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

Rhea-AI Summary

Dominari Holdings (NASDAQ: DOMH) announced that its subsidiary, Dominari Securities, successfully served as the exclusive placement agent for a $100 million equity investment in SRM Entertainment (NASDAQ: SRM). The deal involves issuing 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants, potentially reaching $210 million upon full warrant exercise. TRON blockchain founder Justin Sun will join SRM as an advisor. The investment will enable SRM to implement a TRON Token Treasury Strategy, leveraging the TRON blockchain's capabilities in low-cost, high-speed transactions. CEO Anthony Hayes emphasized this deal's significance in positioning Dominari at the intersection of traditional finance and blockchain technology, highlighting the growing institutional confidence in blockchain's role in global finance.

Positive

• Successfully facilitated a significant $100 million equity investment deal as exclusive placement agent
• Total potential investment could reach $210 million with full warrant exercise
• Strategic partnership with TRON blockchain founder Justin Sun as advisor
• Positions Dominari at the forefront of blockchain-driven finance
• Demonstrates company's ability to execute large-scale financial transactions

Negative

• None.

Insights

Financial Advisor specializing in Blockchain Investments

Dominari Securities secured a significant revenue opportunity by facilitating a $100M investment into SRM with blockchain integration, strengthening their market position.

Dominari Securities has executed a major transaction that positions the company for substantial fee revenue while establishing a strategic foothold in the blockchain-finance intersection. By serving as the exclusive placement agent for SRM Entertainment's $100 million equity investment, Dominari has likely secured significant placement fees, though the exact amount isn't disclosed.

The deal structure is particularly sophisticated, featuring 100,000 shares of Series B Convertible Preferred Stock complemented by 220 million warrants, creating a potential total investment of $210 million if all warrants are exercised. This arrangement suggests a well-crafted liquidity pathway for both the investor and SRM.

The strategic alignment with TRON blockchain and founder Justin Sun marks Dominari's entry into the high-growth blockchain finance sector. SRM's planned implementation of a TRON Token Treasury Strategy indicates this isn't merely a passive investment but a functional integration of blockchain technology into SRM's business operations.

For Dominari Holdings, this transaction delivers immediate value through placement fees while potentially creating longer-term opportunities as a connector between traditional finance and digital asset ecosystems. The deal demonstrates Dominari's capability to execute complex, high-value transactions in emerging financial sectors, which should enhance their competitive positioning when pursuing similar mandates from other companies exploring blockchain integration.

-  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:

Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., 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.

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.
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

What is the value of the equity investment deal facilitated by Dominari Securities (DOMH) for SRM Entertainment?

Dominari Securities facilitated a $100 million equity investment deal for SRM Entertainment, with potential to reach $210 million upon full warrant exercise.

Who is joining SRM Entertainment as an advisor following the investment deal?

Justin Sun, the founder of TRON blockchain, is joining SRM Entertainment as an advisor following the investment deal.

What type of securities were issued in the DOMH-facilitated investment for SRM?

The investment included 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants.

What is the purpose of SRM Entertainment's TRON Token Treasury Strategy?

The TRON Token Treasury Strategy aims to capitalize on the accelerating global adoption of blockchain and digital assets, leveraging TRON's capabilities in low-cost, high-speed transactions.

How does this deal impact Dominari Holdings' (DOMH) market position?

The deal strategically positions Dominari at the forefront of blockchain-driven finance and demonstrates its ability to facilitate high-impact equity investments bridging traditional finance with digital asset strategies.