{"id":10014,"date":"2025-02-11T17:16:00","date_gmt":"2025-02-11T17:16:00","guid":{"rendered":"https:\/\/finderica.com\/?p=10014"},"modified":"2025-02-11T17:16:00","modified_gmt":"2025-02-11T17:16:00","slug":"dominari-holdings-shares-surge-after-donald-trump-jr-and-eric-trump-join-advisory-board","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=10014","title":{"rendered":"Dominari Holdings shares surge after Donald Trump Jr. and Eric Trump join advisory board"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108073096\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Eric Trump during an interview with the PA news agency at Trump International Golf Links near Balmedie, Aberdeenshire.<\/p>\n<p>Jane Barlow &#8211; Pa Images | Pa Images | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Dominari Holdings<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> shares shot up Tuesday after the holding company announced that President Donald Trump&#8217;s sons \u2014 Donald Trump Jr. and Eric Trump \u2014 have joined its advisory board.<\/p>\n<p>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\u00a0through its subsidiaries.\u00a0It is a so-called microcap company with a market cap of roughly $51.5 million, per FactSet.<\/p>\n<\/div>\n<div class=\"group\">\n<p>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.<\/p>\n<p>Dominari CEO Kyle Wool said his firm is looking for investment opportunities, particularly in the artificial intelligence and data center industries.<\/p>\n<p>&#8220;AI is advancing at an unprecedented pace and has the potential to revolutionize industries and transform the way companies do business,&#8221; Trump Jr. said in a statement. &#8220;Harnessing this transformative technology is essential to the &#8216;America First&#8217; agenda. It will require significant capital investment and strategic planning, and I look forward to contributing to those discussions at Dominari.&#8221;<\/p>\n<p>This isn&#8217;t the first corporate board Trump Jr. has joined since his father&#8217;s election victory. In December, he was added to the board of\u00a0<span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\">PSQ Holdings<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span>, the owner of the online marketplace PublicSquare. He also joined the board of <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-5\">Unusual Machines<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span>, a small U.S.\u00a0<a href=\"https:\/\/s3.amazonaws.com\/sec.irpass.cc\/2958\/0001683168-24-008412.htm#umac_ex9901.htm\" target=\"_blank\" rel=\"noopener\">drone and drone component maker<\/a>.<\/p>\n<p>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&#8217;s media company.<\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 class=\"RelatedContent-header\">Don\u2019t miss these insights from CNBC PRO<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/02\/11\/dominari-holdings-shares-surge-after-donald-trump-jr-and-eric-trump-join-advisory-board.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric Trump during an interview with the PA news agency at Trump International Golf Links near Balmedie, Aberdeenshire. Jane Barlow &#8211; Pa Images | Pa Images | Getty Images Dominari Holdings shares shot up Tuesday after the holding company announced that President Donald Trump&#8217;s sons \u2014 Donald Trump Jr. and Eric Trump \u2014 have joined<\/p>\n","protected":false},"author":1,"featured_media":10015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[3431,86,4015,2274,4016,3258,4017,132,2506,563],"class_list":{"0":"post-10014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-advisory","9":"tag-board","10":"tag-dominari","11":"tag-donald","12":"tag-eric","13":"tag-holdings","14":"tag-join","15":"tag-shares","16":"tag-surge","17":"tag-trump"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/10014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10014"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/10014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/10015"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}