Dominari Holdings Shares SURGE 30% After Donald Trump Jr. And Eric Trump Join Advisory Board

Dominari holdings Shares Shot up Tuesday after the Holding Company Announced that President Donald Trump‘S Sons – Donald Trump Jr. And Eric Trump – Have Joined Its Advisory Board.

The stock surgged 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 through its subsidiaies. It is a so-called microcap company with a market cap of roughly $ 51.5 million, per factsset.

Trump jr. Eric Trump Participated in a Recent Private Placement Funding Round in the company. Dominari on Tuesday Announced a $ 13.5 Million registered direction and private placement offering, While Its Board ALSO ALSO Declared a Special Cash Divide of $ 4 Million.

Dominari Ceo Kyle Wool said his firm is looking for investment options, particularly in the artificial intelligence and data center industries.

“AI is advancing at an unprecedented pace and has the potential to revolutions industry and transform the way companies do business,” Trump jr. Said in a statement. “Harnessing this transformative technology is essential to the ‘America first’ ageda. i. “

This isn’t the first corporate board trump jr. Has Joined Since His Father’s Election Victory. In December, He was added to the board of PSQ HoldingsThe owner of the online marketplace publicsquare. He also joined the board of Unusual MachinesA Small US Drone and Drone Component Maker,

In November, the Eldest Son of Trump Joined Venture Capital Firm 1789 Capital as a Partner. The Firm Invests in Products and Companies AT CONSERVATES and its investments include tucker carlson’s media company.