Dominari Holdings Set to Join Russell Microcap® Index
Rhea-AI Summary
Dominari Holdings (Nasdaq: DOMH) is set to be included in the Russell Microcap® Index following the 2025 Russell indexes annual reconstitution, effective June 30, 2025. The inclusion is based on market capitalization rankings and style attributes determined by FTSE Russell, which captures the 4,000 largest US stocks as of April 30.
CEO Anthony Hayes highlighted this milestone as a reflection of the company's building momentum and enhanced visibility among institutional and retail investors. The Russell indexes serve as benchmarks for approximately $10.6 trillion in assets as of June 2024 and are widely used by investment managers for index funds and active investment strategies.
Positive
- Inclusion in Russell Microcap® Index increases visibility among institutional and retail investors
- Automatic inclusion in growth and value style indexes
- Access to benchmark used for $10.6 trillion in assets
Negative
- None.
News Market Reaction
On the day this news was published, DOMH gained 0.85%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
Anthony Hayes, CEO of Dominari Holdings stated, "Inclusion in the Russell Microcap® Index is a meaningful milestone that reflects the momentum we are building across our business. This recognition enhances our visibility amount institutional and retail investors as we continue to execute on our strategic vision and pursue opportunities for sustainable growth. We remain committed to delivering long-term value through disciplined execution, innovation and operational excellence."
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell's US indexes serve as the benchmark for about
For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.
For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/
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 stockholder value, including in the AI and Data Center sectors.
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit FTSE Russell.
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
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SOURCE Dominari Holdings Inc.
FAQ
When will Dominari Holdings (DOMH) join the Russell Microcap Index?
What are the benefits of DOMH joining the Russell Microcap Index?
How are companies selected for the Russell Microcap Index?
How long will Dominari Holdings remain in the Russell Microcap Index?
