preliminary prospectus contained therein and the final prospectus, when available, and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Diginex Limited

Diginex Limited is a Cayman Islands exempted company incorporated under the laws of the Cayman Islands in 2024, with subsidiaries located in Hong Kong, United Kingdom and United States of America. Diginex Limited conducts operations through its wholly owned subsidiary Diginex Solutions (HK) Limited, a Hong Kong corporation (“DSL”) and DSL is the sole owner of (i) Diginex Services Limited, a corporation formed in the United Kingdom and (ii) Diginex USA LLC, a limited liability company formed in the State of Delaware. DSL commenced operations in 2020, is headquartered in Hong Kong, and is a software company that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. DSL is an impact technology business that helps organizations to address the some of the most pressing ESG, climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.

Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software For more information, please visit the Company’s website: https://www.diginex.com/ .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

Diginex
Investor Relations
Email: ir@diginex.com

Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global

Stock market is going higher in 2025 because of Trump: Kyle Wool

Tue, 21 Jan 2025 18:10:11 GMT

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Unusual Machines Adds Electronic Speed Controller to the Blue UAS Framework

Fri, 17 Jan 2025 18:20:37 GMT

Unusual Machines, Inc. has announced that its Rotor Riot Brave 55A electronic speed controller (ESC) has been added to the Blue UAS Framework, a vetted program used by U.S. defense and government entities to procure secure, NDAA-compliant drone components.

ORLANDO, FLORIDA / ACCESS Newswire / January 17, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leading innovator in drone technology with a current focus on U.S. based manufacturing and marketing of drone parts is pleased to announce the release of the Rotor Riot Brave 55A ESC and its addition to the Blue UAS Framework . This product addresses the critical need for non-Chinese, NDAA-compliant components in the U.S. drone industry. Unusual machines now has two drone components placed on the Blue UAS Framework .

Rotor Riot Brave 55A ESC

The Blue UAS Framework is a program established by the Defense Innovation Unit (DIU) to provide the Department of Defense and other government entities with trusted, secure drone components that meet rigorous cybersecurity, performance, and regulatory standards. Products listed on the framework ensure compliance with federal requirements, such as the National Defense Authorization Act (NDAA), reducing risks associated with foreign-made or unverified components. Inclusion in the Blue UAS Framework underscores Unusual Machines' commitment to supplying reliable solutions for government and defense applications.

The Rotor Riot Brave 55A ESC is a 4-in-1 electronic speed controller designed to work seamlessly with flight controllers such as the Rotor Riot Brave F7 . Built with 32-bit processors, the Brave 55A ESC efficiently sends current to Brushless DC Electric motors. The ESC is designed to meet the demands of high-performance drones requiring high motor output for high-speed flight and acrobatics. This product is manufactured in the USA and compliant with NDAA requirements.

"This product expands the market created by the Brave F7 flight controller and furthers our commitment to producing high-quality NDAA-compliant components at competitive prices," said Allan Evans, CEO of Unusual Machines. "The addition of the Brave 55A ESC further establishes us as a trusted partner for the U.S. drone industry."

The Brave 55A ESC will be available for retail sale through the Rotor Riot store , with shipping beginning in March . Enterprise customers can place volume purchase pre-orders by contacting purchasing@rotorriot.com .

Unusual Machines continues to support the American drone industry by prioritizing domestic manufacturing and compliance with evolving regulatory requirements.

About Unusual Machines

Unusual Machines recently initiated U.S.-based manufacturing and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot e-commerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032.

For more information, visit Unusual Machines at https://www.unusualmachines.com .

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including our development of a manufacturing business and becoming a leading provider of U.S.drone parts. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The results expected by some or all of these forward-looking statements may not occur. Factors that affect our ability to achieve these results include our ability to manufacture and sell U.S. made drone parts and compete with sale of non-Chinese made drone parts, our ability to expedite the development and deployment of these critical FPV components the impact of the economy on our B2C market including future inflation and a possible recession, the continuation of the wars in Ukraine, and the Middle East, governmental delays, the impact of future U.S. trade policy, any possible U.S. government action taken as a result of the recent surge of drones in New Jersey and elsewhere, and the Risk Factors contained in our with the Securities and Exchange Commission on December 17, 2024. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether because of new information, future developments or otherwise, except as may be required by law.

Contact

CS Investor Relations
917-633-8980
investors@unusualmachines.com

SOURCE : Unusual Machines, Inc.

Expert bullish on market rally: 'I like it'

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Leishen Energy Holding Co., Ltd. Announces Closing of $5,500,000 Initial Public Offering

Fri, 20 Dec 2024 18:30:03 GMT

Leishen Energy Holding Co., Ltd. (Nasdaq: LSE) has successfully closed its initial public offering, raising $5.5 million by issuing 1,375,000 ordinary shares at $4.00 each.

Beijing, China, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Leishen Energy Holding Co., Ltd. (the “Company” or “Leishen Energy”) (Nasdaq: LSE), a China-based provider of clean-energy equipment and integrated solutions for the oil and gas industry, today announced the closing of its initial public offering (the “Offering”) of 1,375,000 ordinary shares (“Shares”) at a public offering price of $4.00 per Share. The Shares began trading on the Nasdaq Capital Market on December 19, 2024, under the ticker symbol “LSE”.

The Company received aggregate gross proceeds of $5,500,000 from this Offering, before deducting underwriting discounts and commissions and offering expenses payable by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 206,250 Shares at the public offering price, less the underwriting discount.

The Company intends to use the net proceeds of the Offering for the construction of a high-tech manufacturing industrial park in the Nanjing Lishui High-tech Development Zone, PRC, for the establishment of its smart manufacturing and new energy R&D center, for the purchase of business equipment and other patented technologies, to strengthen and expand our presence in the PRC Southwest oil and gas market, and to bolster its working capital.

The offering was conducted on a firm commitment basis. Dominari Securities LLC acted as lead underwriter and Revere Securities LLC as co-underwriter (collectively, the “underwriters”) for the Offering. Sichenzia Ross Ference Carmel LLP acted as U.S. counsel to the Company for the Offering, and VCL Law LLP acted as counsel to the underwriters in connection with the Offering.

The Shares described above are offered by the Company pursuant to a registration statement on Form F-1, as amended (File Number: 333-282433), that was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 18, 2024. The Offering was made only by means of a prospectus, forming a part of the effective registration statement. A copy of the final prospectus relating to the Offering may be obtained from Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor New York, NY 10022, Attention: Eric Newman, or by calling (212) 393-4500 or emailing info@dominarisecurities.com or by logging on to the SEC’s website at www.sec.gov .

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offers, solicitations or sales would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Any offers, solicitations, or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Leishen Energy Holding Co., Ltd.

The Leishen Group was founded in 2007 and is a China-based provider of clean-energy equipment and integrated solutions for the oil and gas industry, with a commitment to providing customers with high-performance, safe and cost-effective energy solutions. Our major lines of business include (i) sale of clean-energy industry; (ii) new energy production and operation; (iii) digitalization and integration equipment; and (iv) oil and gas engineering technical services. At present, the Group holds more than 70 patents and software copyrights, forming a comprehensive ecosystem of core technical capabilities. Currently, our business operations have expanded beyond the PRC to Central Asia, and Southeast Asia, and our service abilities and quality have been widely recognized and praised by foreign customers. Efficient, safe and energy-saving equipment combined with professional technical services have enabled our brand to gain positive attention and recognition from our customers and enabled us to become a well-known equipment and services provider in the oil and gas industry. For more information, please visit the Company’s website: www.r-egroup.com .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s share offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

Leishen Energy Holding Co., Ltd.

Investor Relations Department

Email: ir@r-egroup.com

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Jupiter Neurosciences, Inc. Announces Closing of $11 million Initial Public Offering

Wed, 04 Dec 2024 18:38:16 GMT

Jupiter Neurosciences, Inc. (Nasdaq: JUNS) has closed its $11 million initial public offering, issuing 2,750,000 shares at $4.00 per share.

Jupiter, Florida, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Jupiter Neurosciences, Inc. (Nasdaq: JUNS) (the “Company” or “Jupiter Neurosciences”), a clinical stage pharmaceutical company advancing a pipeline targeting neuroinflammation with its unique resveratrol platform product, JOTROL™, today announced the closing of its initial public offering of 2,750,000 shares of common stock at a price of $4.00 per share for gross proceeds of $11 million, before deducting underwriting discounts and other related expenses.

The Company’s shares began trading on the Nasdaq Capital Market on December 3, 2024 under the symbol “JUNS.”

The Company intends to use the net proceeds from the Offering to fund the Phase II clinical trial of its product candidate JOTROL™ in patients with Parkinson’s Disease, Strategic Service Agreements to accelerate business activities in South-East Asia, research and development activities regarding evaluation of new product opportunities, payment of the outstanding annual license fees due to Aquanova AG, the repayment of debt, working capital and other general corporate purposes.

Dominari Securities LLC acted as the lead underwriter, with Revere Securities LLC acting as the co-manager for the offering.

Anthony, Linder & Cacomanolis, PLLC acted as legal counsel to Jupiter Neurosciences and ArentFox Schiff LLP acted as legal counsel to the Underwriters in connection with the offering.

The Company’s Registration Statement on Form S-1 (File No. 333- 260183) relating to the securities being offered was previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on November 8, 2024. The offering was made by means of a prospectus, forming part of the Registration Statement. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov . Alternatively, copies of the prospectus relating to the offering may be obtained, when available, 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, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350.

About Jupiter Neurosciences, Inc.

Jupiter Neurosciences, Inc. is a clinical-stage pharmaceutical company focused on treating neuroinflammation, with a current focus on CNS disorders and rare diseases. The Company’s platform product, JOTROL™, is an enhanced orally administered resveratrol formulation designed and intended to deliver therapeutically relevant, safe levels of resveratrol. The Company’s pipeline is focused broadly on CNS disorder and includes indications such as Alzheimer’s Disease, Parkinson’s Disease, Mucopolysaccharidoses Type I, Friedreich’s Ataxia, and MELAS. More information may be found on the Company’s website www.jupiterneurosciences.com .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations, including the use of proceeds from the Offering. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports it files with the SEC before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

Contacts

Investor Relations
Alison Silva, President & CBO
a.silva@jupiterneurosciences.com

'Important' to rely on American drone makers rather than Chinese companies: Kyle Wool

Tue, 03 Dec 2024 18:45:36 GMT

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Sadot Group Inc. Completes Strategic $3.0 Million Capital Raise

Tue, 03 Dec 2024 18:43:43 GMT

Sadot Group Inc. has completed a $3.0 million strategic capital raise via a 12-month convertible note, convertible into shares at $4.10 each with no warrant coverage.

BURLESON, TX / ACCESSWIRE / December 3, 2024 / Sadot Group Inc. (NASDAQ:SDOT) ("Sadot" or the "Company"), today announced the pricing of a strategic $3.0 million capital raise through a convertible 12-month note. The note is convertible into shares of common stock at a fixed purchase price of $4.10 per share, with no warrant coverage. The Company plans to use the proceeds for general business expenses and growth initiatives, including recent expansions into Canada and Brazil, and potential farming operations in Indonesia.

"This financing is consistent with our long-term strategy to capitalize on the Company's growth strategy. With this financing we will be able to extend our financial runway to grow the company in a minimally dilutive manner," said Michael Roper, CEO of Sadot Group.

RBW Capital Partners LLC, offering all securities through Dominari Securities LLC, served as the exclusive placement agent for the offering.

About Sadot Group Inc.

Sadot Group Inc. ("Sadot Group") has rapidly established itself as an emerging player in the global food supply chain industry. Sadot Group provides innovative and sustainable supply chain solutions that address the world's growing food security challenges.

Sadot Group currently operates within key verticals of the global food supply chain including global agri-commodity origination and trading operations for food/feed products such as soybean meal, wheat and corn, and farm operations producing grains and tree crops in Southern Africa.

Sadot Group connects producers and consumers across the globe, sourcing agri-commodity products from producing geographies such as the Americas, Africa and the Black Sea and delivering to markets in Southeast Asia, China and the Middle East/North Africa region.

Sadot Group is headquartered in Fort Worth, Texas with subsidiary operations in Miami, Dubai, Sao Paulo, Singapore, Kyiv, Toronto and Zambia. For more information, please visit www.sadotgroupinc.com .

For additional updates, news and general knowledge related to the global agri-commodity supply-chain, please visit our website at: www.sadotgroupinc.com and our social media postings on Facebook and X (Twitter)

The securities described above were sold in a private placement and have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the "SEC") or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. Pursuant to a registration rights agreement with the investors, the Company has agreed to file one or more registration statements with the SEC covering the resale of the common stock issuable upon conversion of the Notes.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release may include "forward-looking statements" pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products, or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as "should", "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes." Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in documents that we file from time to time with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Sadot Group, Inc., does not undertake any duty to update any forward-looking statements except as may be required by law.

Investor Relations

Frank Pogubila
SVP, Integrous Communications
W - 951.946.5288
E - IR@sadotco.com

SOURCE : Sadot Group Inc.

Market expert reveals why these small modular reactor stocks are 'exciting'

Fri, 29 Nov 2024 18:49:35 GMT

Dominari Financial CEO Kyle Wool discusses his top stock picks for nuclear energy on 'Varney & Co.'

Where U.S. markets lie ahead of Thanksgiving with Kyle Wool, CEO of Dominari Securities

Wed, 27 Nov 2024 18:51:14 GMT

Kyle Wool, CEO of Dominari Securities, analyzes the Dow and S&P 500 closing at record highs following November’s Fed minutes report. Wool explores the key takeaways from the report and their implications for market performance.

Data Centers – The Future of AI Infrastructure

Thu, 21 Nov 2024 21:51:56 GMT

Kyle M. Woo l CEO, Dominari Securities

Christopher R. Schiavello VP, Investment Banking & ECM

Traditional data centers began as privately owned facilities to house IT infrastructure – servers, storage systems and networking equipment - for the exclusive use by one company. The centers support the centralization of computer processing power and the storage and distribution of data across an enterprise. They are engineered for high-speed connectivity, energy efficiency and scalability and are absolutely critical for enabling digital operations. As a follow-up to our previous article on Artificial Intelligence (AI), we want to take a deeper dive into the opportunities ahead for this growing sector of the global market.

Global reliance on cloud computing and proliferation of AI applications is driving explosive growth in demand for more data centers

AI workloads require significant computational power and more specialized data centers that are designed and optimized specifically for AI applications. In terms of magnitude, (1) it is predicted that by 2030, data centers will use 8% of the power in the United States. U.S. utilities companies will need to invest up to $50 billion in power assets and infrastructure to support the expected increase in the number and magnitude of data centers. “AI compute” requires exponentially more computational resources to perform tasks.

Big tech leading the charge in data center development

Big tech companies, including Microsoft, Amazon, Google and Meta, are investing billions to expand their cloud and AI capabilities while chipmakers such as NVIDIA and AMD are playing a pivotal role in producing the AI-specific hardware that powers new data center facilities. (2) Microsoft, which has invested billions in OpenAI, has spent more than $10 billion in past quarters on cloud-computing capacity and is planning to double its data center capacity.

(3) Elon Musk, through his AI company xAI, is a recent notable player. He is building the largest supercomputer located in Memphis, Tennessee, to support xAI’s ambitions. He plans to acquire 100,000 NVIDIA chips, part of an initiative backed by a $6 billion funding round at a $50 billion valuation. AI investments in privately held companies like xAI are available from some investment banks, like Dominari Securities.

AI data center development is a focus of U.S. public policy

The White House created its ‘Task Force on AI Data Center Infrastructure’ to prioritize AI data center development as a matter of national security and economic interest. CEOs of the biggest data center operators and tech firm - CoreWeave, QTS, Google, AWS, Meta, Microsoft, NVIDIA, OpenAI and Anthropic – along with utility industry leaders to advance data center development and help ensure that the U.S. maintains its competitive edge in AI infrastructure.

AI data center market is a multi-billion-dollar opportunity

According to McKinsey & Company, the data center industry is projected to grow at a compound annual growth rate (CAGR) of 10% through 2030 with global spending on new data center construction expected to reach $49 billion annually by the end of the decade.

In North America, data center inventory (4) grew by 24.4% year-over-year in Q1 2024, driven by demand from AI and cloud services. Data centers are the backbone of the AI revolution, providing the infrastructure needed to power innovation across industries. With billions of dollars in investments, rising demand and exponential AI growth, data centers represent a high-growth opportunity for forward-looking investors. Ensuring sufficient infrastructure to support the growth of AI companies will be critical in the years ahead.

For more information about AI investments or other opportunities, please contact info@dominarisecurities.com and a registered representative will follow up with you.

Disclosures

My family and I individually own AAPL, CEG, CLS, CRDO, MSFT, NVDA, OKLO, SMCI, SMR, TSLA, VRT and VST in the public market. My family and I individually own Cerebras Systems, Groq, SpaceX and xAI in the private market via Dominari Master Series SPV’s Dominari Holdings, the parent company of Dominari Securities, owns Cerebras Systems, Groq, and xAI in the private market via Dominari Master Series SPV’s.

Kyle Wool is a registered representative of Dominari Securities, LLC (DS), a registered broker-dealer that does not provide tax or legal advice. Nothing contained herein is investment advice and a reference to a particular investment or security, a credit rating or any observation concerning a security or investment provided by Dominari Securities is not a recommendation to buy, sell or hold such investment or security or make any other investment decisions.

The material presented herein is for informational use only by agents of existing and prospective customers of the presenting representative and does not reflect the views of DS management. This information may not be duplicated or redistributed without prior consent of DS and distribution, or publication of this material does not represent a solicitation to complete a financial transaction with the firm. Though information was prepared from sources believed reliable, DS does not guarantee its accuracy or completeness. Securities offered by DS (1) are not insured by the FDIC (Federal Deposit Insurance Corporation) or by any other federal government agency; (2) are not bank deposits; (3) are not guaranteed by any bank or bank affiliate; and (4) may lose value. DS is located at 725 Fifth Avenue, New York, NY 10022, (212) 393-4500. Past performance is no guarantee of future results.

The suitability of products mentioned herein must be determined on an individual basis. Not all products are suitable for all investors. Additional investor education is available through: FINRA (Financial Industry Regulatory Authority) at www.finra.org; Securities Industry and Financial Markets Association (SIFMA) at www.sifma.org; and Municipal Securities Rulemaking Board (MSRB) at www.msrb.org, EMMA (Electronic Municipal Market Access) System at www.emma.msrb.org, or DIVER Advisor at http://lumesis.com/our-solutions/diver-advisor/#.

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

service@cathaysecurities.com

SOURCE: Dominari Holdings Inc.

AI stock poised to perform better under Trump administration: Dominari Financial CEO

Fri, 15 Nov 2024 19:17:06 GMT

Dominari Financial CEO Kyle Wool shares his outlook on AI stocks during a second Trump term on FOX Business' 'Varney & Co.'

Musk's SpaceX preparing to launch tender offer in Dec at $135/share, sources say

Fri, 15 Nov 2024 19:15:19 GMT

Elon Musk’s SpaceX is preparing a tender offer in December to allow the sale of existing shares at $135 per share, a move that would place the company’s valuation at over $250 billion, according to a Reuters report citing the Financial Times.

Nov 15 (Reuters) - Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, two sources familiar with the matter said.

The tender offer would value SpaceX at more than $250 billion, according to the sources.

SpaceX did not immediately respond to a Reuters request for comment.

Musk, the world's richest person, is expected to wield significant influence in Washington to secure favorable government treatment for his companies, including SpaceX, after Donald Trump's victory for a second presidency.

Musk's dream of transporting humans to Mars could also become a bigger national priority under Trump, Reuters reported earlier this month.

NASA's Artemis program, which aims to use SpaceX's Starship rocket to put humans on the moon as a proving ground for later Mars missions, is expected to focus more on the Red Planet under Trump and target uncrewed missions there this decade.

Under Trump, SpaceX is also expected to push for even softer regulations on worker safety and safety of participants in private space flights in orbit.

A Reuters investigation last year documented at least 600 worker injuries at SpaceX facilities across the U.S., and how SpaceX disregarded safety regulations and standard practices.

Financial Times first reported on the development on Friday.

Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Fri, 15 Nov 2024 18:56:49 GMT

Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber.

The funding, which should close early next week, is a combination of $5 billion expected from sovereign funds in the Middle East and $1 billion from other investors, sources said.

The money will likely be used to acquire 100,000 Nvidia chips.

Elon Musk ’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber.

Sources told Faber that the funding, which should close early next week, is a combination of $5 billion expected from sovereign funds in the Middle East and $1 billion from other investors, some of whom may want to re-up their investments.

The money will be used to acquire 100,000 Nvidia chips, per sources familiar with the situation. Tesla’s Full Self Driving is expected to rely on the new Memphis supercomputer.

Musk’s AI startup, which he announced in July 2023 , seeks to “understand the true nature of the universe,” according to its website. Last November, xAI released a chatbot called Grok, which the company said was modeled after “The Hitchhiker’s Guide to the Galaxy.” The chatbot debuted with two months of training and had real-time knowledge of the internet, the company claimed at the time.

With Grok, xAI aims to directly compete with companies including ChatGPT creator OpenAI, which Musk helped start before a conflict with co-founder Sam Altman led him to depart the project in 2018. It will also be vying with Google’s Bard technology and Anthropic’s Claude chatbot.

Now that Donald Trump is president-elect, Musk is beginning to actively work with the new administration on its approach to AI and tech more broadly, as part of Trump’s inner circle in recent weeks.

Trump plans to repeal President Joe Biden ’s executive order on AI , according to his campaign platform , stating that it “hinders AI Innovation, and imposes Radical Leftwing ideas on the development of this technology” and that “in its place, Republicans support AI Development rooted in Free Speech and Human Flourishing.”

Trump is not going to regulate AI industry with Musk 'sitting next to him,' exec says

Thu, 14 Nov 2024 19:18:12 GMT

Dominari Securities CEO Kyle Wool joins 'Mornings with Maria' to assess Q3 earnings, deregulation under President-elect Trump and his expectations for upcoming economic data.

Invest in anything Elon Musk related: Kyle Wool

Fri, 08 Nov 2024 19:23:07 GMT

Dominari Financial CEO Kyle Wool explains how Wall Street can profit from investing in companies connected to Tesla CEO Elon Musk on 'Varney & Co.'

Unusual Machines Announces Closing of $1.95 Million Private Placement

Wed, 30 Oct 2024 19:30:15 GMT

Unusual Machines, Inc. (NYSE American: UMAC) has closed a $1.95 million private placement, bolstering its financial flexibility without involving warrants.

ORLANDO, FL / ACCESSWIRE / October 30, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the closing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $1,955,000, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for general corporate purposes and working capital.

In connection with the private placement, the Company issued an aggregate of 1,286,184 units at a per unit price of $1.52 per unit. Each unit consists of one share of common stock and one warrant, each exercisable for one share of common stock at an exercise price of $1.99 per share. The warrants are exercisable beginning 180 days after the closing date. The warrants have a term of 5 and a half years from the closing date. The exercise price and number of shares of common stock issuable upon exercise of the warrants are subject to adjustment upon future dilutive issuances and stock splits, as described in more detail in the Current Report on Form 8-K to be filed in connection with the closing of the private placement.

Allan Evans, the Company's Chief Executive Officer and Sanford Rich and Robert Lowry, each a member of the Company's Board of Directors, invested an aggregate of $250,000 in the private placement.

Dominari Securities LLC acted as the exclusive Placement Agent for the private placement. Nason, Yeager, Gerson, Harris & Fumero, P.A served as counsel to the Company. Sichenzia Ross Ference Carmel LLP served as counsel to Dominari.

The securities described above were sold in the private placement and are exempt from the registration requirements of the Securities Act of 1933, as amended (the "Act"), and have not been registered under the Act, or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws. Pursuant to a registration rights agreement with the investor, the Company has agreed to file one or more registration statements with the Securities and Exchange Commission (the "SEC") covering the resale of the common stock sold in the private placement and the common stock issuable upon exercise of the warrants sold in the private placement.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Unusual Machines

Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot e-commerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032.

For more information visit Unusual Machines at https://www.unusualmachines.com/ . The Company's website is not incorporated into this press release.

Contact

CS Investor Relations
917-633-8980
investors@unusualmachines.com

SOURCE : Unusual Machines, Inc.

Unusual Machines Announces Pricing of $1.96 Million Private Placement

Tue, 29 Oct 2024 19:38:00 GMT

Drone and drone components manufacturer Unusual Machines (UMAC) announced the pricing of a private placement with institutional investors, securing approximately $1.96 million in gross cash proceeds.

ORLANDO, FL / ACCESSWIRE / October 29, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the pricing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $1.96 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for general corporate purposes and working capital.

In connection with the private placement, the Company will issue an aggregate of 1,286,300 units at a per unit price of $1.52 per unit. Each unit consists of one share of common stock and one warrant, each exercisable for one share of common stock at an exercise price of $1.99 per share. The warrants are exercisable beginning 180 days after the closing date. The warrants have a term of 5 years from the closing date. The exercise price and number of shares of common stock issuable upon exercise of the warrants are subject to adjustment upon future dilutive issuances and stock splits, subject to a floor, as described in more detail in the Current Report on Form 8-K to be filed in connection with the private placement.

Allan Evans, the Company's Chief Executive Officer and Sanford Rich and Robert Lowry, each a member of the Company's Board of Directors, will invest an aggregate of $250,000 in the private placement on identical terms.

The closing of the private placement is expected to close on October 30, 2024.

Dominari Securities LLC acted as the Exclusive Placement Agent for the private placement. Nason, Yeager, Gerson, Harris & Fumero, P.A served as counsel to the Company. Sichenzia Ross Ference Carmel LLP served as counsel to Dominari.

The securities described above will be sold in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the "Act"), and have not been registered under the Act, or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws. Pursuant to a registration rights agreement with the investor, the Company has agreed to file one or more registration statements with the Securities and Exchange Commission (the "SEC") covering the resale of the common stock to be sold in the private placement and the common stock issuable upon exercise of the warrants to be sold in the private placement.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Unusual Machines

Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot e-commerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032.

For more information visit Unusual Machines at https://www.unusualmachines.com/ .

Contact

CS Investor Relations
917-633-8980
investors@unusualmachines.com

SOURCE: Unusual Machines, Inc.

Elon Musk’s xAI in Talks to Raise Funding Valuing It at $40 Billion

Tue, 29 Oct 2024 19:32:41 GMT

New fundraising effort would substantially increase startup’s valuation from spring

The Next Potential Growth Companies in the AI-Verse

Tue, 29 Oct 2024 19:32:17 GMT

Kyle M. Wool

CEO, Dominari Securities

Over the last 18 months, AI and AI-related stocks have been all the rage on Wall Street. Leading chip maker Nvidia Corporation, for example, has become one of the world’s largest companies, progressing in just a few years from being the darling of the gaming industry to the chip of choice for crypto mining. The speed and power of Nvidia’s chips also enable their use in the exploding business of AI. Nvidia(NVDA) stock is up approximately 2,700% in the last five years ¹ and has increased around 240% in the last year. Similarly, advanced server specialist Super Micro Computer, Inc.(SMCI), which provides AI-enabling hardware for its data centers, is up approximately 2,160% in the last five years and over 86% in the last twelve months. Companies like Nvidia and Super Micro have been massive beneficiaries of the exuberance in AI microchip investors.

So where do investors look to invest in AI outside of NVDA and SMCI?

We believe NVDA and SMCI are still great companies and good investments and mega tech companies like Google, Microsoft, Apple, Amazon and similar companies are certainly worthy investments to consider as we expect they will all play a considerable role in the future of AI.

In this newsletter, we explore other pillars of the AI ecosystem and identify emerging prospects that we believe are worthy of consideration. Within the sector, we break the opportunities down by the following categories: chips, data centers and clean energy. But first, we need a basic understanding of the major aspects of AI.

First, the AI chip race, the ever-increasing demand, the need for improvement and who is reimagining them.

Currently, the chips that are powering fast-growing AI companies, such as Open AI, Anthropic, Googles’ Gemini and Elon Musk’s xAI, have largely been repurposed Nvidia and SMCI chips. Both Nvidia and SMCI are rapidly developing faster and more powerful chips, specifically designed for use in AI, consistent with “Moore’s Law,” an axiom coined in the mid-1960’s by Gordon Moore, co-founder of Intel. Based on Moore’s Law, a guiding principle of the semiconductor industry for close to 60 years ² , the computing power of a microchip should double every two years due to miniaturization of the microchip and the increasing number of transistors than can be added and stacked to generate more computing power. However, a microchip can only be decreased in size to a certain point, due to physical constraints at the atomic level. There is a common belief in the industry that Moore’s Law is giving way to a complete reimagination of the microchip.

Jensen Huang, CEO of Nvidia, envisions redesigning microchip structure entirely and possibly incorporating the use of nanotechnology on even the subatomic level. There are several new startups that have become unicorns in rethinking the fundamental design and limits of the AI microchip. One of these unicorns is Cerebras Systems. Cerebras is reimagining the microchip in a different direction, having instead developed a large integrated wafer, the size of a frisbee, with the transistors and memory fully integrated into one wafer. Several reports state that its integrated wafer is 20 times faster than Nvidia’s top performing microchip. Due to its vast power and speed, we believe Cerebras’s wafer has immense potential for use in large data centers, government super computers and university settings. When Cerebras CEO Andy Feldman was asked what percentage of Nvidia’s market share his company is going after, he responded, “All of it.” With Citibank and Barclays as its lead underwriters, Cerebras has filed a registration statement for an initial public offering and intends to list its common stock on the Nasdaq Global Market. The IPO and stock listing is valued at $7 to $8 billion and is expected this year ³ .

Groq is another unicorn focused on reimagining the approach to AI ⁴ . Within the AI space, approximately 75% of computing power and investment dollars have been centered on data upload to generative AI, which basically consists of “teaching” the AI what it needs to know. Groq’s founders believe that, by 2027, the importance of data upload will give way to how the AI devices interact with users and with each other, such that 75% of the computing power and investment dollars will shift focus to the latter. So Groq is taking a different approach and has developed a chip and a language module focusing on the interface between users and AI, whether it is a virtual personal assistant or, as Elon Musk envisions, your personal robot, a “C-3PO” in every house. Consistent with Groq’s approach, Musk stated at Tesla’s annual shareholder meeting that he envisions a scenario where its Optimus robot (his “C-3PO”) could become the biggest part of Tesla’s business, propelling it to a $20 trillion market cap from Optimus alone ⁵ . No doubt the AI user interface will be essential to accelerating adoption of virtual personal assistants or humanoid robots like Optimus.

Second, the technology needed to run massive AI data centers.

Data centers are all the rage today. Big tech giants like Amazon, Google, Apple and Microsoft are building out massive data centers globally. These data centers are enormous in terms of square footage, with some as large as three combined football fields. The companies that are positioned to benefit the most from the data center gold rush are the manufacturers of “the picks and shovels” within the data center construction space, just like in the Gold Rush of 1849. These include technology relating to power, cooling, memory, monitoring, repair, circuit construction and the like. Three companies that we believe have already benefitted and will continue to benefit from this massive need are Vertiv Holdings (VRT), Celestica Inc. (CLS) and Credo Technology Group (CRDO).

Vertiv (VRT) is a leader in the electrification of data center space. Through its subsidiaries, VRT provides DC power systems, heat rejection, power transfer systems, monitoring equipment, power control and holistic data system cooling solutions. Over the last five years, VRT stock has been up over 990% and 200% in the last year.

Celestica (CLS) designs and manufactures electronic components with the goal of optimizing the supply chain. It designs and manufactures electronic components for prototyping, printed circuit assembly, full system assembly, power converters, memory packages and repair services. CLS stock has been up about 900% over the last five years and 174% in the last year.

Credo (CRDO) provides connectivity solutions. Its solutions include IP and chiplets, line cards, optical DSP’s and active electrical cables. CRDO stock has been up over 290% over the last five years and up 175% in the last year.

We are in the early innings of the data center gold rush, and these companies have a massive number of picks and shovels to sell to an ever-expanding data center market.

Third, the immense demand for clean energy to power AI technologies.

Over the last decade, giant tech companies have all stated their commitment to lowering their carbon footprint and cutting CO2 emissions. These are noble ambitions, but currently, alternative power sources such as solar, wind and hydro power produce nowhere near the level of power needed to operate massive data centers. The obvious alternative in our opinion is nuclear power. In just the last few weeks, three tech giants have made major announcements regarding their plans for using nuclear power. For example, Microsoft recently signed a 20-year power purchase agreement with Constellation Energy Corporation that will pave the way for the launch of a clean energy center to power Microsoft data centers and restart Three Mile Island Unit 1 ⁶ . Under the agreement, Microsoft will purchase all the energy from the renewed plant as part of its goal to use carbon-free energy. Similarly, Google announced a new nuclear clean energy agreement with Kairos Power for the development of Small Modular Nuclear reactors (SMR’s) on site, to directly power the data center. Amazon also recently announced investments and partnership with U.S. energy companies, such as Energy Northwest, a public power agency leading the development of next-generation nuclear technologies ⁷ , and Dominion Energy, a regulated electricity service provider, the largest producer of carbon-free electricity in New England and one of the nation’s leading developers and operators of regulated offshore wind and solar power. Amazon is also purchasing a stake in X-Energy to pursue SMR’s, as are Citadel LLC CEO Ken Griffin and the University of Michigan.

How do our investors take advantage of this trend in nuclear technology?

Two public companies that own and operate nuclear reactors are Constellation Energy Corporation (CEG) and Vistra Corp. (VST). Constellation is the nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services to customers across the continental United States, including three-fourths of the Fortune 100 companies. CEG stock has been up around 530% in the last five years and about 135% in the last year. Vistra is a leading integrated power generation company that generates energy via nuclear power and traditional sources. VST stock is up around 357% in the last five years and over 275% in the last year.

Currently, there are not many ways to invest directly in SMR’s, such as Karios and X-Energy, without the help of a firm like Dominari Securities, as those companies are privately-held. However, there are two SMR manufacturers that are publicly traded. One is Oklo, Inc. (OKLO) , whose chairman is OpenAI CEO Sam Altman. On May 10, 2024, Oklo merged with AltC Acquisition Corp., Mr. Altman’s SPAC , and OKLO began trading on the New York Stock Exchange. Since then, OKLO stock has increased about 125%. Another name we find interesting is NuScale Power Corporation (SMR) , an industry-leading provider of proprietary and innovative advanced SMR technology. NuScale’s stock is up 85% over the last five years, but more importantly, it is up around 425% just in the last year. We believe that the industry is in the very early stages of a massive build out by both the traditional nuclear operators and the new SMR’s, which are expected to be funded by big tech and backed by the U.S. government. In our estimation, these developments in the nuclear power market mirror

the jump two decades ago by Elon Musk and SpaceX into the space race with private sector sensibilities to revolutionize and

propel a dying space industry to new heights unimaginable.

Investment in AI shows more promise that ever before.

As discussed, we believe several fi elds of the AI development industry present exciting and alternative investment potential, from new and exciting micro chip designs to mega data centers, to nuclear technologies to power them. Twenty years ago, Amazon, Google and others were just brash start-ups. Now, Amazon and Google are two of the largest companies on earth. It would not surprise us in the least if some of the AI unicorns we are looking at today follow in those same footsteps to become the next tech giants.

One of the privately held AI companies we are watching closely is Sam Altman’s OpenAI, in which Microsoft is a substantial investor, with a $157 billion dollar valuation as of its last round. Another is Anthropic, a generative AI company with a $4 billion investment from Amazon and $2 billion investment from Google. Anthropic’s most recent valuation is estimated at $40 billion dollars. Another is Elon Musk’s newly launched xAI, which has already raised $6 billion and has a current estimated valuation of $24 billion. When it comes to AI, we would not bet against the man who created the electric car and the re-usable starship.

We are excited to see which of these companies go public next. We are hopeful that the imminent IPO of Cerebras will be just the beginning of a series of AI and AI-related unicorn IPO’s and M&A activity from the current big tech giants in the AI space.

Kind regards,

Kyle M. Wool

Dominari Securities, Chief Executive Officer

Disclosures: My family owns and I individually own AAPL, CEG, CLS, CRDO, MSFT, NVDA, OKLO, SMCI, SMR, TSLA, VRT and VST in the public market. My family owns and I individually own Cerebras Systems, Groq, SpaceX and xAI in the private market via Dominari Master Series SPV’s Dominari Holdings, the parent company of Dominari Securities, owns Cerebras Systems, Groq, and xAI in the private market via Dominari Master Series SPV’s.

If any accredited investor is interested in participating in a Dominari Master Series SPV’s to purchase pre-IPO Unicorns , please contact info@dominarisecurities.com and a registered representative will follow up with you.

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New York, NY 10022

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info@dominarisecurities.com

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Disclosures

1. All changes in stock prices noted herein are approximate as of the date of this newsletter.

2. https://www.intel.com/content/www/us/en/newsroom/resources/moores-law.html

3. https://cerebras.ai/press-release/cerebras-systems-announces-filing-of-registration-statement-for-proposed-initial-public-offering

4. https://www.linqto.com/unicorn-news/groq-unicorn-news-groq-ceo-outlines-ai-chip-market-strategy/

5. https://www.teslarati.com/tesla-2024-annual-shareholder-meeting-transcript/

6. https://www.constellationenergy.com/newsroom/2024/Constellation-to-Launch-Crane-Clean-Energy-Center-Restoring-Jobs-and-Carbon-Free-Power-to-The-Grid.html

7. https://www.energy-northwest.com/whoweare/news-and-info/Pages/Amazon-and-Energy-Northwest-announce-plans-to-develop--advanced-nuclear-technology-in-Washington.aspx

This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The strategies and or investments discussed in this material may not be suitable for all investors. Past performance is not indicative of future results. Investors are encouraged to independently evaluate particular investments and strategies. Read full disclosure at www.dominarisecurities.com/disclosure . Contact us at info@dominarisecurities.com .

US tech stocks are in the early days of a data center gold rush: Kyle Wool

Mon, 28 Oct 2024 20:00:45 GMT

Dominari Financial CEO Kyle Wool discusses expectations for this week's Big Tech earnings reports on 'Varney & Co.'

DBGI Announces Pricing of $3 Million Public Offering of Common Stock and/or Pre-Funded Warrants

Mon, 28 Oct 2024 19:55:02 GMT

The company is offering a total of 30 million shares/warrants at a public price of $0.10 per share.

Austin, TX, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, announces the pricing of its public offering of an aggregate of 30 million shares of common stock and/or pre-funded warrants to purchase common stock at a public offering price of $0.10 per share (minus $0.0001 per pre-funded warrant). The gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be $3 million. DBG intends to use the net proceeds of the offering for working capital, general corporate purposes, and the repayment of debt.

RBW Capital Partners LLC, acting through Dominari Securities LLC (the “Placement Agent”), is acting as the exclusive placement agent for the offering.

Anthony Linder Cacomanolis PLLC is acting as legal counsel to Digital Brands Group, Inc. and Sichenzia Ross Ference Carmel LLP is acting as legal counsel to the Placement Agent.

The offering is expected to close on October 30, 2024, subject to customary closing conditions. The offering is being conducted pursuant to the Company’s registration statement on Form S-1, as amended (File No. 333-282047), initially filed with the Securities and Exchange Commission (the “SEC”) on October 24, 2024, and subsequently declared effective by the SEC on October 28, 2024. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at https://www.sec.gov/ . Copies of the final prospectus relating to this offering may be obtained from Dominari Securities LLC at 725 Fifth Avenue, 23rd Floor, New York, NY 10022, or the email address info@dominarisecurities.com .

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Digital Brands Group

We offer a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. We focus on owning the customer's "closet share" by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort.

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 and other federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting DBG and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as “will,” “anticipate,” “estimate,” “expect,” “should,” and “may” and other words and terms of similar meaning or use of future dates, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding DBG’s plans, objectives, projections and expectations relating to DBG’s operations or financial performance, and assumptions related thereto are forward-looking statements. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. DBG undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of DBG to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: risks arising from the widespread outbreak of an illness or any other communicable disease, or any other public health crisis, including the coronavirus (COVID-19) global pandemic; the level of consumer demand for apparel and accessories; disruption to DBGs distribution system; the financial strength of DBG’s customers; fluctuations in the price, availability and quality of raw materials and contracted products; disruption and volatility in the global capital and credit markets; DBG’s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; intense competition from online retailers; manufacturing and product innovation; increasing pressure on margins; DBG’s ability to implement its business strategy; DBG’s ability to grow its wholesale and direct-to-consumer businesses; retail industry changes and challenges; DBG’s and its vendors’ ability to maintain the strength and security of information technology systems; the risk that DBG’s facilities and systems and those of our third-party service providers may be vulnerable to and unable to anticipate or detect data security breaches and data or financial loss; DBG’s ability to properly collect, use, manage and secure consumer and employee data; stability of DBG’s manufacturing facilities and foreign suppliers; continued use by DBG’s suppliers of ethical business practices; DBG’s ability to accurately forecast demand for products; continuity of members of DBG’s management; DBG’s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; DBG’s ability to execute and integrate acquisitions; changes in tax laws and liabilities; legal, regulatory, political and economic risks; adverse or unexpected weather conditions; DBG's indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent DBG from fulfilling its financial obligations; and climate change and increased focus on sustainability issues. More information on potential factors that could affect DBG’s financial results is included from time to time in DBG’s public reports filed with the SEC, including DBG’s Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q, and Forms 8-K filed or furnished with the SEC.

Digital Brands Group, Inc. Company Contact

Hil Davis, CEO
Email: invest@digitalbrandsgroup.co
Phone: (800) 593-1047

SOURCE Digital Brands Group, Inc.

Earnings focus and AI stock volatility with Kyle Wool, CEO Dominari Securities

Thu, 24 Oct 2024 20:07:01 GMT

Kyle Wool, CEO of Dominari Securities, explores the current focus on earnings and the volatility of AI stocks. Wool dives into how recent earnings reports are affecting market sentiment and why AI stocks are experiencing heightened volatility. He also shares insights on what investors should watch for as AI continues to evolve in the stock market.

SAG HOLDINGS LIMITED ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING

Thu, 24 Oct 2024 20:04:52 GMT

SAG Holdings Limited (Nasdaq: SAG), a Singapore-based provider of motor vehicle and non-vehicle engine replacement parts, announced the closing of its Initial Public Offering (IPO).

SINGAPORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- SAG Holdings Limited (“SAG Holdings” or the “Company”), (Nasdaq: SAG), a Singapore-based provider of high-quality Original Equipment Manufacturer (“OEM”), third-party branded and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, announced today the closing of its initial public offering (the “Offering”) of 875,000 ordinary shares at a price of $8.00 per share to the public, for a total of US$7,000,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses.

The ordinary shares began trading on the Nasdaq Capital Market on October 23, 2024, under the symbol “SAG.”

Wilson-Davis & Co., Inc. is the lead underwriter of the Offering. TroyGould PC is acting as U.S. counsel to the Company.

The Offering was conducted pursuant to the Company’s registration statement on Form F-1, as amended (File No. 333-267771) relating to the Offering, which was filed with the Securities and Exchange Commission (the “SEC”) and was declared effective by the SEC on September 30, 2024. The Offering was made by means of a prospectus, forming part of the registration statement. Copies of the final prospectus related to the Offering may be obtained, when available, from Wilson-Davis & Co., Inc., 236 South Main Street, Salt Lake City, UT 84101, or by email at syndicate@wdco.com , or by telephone at (801) 532-1313. In addition, a copy of the final prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov .

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About SAG Holdings

SAG Holdings is a leading Singapore-based distributor dedicated to supplying high-quality spare parts across a wide range of industries.

On-Highway Division: We provide an extensive range of genuine OEM and aftermarket parts for passenger vehicles, trucks, and buses. Our offerings include parts from manufacturers' brands, trusted third-party labels, and our in-house brands.

Off-Highway Division: Catering to industries like construction, marine, power generation, mining, and transportation, we offer specialized spare parts focusing on filtration systems, lubricants, batteries, and internal combustion engine components.

Our unwavering commitment to quality ensures customers experience maximum uptime, enhanced performance, and reduced total cost of ownership throughout the lifecycle of their machines. For more information, visit https://www.sag.sg .

Safe Harbor Statement

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and SAG Holdings Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations Contact:

Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

Nuclear energy is the answer to powering AI data centers: Kyle Wool

Wed, 16 Oct 2024 20:13:10 GMT

Dominari Financial CEO Kyle Wool gives his best A.I. stock picks that aren't Nvidia on 'Varney & Co.'

Samfine Creation Holdings Group Limited Announced Closing of Initial Public Offering

Wed, 16 Oct 2024 20:11:36 GMT

Samfine Creation Holdings Group Limited (SFHG), a one-stop printing service provider, announced the closing of its Initial Public Offering (IPO)

Hong Kong, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Samfine Creation Holdings Group Limited (Nasdaq: SFHG) (the “Company”), a one-stop printing service provider, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares (“Ordinary Shares”) at a price of $4.00 per share (the “Offering Price”). The Ordinary Shares began trading on the Nasdaq Capital Market on October 15, 2024 under the symbol “SFHG.”

The aggregate gross proceeds from the Offering were $8.0 million, before deducting underwriting discounts and other related expenses. The Company intends to use the net proceeds for strengthening of its operating subsidiaries’ printing business in Hong Kong and expanding market presence in other international markets in particular the U.S., for purchasing machinery and improving and upgrading its operating subsidiaries’ production equipment to enhance level of automation, and for additional working capital and other general corporate purposes.

In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the Offering Price, less underwriting discounts.

The Offering was conducted on a firm commitment basis. Cathay Securities, Inc. acted as the representative of the underwriters, and Revere Securities LLC and Dominari Securities LLC acted as co-underwriters (collectively, the “Underwriters”) for the Offering. Hunter Taubman Fischer & Li LLC acted as U.S. legal counsel to the Company and Ortoli Rosenstadt LLP acted as legal counsel to the Underwriters for the Offering.

A registration statement on Form F-1 relating to the Offering has been filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333-275498) and was declared effective by the SEC on September 30, 2024. The Offering was made only by means of a prospectus. A final prospectus relating to the Offering was filed with the SEC on October 15, 2024 and is available on the SEC’s website at www.sec.gov. Alternatively, electronic copies of the final prospectus relating to this Offering may be obtained from Cathay Securities, Inc. by email at service@cathaysecurities.com, by standard mail to Cathay Securities, Inc., 40 Wall Street, Suite 3600, New York, NY 10005, or by telephone at +1 (855) 939-3888; or from Revere Securities LLC by email at contact@reveresecurities.com, by standard mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering.

About Samfine Creation Holdings Group Limited

Samfine Creation Holdings Group Limited is an established one-stop printing service provider which principally provides printing services in Hong Kong and the PRC. With over 20 years of experience in the printing industry, its operating subsidiaries offer a wide range of printed products such as book products and novelty and packaging products. Its operating subsidiaries’ customers principally comprise of book traders located in Hong Kong whose clients are located around the world, mainly in the U.S. and Europe.

For more information, visit the Company’s website at www.1398.com.

Forward-Looking Statements

Contacts

Samfine Creation Holdings Group Limited Investor Relations Contact:

Phone: +852 3589 1500
Email: 888@1398.cn

Star Fashion Culture Holdings Limited Announces Closing of $8.6 Million Initial Public Offering

Tue, 15 Oct 2024 20:23:08 GMT

Star Fashion Culture Holdings Limited announced the closing of its Initial Public Offering (IPO).

Xiamen, China, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Star Fashion Culture Holdings Limited (“Star Fashion” or “the Company”) today announced the closing of its previously announced initial public offering of an aggregate 2,150,000 Class A Ordinary Shares (“the Offering”) at a price of $4.00 per share (“the Offering Price”) to the public, for a total of approximately US$8.6 million of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. The shares began trading on the NASDAQ Capital Market on October 11, 2024, under the symbol “STFS.”

In addition, the Company has granted the Underwriters a 30-day option to purchase up to an additional 322,500 shares of its Class A Ordinary Shares at the initial public offering price (“the Overallotment”), less underwriting discounts and commissions.

Cathay Securities, Inc. (“Cathay”) is the representative for the offering, and WestPark Capital, Inc. (“Westpark”）is an underwriter for the offering. Loeb & Loeb LLP, Jingtian & Gongcheng and Ogier are acting as U.S., China, and Cayman Islands legal counsels to the Company, respectively, and Haneberg Hurlbert PLC is acting as U.S. legal counsel to Cathay for the Offering.

The Offering registration statement is being conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333-280198), as amended, which was declared effective by the U.S. Securities and Exchange Commission (“SEC”) on September 30, 2024. The Offering is being made only by means of a prospectus. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov . Alternatively, electronic copies of the prospectus relating to the Offering may be obtained from:

Cathay Securities, Inc.

40 Wall Street

Suite 3600

New York, NY 10005

(855) 939-3888

In addition, a copy of the final prospectus, when available, relating to the Offering may be obtained via the SEC’s website at www.sec.gov . This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Forward-Looking Statements

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Star Fashion Culture Holdings Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

About Star Fashion Culture Holdings Limited

Star Fashion Culture Holdings Limited (NASDAQ:STFS ) is a content marketing solutions services provider with a mission to offer high-quality diversified services. We offer services focusing on (i) marketing campaign planning and execution; (ii) offline advertising services; and (iii) online precision marketing services. The company assists customers in enhancing the effectiveness of their marketing activities and the value of their brand and products through our variety of services offered.

Contacts

Star Fashion Culture Holdings Limited Investor Relations Contact :

12F, No.611, Sishui Road

Huli District,

Xiamen

People’s Republic of China

Tel: +86 13063138565

Email: hira@xmxing-ji.com

PTL Limited Announces Pricing of $5 million Initial Public Offering and Listing on Nasdaq

Tue, 15 Oct 2024 20:18:10 GMT

PTL Limited (Nasdaq: PTLE), a bunkering facilitator providing marine fuel logistics services in the Asia Pacific market, announced the pricing of its Initial Public Offering (IPO).

Hong Kong, Oct. 15, 2024 (GLOBE NEWSWIRE) -- PTL Limited (Nasdaq: PTLE) (the “Company”), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the pricing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares (the “Ordinary Shares”), at a price of $4.00 per Ordinary Share (the “Offering Price”).

The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on October 16, 2024 under the symbol “PTLE.”The Offering is expected to close on October 17, 2024, subject to the satisfaction of customary closing conditions.

The Company expects to receive aggregate gross proceeds of US$5 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 187,500 Ordinary Shares of the Company, at the Offering Price, representing 15% of the Ordinary Shares sold in the Offering (the “Over-allotment”),.

Assuming that the Over-allotment is exercised, the Company is expected to receive gross proceeds amounting to $5.75 million, before deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds for vessels acquisition, increasing inventory position to secure favorable volume discounts and credit terms, establishing a price hedging mechanism, and other general corporate purposes.

The Offering is conducted on a firm commitment basis. Dominari Securities LLC is acting as the representative of the underwriters, with Revere Securities LLC acting as the co-underwriter (collectively, the “Underwriters”) for the Offering. Ortoli Rosenstadt LLP, Ogier, David Fong & Co. Lawyers and China Commercial Law Firm are acting as U.S., British Virgin Islands, Hong Kong and People’s Republic of China legal counsels to the Company, respectively. J&S Associate PLT is acting as the reporting accountants of the Company. Loeb & Loeb LLP is acting as legal counsel to the Underwriters for the Offering.

The Offering is being conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333-281097) previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 30, 2024. The Offering is being made only by means of a prospectus. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov . Alternatively, copies of the prospectus relating to the Offering may be obtained, when available, 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, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350.

About PTL Limited

Headquartered in Hong Kong, we are an established bunkering facilitator providing marine fuel logistics services for vessel refueling, primarily container ships, bulk carriers, general cargo vessels, and chemical tankers. Targeting and serving the Asia Pacific market, we leverage our close relationships and partnership within our established network in the marine fuel logistic industry, including the upstream suppliers and downstream customers, to provide a one-stop solution for vessel refueling.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations, including the trading of its Ordinary Shares or the closing of the Offering. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports it files with the SEC before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

Contacts

PTL Limited
Investor Relations
Email: info@petrolinkhk.com

Cerebras' IPO will generate a lot of interest, will bolster AI sector: Kyle Wool

Fri, 04 Oct 2024 20:26:07 GMT

Dominari Financial CEO Kyle Wool reacts to the September jobs report and discusses whether chipmaker Cerebras can challenge Nvidia on 'Varney & Co.'

Dominari Securities acted as Lead Underwriter of the Initial Public Offering for Wellchange Holdings Company Limited

Thu, 03 Oct 2024 20:32:35 GMT

Wellchange Holdings Company Limited (Nasdaq: WCT), an enterprise software solution services provider, announced the closing of its Initial Public Offering (IPO).

HONG KONG, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (the “Company” or “Wellchange”) (Nasdaq: WCT), an enterprise software solution services provider headquartered in Hong Kong, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares, par value US$0.00005 per share (the “Ordinary Shares”), 1,100,000 of which are being offered by the Company and 900,000 by a selling shareholder, at a public offering price of US$4.00 per ordinary share. The Ordinary Shares began trading on the Nasdaq Capital Market on October 2, 2024, under the ticker symbol “WCT.”

The Company received aggregate gross proceeds of US$4.4 million from the sale of Ordinary Shares offered by the Company in the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 165,000 ordinary shares at the public offering price, less underwriting discounts. The Company did not receive any proceeds from the sale of Ordinary Shares offered by the Selling Shareholder in the Offering.

Net proceeds from the Offering will be used by the Company for enhancing its service capacity by improving core software technologies and expanding its SaaS platform, marketing and branding efforts through offline and online campaigns, and for international expansion, including establishing operations in the United States and Australia and pursuing strategic mergers, acquisitions, or investments, as well as for general working capital and corporate purposes.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC is acting as the lead underwriter and Revere Securities LLC is acting as co-underwriter for the Offering. Ortoli Rosenstadt LLP is acting as U.S. counsel to the Company, and Hunter Taubman Fischer & Li LLC is acting as U.S. counsel to the underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-276946), as amended, and was declared effective by the SEC on September 30, 2024. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering 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 calling (212) 393-4500. In addition, copies of the final prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov .

About Wellchange Holdings Company Limited

Wellchange Holdings Company Limited is an enterprise software solution services provider headquartered in Hong Kong. The Company conducts all operations in Hong Kong through its operating subsidiary, Wching Tech Ltd Co. The Company provides customized software solutions, cloud-based software-as-a-service (“SaaS”) platforms, and “white-label” software design and development services. The Company’s mission is to empower our customers and users, in particular, small and medium businesses, to accelerate their digital transformation, optimize productivity, improve customer experiences, and enable resource-efficient growth with our low-cost, user-friendly, reliable and integrated all-in-one Enterprise Resource Planning software solutions.

For more information, please visit the Company’s website: https://www.wchingtech.com/

About Wellchange Holdings Company Limited

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports it files with the SEC before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

For investor and media inquiries, please contact:

Wellchange Holdings Company Limited
Shek Kin Pong, CEO
Email: Power@wchingtech.com

Dominari Securities acted as Co-Manager of the Initial Public Offering for ZJK Industrial Co., Ltd.

Tue, 01 Oct 2024 20:39:48 GMT

ZJK Industrial Co., Ltd. (Nasdaq: ZJK), a high-tech enterprise specializing in precision metal parts for new energy vehicles and electronic equipment, announced the closing of its Initial Public Offering (IPO).

Shenzhen, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ZJK Industrial Co., Ltd. (Nasdaq: ZJK) (the “Company”), a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products for new energy vehicles and intelligent electronic equipment, today announced the closing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares at a price to the public of US$5.00 per ordinary share. The ordinary shares commenced trading on The Nasdaq Capital Market on September 30, 2024, under the ticker symbol “ZJK.”

The Company received aggregate gross proceeds of US$6.25 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company granted the underwriters a 30-day option to purchase up to an additional 187,500 ordinary shares at the initial public offering price, less underwriting discounts and commissions.

Net proceeds from the Offering will be used for (i) expanding the Company’s manufacturing facilities, (ii) expanding sales network in North America, (iii) potential acquisitions of, or investment in, businesses in the field of fasteners, and (iv) general corporate purposes and working capital, including potential strategic investments and acquisitions.

The Offering was conducted on a firm commitment basis. Cathay Securities, Inc., acting as the representative of the underwriters, Revere Securities LLC and Dominari Securities LLC were the underwriters (collectively, the “Underwriters”) for the Offering. Robinson & Cole LLP acted as the U.S. counsel to the Company, and VCL Law LLP acted as the U.S. counsel to the Underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-280371), as amended, and was declared effective by the SEC on September 27, 2024. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the prospectus relating to the Offering may be obtained from Cathay Securities, Inc. by email at service@cathaysecurities.com , by standard mail to Cathay Securities, Inc., 40 Wall Street, Suite 3600, New York, NY 10005, or by telephone at +1 (855) 939-3888; or from Revere Securities LLC by email at contact@reveresecurities.com , by standard mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350. In addition, copies of the prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov .

This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About ZJK Industrial Co., Ltd.

ZJK Industrial Co., Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers. With about twelve-year involvement in precision metal parts manufacturing industry, the Company has owned a professional team, a series of highly automated and precise manufacturing equipment, stable and strong customer group, and complete quality management systems. It mainly offers standard screws, precision screws and nuts, high-strength bolts and nuts, turning and Computer Numerical Control (CNC) machining parts, Surface Mounting Technology for miniature parts packaging; and technology service for research and development from professional engineering team. For more information, please visit the Company's website at https://ir.zjk-industrial.com/ .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions in this announcement and the registration statement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact :
ZJK Industrial Co., Ltd.
Phone: +86-0755-28341175
Email: ir@zjk-industrial.com

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

Market will rally for the election and possibly ‘beyond’ depending on the winner: Kyle Wool

Fri, 27 Sep 2024 20:41:19 GMT

Dominari Financial CEO Kyle Wool analyzes the latest inflation data as the 2024 presidential election continues to heat up on ‘Varney & Co.’

Dominari Securities CEO Kyle M. Wool Provides Market Commentary Following Recent Actions by the Federal Reserve

Mon, 23 Sep 2024 14:13:05 GMT

On Thursday of last week, Federal Reserve Chairman Jerome Powell cut the Fed Funds Rate by 50 basis points, leading to a broad-based rally in the US equity markets with the NASDAQ closing up over 3% and the Dow Jones Industrial Average hitting an all-time high. Many believe Chairman Powell is trying to orchestrate a soft landing of the US economy. This rate cut, along with future cuts expected to be up to 150 basis points in the near future, should create relief for many Americans by lowering the cost of business loans, auto loans, and the interest that folks pay on their credit card balances. Mortgage rates already have been falling for months in anticipation.

Sentiment truly matters, and now that rates are moving down, this alone could be enough to make more households and businesses feel good about spending again, buttressing the economy for the foreseeable future.

What will rate cuts mean to financial markets?

The drop in interest rates should spur M&A and investing activity lead by big tech in the Artificial Intelligence (AI) space. In the AI-verse we are seeing a theme and a rotation into large data centers and the companies that build out their electrification systems such as Vertiv Holdings (VRT), and nuclear energy companies that will need to supply the massive data centers that will harness AI production. Companies such as Vistra Corp (VST) and Constellation Energy (CEG) should stand to benefit immensely from this surge in infrastructure investment. Just this past Friday (9/20/24), Microsoft announced they will be partnering with Constellation Energy to re-open the dormant nuclear facility at Three Mile Island to power their data centers. Constellation was up over 22% on Friday on this development.

It seems big tech will continue to invest in a variety of AI related companies with many of the leading AI unicorns already taking in significant dollars. Open AI, already owned 49% by Microsoft, announced that both Apple and Nvidia will invest $1 billion in their most recent funding round.

Couple this with the $4 billion dollars Amazon recently invested along with $2 billion from Google in Anthropic, and it seems like the AI companies both public and private are the place to be.

In addition, many highly anticipated Unicorn IPOs in the space such as Cerebras and Groq will continue to generate interest, investments and profits in the months and years to come.

Dominari Securities via Dominari Master SPV Series offers accredited investor the access to pre IPO unicons via our Dominari Master SPV Series. If you would like more information, please email us at info@dominarisecurities.com .

Kyle M. Wool

Disclosures

Kyle Wool owns: AAPL, MSFT, NVDA,VRT, VST and CEG in the public markets and Cerebras and Groq via Dominari Master SPV’s in the private market.

Dominari Holdings owns: Cerebras and Groq via Dominari Master SPV’s in the private market.

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/ .

Dominari Securities LLC's Mission Statement

Dominari, a principal subsidiary of the Company, 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.

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