SIPC

Dominari Securities Acquires Broker Team with $700 Million in Assets Under Management

Retrieved on: 
Tuesday, April 18, 2023
Fifth Avenue, Trump Tower, CRS, Culture, MSRB, Mission, Policy, FDIC, Acquisition, SIPC, Investment, FINRA, Growth, Financial adviser

NEW YORK, April 18, 2023 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced that its wholly-owned subsidiary, Dominari Securities LLC, a FINRA licensed broker-dealer, has added an asset management team that manages over $700 million in client assets to its organization. This is the first significant acquisition since the division officially launched earlier this month after the purchase of the broker-dealer and registered investment adviser divisions of Fieldpoint Private Securities.

Key Points: 
  • NEW YORK, April 18, 2023 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced that its wholly-owned subsidiary, Dominari Securities LLC, a FINRA licensed broker-dealer, has added an asset management team that manages over $700 million in client assets to its organization.
  • Kyle Wool, CEO of Dominari Financial Inc. stated, "we are excited to have launched our broker-dealer division and are proudly open for business.
  • Our first team includes brokers who manage over $700 million in client assets and generate approximately $7 million in top line revenue annually.
  • Securities Brokerage and Registered Investment Adviser Services are offered through Dominari Securities LLC, a Member of FINRA, MSRB and SIPC.

Univest Securities, LLC Announces Closing of $3.0 Million Registered Direct Offering for its Client AnPac Bio-Medical Science Co., Ltd. (NASDAQ: ANPC)

Retrieved on: 
Friday, April 7, 2023
ADS, American depositary receipt, SEC filing, Sale, Prospectus, SIPC, Offering, FINRA, Form, Security (finance)

The pre-funded warrants are immediately exercisable and may be exercised at any time until exercised in full.

Key Points: 
  • The pre-funded warrants are immediately exercisable and may be exercised at any time until exercised in full.
  • The Company also issued to Univest Securities, LLC, which acted as the sole placement agent for the offering, warrants exercisable for 37,500 ADSs, with an exercise price of $4.80.
  • The gross proceeds to the Company from the registered direct offering were approximately $3.0 million before deducting the placement agent’s fees and other offering expenses.
  • Copies of the prospectus relating to the Offering may be obtained from Univest by email at [email protected] , or by calling +1 (212) 343-8888.

Univest Securities, LLC Announces Closing of $9.6 Million Initial Public Offering of Class A Ordinary Shares for its Client Shengfeng Development Limited (NASDAQ: SFWL)

Retrieved on: 
Tuesday, April 4, 2023
Linus Sandgren, Sale, Prospectus, SIPC, Offering, FINRA, Form, SEC filing, File, Security (finance)

In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 360,000 Class A ordinary shares at the public offering price after the closing of Offering, less underwriting discounts.

Key Points: 
  • In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 360,000 Class A ordinary shares at the public offering price after the closing of Offering, less underwriting discounts.
  • Univest Securities, LLC was acting as the underwriter and book-running manager for the Offering.
  • Copies of the prospectus relating to the Offering may be obtained from Univest by email at [email protected] , or by calling +1 (212) 343-8888.
  • In addition, copies of the prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov .

Joseph Gunnar Announces Appointment of Neil Kleinman as Head of Debt Capital Markets

Retrieved on: 
Tuesday, April 4, 2023
Finance, Consulting, Banking, Professional Services, Asset Management, Pennsylvania State University, Bachelor of Science in Information Technology, Capital market, IPO, Head, MSRB, Rulemaking, Research, Financial Industry Regulatory Authority, Municipal Securities Rulemaking Board, SIPC, Investment, FINRA, Gunnar, Security (finance), Buttonwood

Joseph Gunnar & Co., LLC ("JGUN"), a leading full service broker-dealer, investment adviser and investment bank, focused on the emerging growth markets, continues to build its growing investment banking practice with the addition of Neil Kleinman as Head of Debt Capital Markets.

Key Points: 
  • Joseph Gunnar & Co., LLC ("JGUN"), a leading full service broker-dealer, investment adviser and investment bank, focused on the emerging growth markets, continues to build its growing investment banking practice with the addition of Neil Kleinman as Head of Debt Capital Markets.
  • Mr. Kleinman will be based in JGUN’s New York City office where he will service the Firm’s issuer clients’ debt needs.
  • Mr. Kleinman brings over two decades of experience in the debt capital markets, having completed more than 350 transactions.
  • Most recently, Neil was a Director at Reveille Capital and led their debt capital markets initiatives to originate and execute all asset-backed and corporate transactions.

Edgar Matthews & Co. Launches as an Independent Investment and Merchant Bank to Provide Holistic Capital Markets and Financial Advisory Services to Middle Market Companies

Retrieved on: 
Tuesday, April 4, 2023
Finance, Banking, Professional Services, Other Professional Services, Small Business, FINRA, DNA, Goldman Sachs, Ecosystem, Partnership, Matthews, SIPC, Financial adviser, Financial services

Edgar Matthews & Co. LLC (“Edgar Mathews” or the “Firm”), launched today as an independent investment and merchant banking firm focused on providing middle market companies with specialized access to high-quality, bespoke investment banking services.

Key Points: 
  • Edgar Matthews & Co. LLC (“Edgar Mathews” or the “Firm”), launched today as an independent investment and merchant banking firm focused on providing middle market companies with specialized access to high-quality, bespoke investment banking services.
  • The Firm was founded by Matt Edgar, a former investment banker at Goldman Sachs with extensive experience and expertise providing capital markets and strategic advisory services to middle market companies and financial sponsors.
  • Edgar has advised on more than 175 completed transactions, representing more than $70 billion in value.
  • Edgar Matthews will advise both emerging and established middle market companies and financial sponsors on strategic initiatives, including M&A advisory, restructuring and other endeavors, and will also provide differentiated capital markets solutions, leveraging the team’s deep network of investors and structuring expertise.

Harris Williams Advises Buck on its Sale to Arthur J. Gallagher & Co.

Retrieved on: 
Monday, April 3, 2023
Professional Services, Other Professional Services, Insurance, Human Resources, Finance, Consulting, Banking, Farringdon Road, HRB, H.I.G. Capital, The 8th Floor, Financial Conduct Authority, Pension, VAT Group AG, Risk management, Trustee, Registrar, Consultant, Sale, Arthur J. Gallagher & Co., Organization, Harris Williams & Co., SIPC, FINRA, Growth, Health, NYSE, Financial services, Buck

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Buck, a portfolio company of H.I.G.

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Buck, a portfolio company of H.I.G.
  • Capital (“H.I.G.”), on its sale to Arthur J. Gallagher & Co. (NYSE: AJG; “Gallagher”).
  • The transaction was led by Derek Lewis , Bryce Walker , Maury Nolen and Michael Tuohey of the Harris Williams Business Services Group .
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Harris Williams Advises Ethos Capital on its Acquisition of Newforma

Retrieved on: 
Monday, April 3, 2023
Technology, Construction & Property, Finance, Banking, Professional Services, Software, Other Construction & Property, Data Management, Other Professional Services, Communication, Panasonic Executive Partner, Farringdon Road, HRB, Partnership, The 8th Floor, Financial Conduct Authority, SoundView Technology Group, Vat 69, Registrar, Harris Williams & Co., Acquisition, SIPC, PIM, Engineering, FINRA, Pleasure, Architecture, Construction, Ethos

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Ethos Capital LP (Ethos) on its acquisition of Newforma, a provider of project information management (PIM) software for architects, engineers, contractors, and owners worldwide.

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Ethos Capital LP (Ethos) on its acquisition of Newforma, a provider of project information management (PIM) software for architects, engineers, contractors, and owners worldwide.
  • The transaction was led by Priyanka Naithani and Ryan Costa of the Harris Williams Technology Group .
  • Ethos’ strategy is to add value by partnering with existing management teams to strategically enhance operations and accelerate growth.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Webull Rolls Out Cash Management Tool

Retrieved on: 
Tuesday, April 11, 2023
Cash management, Interest, SIPC, IRA, APY, Cryptocurrency, Webull

NEW YORK, April 11, 2023 /PRNewswire/ -- Webull, a leading commission-free trading platform, today announced the launch of Cash Management, their latest offering which allows eligible users to earn 4.1% APY interest on their uninvested cash. Interest will be accrued daily and paid out automatically each month. Users will be able to easily track earned interest directly via the in-app dashboard.

Key Points: 
  • NEW YORK, April 11, 2023 /PRNewswire/ -- Webull, a leading commission-free trading platform , today announced the launch of Cash Management, their latest offering which allows eligible users to earn 4.1% APY interest on their uninvested cash.
  • Webull is giving back to its customers by providing a competitive rate to earn money on uninvested cash at no additional cost.
  • Webull Cash Management will be accessible to all users who have cash accounts on the platform, excluding IRA accounts and New York residents who have signed up for crypto trading .
  • Cash Management accounts are covered by SIPC, providing protection up to $500,000, including a $250,000 limit for cash.

Kyle Wool Appears on Fox Business

Retrieved on: 
Monday, April 10, 2023
Morgan Stanley, CRS, MSRB, Mission, Wall Street, Wealth management, SIPC, Investment, FINRA, Varney & Co., Management, Financial adviser

NEW YORK, April 10, 2023 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced that Kyle Wool, CEO of Dominari Financial Inc. ("Dominari"), a wholly-owned subsidiary of the Company, appeared as a guest this morning on Fox Business Network's show "Varney & Company."

Key Points: 
  • NEW YORK, April 10, 2023 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced that Kyle Wool, CEO of Dominari Financial Inc. ("Dominari"), a wholly-owned subsidiary of the Company, appeared as a guest this morning on Fox Business Network's show "Varney & Company."
  • Wool was appointed as CEO of Dominari in March 2023.
  • In this role, he is focused on building a dynamic and modern financial services organization that is at the forefront of wealth creation and preservation.
  • Wool is a successful Wall Street veteran, having held numerous positions across leading firms in private wealth management and asset management.

THE BALANCED WEALTH APPROACH: Secrets to Living Long and Living Rich

Retrieved on: 
Wednesday, April 5, 2023
Life, Telephone, Human, SIPC, Investment, Worth, Audible, Commonwealth Financial Network, FINRA, Zoom, Commonwealth, Health, ROI, Registered investment adviser, Financial services, Financial adviser

According to Hine's book, THE BALANCED WEALTH APPROACH, the secrets to living long and living rich are clarifying one's values and committing to physical, mental, and spiritual — as well as financial — wellness practices.

Key Points: 
  • According to Hine's book, THE BALANCED WEALTH APPROACH, the secrets to living long and living rich are clarifying one's values and committing to physical, mental, and spiritual — as well as financial — wellness practices.
  • Tom's advisory firm, Capital Wealth Management, LLC, is dedicated to providing sound financial advice with a focus on integrity, innovation, and compassion.
  • I developed THE BALANCED WEALTH APPROACH so that, at any stage of their career, in any economy, people can determine and experience for themselves what it means to be truly rich."
  • Fixed insurance products and services offered through CES Insurance Agency or Capital Wealth Management, LLC.