Dominari Holdings Emphasizes Commitment to American Innovation Amid Regulatory Oversight

Dominari Holdings Reaffirms Commitment to American Innovation Amid Regulatory Scrutiny

In a recent letter to clients and shareholders, Dominari Holdings Inc. (NASDAQ: DOMH) addresses inquiries from the U.S. House Select Committee regarding its past involvement in underwriting initial public offerings (IPOs) for Chinese companies. CEO Anthony Hayes highlights that, since the company's inception in 2023, the participation in IPOs, particularly for Chinese firms, has been minimal, accounting for less than 10% of total investment banking revenue.

Dominari's strategic shift away from Chinese IPOs commenced in 2024, with the company completely withdrawing from Hong Kong IPO activities by mid-2025. This pivot underscores Dominari's focus on fostering American businesses and innovation. In the letter, Hayes reinforces the company's commitment to supporting U.S. entrepreneurship, noting impressive achievements in the previous year. In 2025, Dominari successfully raised over $1.4 billion for American ventures, significantly contributing to American economic development. Notably, a $345 million raise for New America Acquisition I Corp illustrates the company's dedication to bolstering the domestic market.

Further emphasizing its commitment to American enterprises, Dominari facilitated key secondary offerings for U.S.-based companies, including Unusual Machines Inc., a drone manufacturer that secured $40 million in May and $48.5 million in July 2025. Dominari's proactive cooperation with the Select Committee demonstrates transparency in its operations, aligning with its strategy to remain focused on U.S. investment opportunities. Hayes concludes the letter by expressing gratitude for shareholder support while reiterating the company’s role in contributing positively to American innovation and economic growth.

In addition to addressing regulatory concerns, Dominari Holdings actively engages with stakeholders through informational updates, reinforcing their commitment to transparent communication. The company encourages clients and shareholders to visit its website for ongoing updates about its strategic initiatives and focus on nurturing American businesses.